Buying and Selling Property At Auction with EVES

Welcome to property auctions with EVES!

Believe it or not, auctions are one of the oldest and most successful methods of sale however they aren’t just a traditional method of sale, they are a dynamic negotiation platform where eager buyers meet willing sellers, facilitated by our expert auctioneers.

Selling by Auction

Auctions are a highly transparent process enabling buyers to observe their competitors’ actions throughout the auction call. When a property is sold at auction the sale is unconditional, and a non-refundable 10% deposit is required to be paid. The entire process can be broken down into three key phases;

Phase one; High profile marketing period

Where all buyers are made aware that a property is for sale. This phase identifies prospective buyers and we work with them to achieve a cash unconditional sale on or before auction day.

Phase two; Auction Day

Where all-cash buyers are given the opportunity to compete and purchase the property at the same time. This happens in real-time, ensuring a fair and transparent sale.

Phase three; Post Auction Potential

If your property did not sell under the hammer, we move into phase three where we tap into interested parties from phase one – including those who are in a conditional position but were unable to compete on a cash basis on auction day. During this phase, you are able to draw on the market insights gained throughout the campaign and make informed decisions.

Why choose auctions when selling your property? Let's count the ways: 

• Control: You set the terms that suit you best.
• Cash is King: Say goodbye to financing woes with confirmed cash sales.
• Level Playing Field: Buyers can't guess the value without seeing it firsthand.
• Inclusive Bidding: Anyone with cash can participate.
• Confidentiality: Keep your price expectations under wraps with confidentiality.
• No Backing Out: Once the hammer falls, the deal is done.
• Quick Turnaround: Spend less time on the market, more time celebrating.
• Sense of Urgency: Buyers act fast when the clock is ticking.
• Deadline: Auction day is decision day, no drawn-out negotiations.
• Friendly Competition: Buyers compete against each other, not against you.
• Flexibility: Customise terms to suit individual buyers.
• Maximum Exposure: Shine the spotlight on your property within your budget.
• Valuable Feedback: Gain insights directly from the market, helping you make informed choices.
• Skilled Auctioneers: Our seasoned auctioneers ensure you get top dollar.
• Secure Transactions: A 10% deposit seals the deal, no second-guessing.

Worried about pressure? Don't be. We believe in empowering owners to make the right choice for them. If the offer meets your goals, it's a win. As for costs, our commitment to your success means we provide our auctioneer within our Marketing Campaign, at no extra charge. 

Buying at Auction

Buying at auction is the most transparent way to buy a property when there is competition, as you can see and/or hear what others are doing. This provides a base to make sound decisions on whether to proceed further in your pursuit to purchase the property. Some people fear they will be forced beyond their limits at auction, however, there is a simple protection for this.  We advise buyers to approach an auction with sound knowledge of their ceiling price and don’t go beyond it.

Informational Videos Available

To support you through the auction process, we offer informational videos for both buyers and sellers, ensuring everyone feels confident and informed throughout the process. These will be sent to you by our auctioneer during the relevant stage of your marketing campaign.
Let's make your property dreams a reality with EVES auctions!

Meet our Auctions team

Feel free to contact Grant Child, our EVES Auction Manager at any time if you would like to know more about our auction process. You are welcome to contact him at any stage to discuss your auction options. Call 07 579 0798 or send him an email now

What others say about EVES auctions

"I was working with other family members to identify and purchase a home in Hamilton. We were intentionally avoiding the auction process on the basis of a largely intuitive personal belief in the lack of sincerity of the process and many of those espousing it. After an extended period without success in the open market, I attended several training sessions and auctions in the area of interest and was not comforted to find that the reality closely mirrored my concerns.

I now needed help and sought the advice of a friend in the real estate industry – Grant Child. I should note here that I have known Grant for many years during military service together and was aware of his role as an auctioneer. To avoid any souring of his valued friendship, I had never explained my adverse opinion of this aspect of real estate. He then took considerable time and effort to provide a detailed explanation of principles of the auction, the ethics involved and behavioural parameters. He clearly explained his responsibilities to the seller. I found that the detail and extent of his advice was not ‘a favour to a friend’ but was support that he offered freely to all prospective buyers.

The content and value of his advice to a prospective bidder was significantly superior to others in my experience. I then found his auction room environment to be all that he said it should be – friendly, inclusive and not a single example of the distasteful aspects of my previous experiences. As a direct result of his support, I felt empowered. I was aware and confident at auction time and in control of my own decision making throughout.

On any future foray into real estate, I will actively seek out the auctions being conducted by Grant Child and the prior support provided by him. I recommend him to any prospective real estate purchaser without reservation".

Gordon Benfell    

 

"Many thanks for sending the video link, we found it very informative and will know what to expect and be prepared for the different scenarios".

Chessie

 

"I have bought and sold at auction before and by far the auction presentation exceeded my expectations and well worth going to”.

Laurie Bell

 

"I would like to take this opportunity to acknowledge EVES for the fantastic outcome of the auction. I would also like to thank you for a most brilliantly run and entertaining auction. Over the 4 week period where our house was on the market we were inundated with enquiries and views, sometimes averaging 1 a day over the course of a week (not including open home viewers) and at one point 165 “watchers” on Trade Me. In my view, this is a direct result of the emphasis put into promoting our house.   

My wife and I followed the advice given and the outcome far exceeded our expectations. I will recommend Eves to anyone I meet who is thinking about selling".

Paul Creamer

 

"Initially we were reluctant to go to auction, however after attending the vendor’s seminar that Grant Child presented we felt we had made the right choice. Grant’s knowledge; experience and professional approach assisted us with the pre-auction process and on the day. We only had one bidder and Grant provided us with a strategy that worked, resulting in the sale of our property. We would highly recommend the auction process and Grant as a skilled auctioneer".

Dave & Ailsa Cowdrey

 

"Prior to selecting an agent to sell our estate property, we looked at all real estate companies and agents in the Tauranga area. After considerable due diligence, we selected EVES Realty. We worked closely with our agent setting up a good marketing plan with photos. We had a five-week programme which included marketing and open homes. EVES proved to be a good choice running successful open homes, providing us weekly written reports, communicating as and when required. Our property went to Auction and EVES kept the prospective purchasers interested right through to the auction. A very important part of the whole process is to get a quality auctioneer who communicates with bidders and positively encourages them to bid. We selected Grant Child. Grant was a great auctioneer and we would highly recommend him to future sellers.

To sell a property you must have all the key elements and people from the start to finish. We are very satisfied with our result and would highly recommend EVES Realty and we also highly recommend Grant Child as your auctioneer".

Jim Verran

 

Ready to dive into the excitement of auctions? Reach out to Grant Child, our EVES Auction Manager, anytime to explore your options. Call 07 579 0798 or shoot him an email today.