When it comes to selling your home, one of the most important decisions you’ll make is the best sale method for your home. Having the right method of sale can have a big impact on the level of competition, the final sale price, and even how long it takes to sell.

At EVES, we know that every property - and every seller - is different. That’s why understanding the differences between Auction, Deadline Sale, and Tender is so important. Here’s a breakdown of what each method means, and how to decide which might suit your needs best.

Auction

An auction is a public sale with a set date and time where buyers compete in real time to secure your property. Auctions are emotionally charged. The competitive atmosphere can also create certainty that your property is worth what the market is willing to pay on the day.

If your home doesn’t sell at auction, it doesn’t mean the end of the road - it can be listed with a price or moved into another sales method seamlessly.

Why choose auction?

  • Creates urgency with a clear campaign period.
  • Encourages competition as buyers bid against one another.
  • Transparent process - you can see exactly how your property value is perceived by the market.
  • Unconditional sale once the hammer falls.

Best suited for:

  • Homes in high-demand areas
  • Properties with unique features where open competition may drive a premium price.
  • Sellers who want certainty and a strong chance of an unconditional result.

Deadline Sale

A deadline sale sets a specific date and time by which all offers must be submitted. Buyers can make offers at any time before the deadline, and you can choose to accept one early or wait until the deadline closes.

Buyers know the clock is ticking, which motivates them to act quickly. They also understand that others may be preparing offers, creating healthy competition. Because conditions like finance or building reports are often included, it appeals to a wider buyer pool who might not be in a position to bid unconditionally at auction.

With a deadline sale, you’re never obligated to accept an offer unless you’re happy with it. You’re in the driver’s seat.

Why choose deadline sale?

  • Creates a sense of urgency without the intensity of a live auction.
  • Gives you flexibility - you can consider offers as they come in.
  • Works well in markets where buyer demand is steady but not frenzied.

Best suited for:

  • Properties where competition is likely, but not at auction levels.
  • Sellers who prefer a little more time to weigh up offers.
  • Situations where buyers may need conditions (like finance approval or building reports).

Tender

A tender is a sealed offer process, where buyers submit their best offer (price and terms) by a set deadline. Offers are confidential and opened all at once, giving you control to choose the one that works best for you.

Because they only get one opportunity, buyers will usually put forward their very best offer straight away. For sellers, this can mean achieving a strong result without extended back-and-forth negotiations.

For tenders, your salesperson will help guide you through preparing all the necessary documents and ensure buyers have everything they need to make strong, confident offers.

Why choose tender?

  • Encourages serious buyers to put forward their strongest offer first.
  • Gives you complete privacy and control in reviewing offers.
  • Useful when selling unique or high-value properties where discretion is important.

Best suited for:

  • Properties that don’t have easy price comparisons.
  • Sellers who want a private process.
  • Situations where terms (not just price) are a big factor in the decision.

So, Which Is Right for You?

There’s no one-size-fits-all answer. If you want maximum competition and certainty, auction may be the way to go. If you prefer flexibility with offers, deadline sale could suit. And if privacy and control are key, tender might be your best option.

The good news? Our experienced EVES salespeople are here to guide you. We’ll look at your property, your goals, and the current Bay of Plenty market to help you decide on the best strategy.

Ready to Sell?

If you’re considering selling your home, get in touch with your local EVES team today. We’ll walk you through your options and design a campaign tailored to you.

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