Licensed under the Real Estate Agents Act 2008

Ritesh Verma

Contact me

Ritesh Verma

Mobile: 027 577 7938

DDI: 06 281 3721

ritesh@pb.co.nz

View all my Listings

Local Branch

Whanganui

51 Taupo Quay

P O Box 4132

WHANGANUI 4500


Phone: 06 345 7714

Expression of interest

 

Expressions of interest by a certain time is likely to:

 
  • Encourage conditional and unconditional buyers to consider buying your property
  • Provide opportunity to maximise the sale price, as your price is unknown
  • Create a sense of urgency among buyers as the Expression of interest time approaches
  • Allow you to negotiate with a potential buyer before, during and after the advertised time
  • Allow you to accept an offer prior to the advertised time
  • Draw a larger number of buyers to view and consider your property

 

However it may also:

 
  • Allow bidders to remain in a closed non-competitive bidding situation
  • Allow for conditions to be attached to the purchase
  • Deter those buyers looking for an indication of price
  • Attract buyers who are in a lower or the wrong price bracket required

 

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