
This is why auctions deliver incredible results for some and fall flat for others.
Auctions aren’t a one-size-fits-all solution. When the right property meets the right market, they’re powerful. But when either is mismatched, auctions can be anticlimactic and disappointing, hurting your chances of a sale in the long run.
When auctions work:
- There’s strong buyer demand in your price segment,
- The property has broad appeal or unique desirability,
- There are multiple buyers ready to compete,
- The campaign is well-strategised and tightly run.
In competitive segments like entry-level homes and downsizer-friendly villas, we’re seeing excellent outcomes. Recently, we sold a one-bedroom apartment well above the median at auction due to a sharp campaign and the right conditions.
When auctions underperform:
- The property is homogenous and similar to too many other listings,
- Buyer confidence is low (e.g., interest rate uncertainty)
- Overpricing or poor presentation limits interest.
Our approach? We assess every property individually. Some need the urgency and competition of an auction; others perform better via private sale with pre-qualified buyers. It’s not about the method – it’s about matching the method to the market.
Thinking of selling? Let’s assess your strategy first.