A method of selling property through a negotiated price process, rather than auction. The vendor sets an asking price; buyers make offers and negotiate. Private sales often include a cooling-off period and may include conditions such as subject to finance or building inspection. More common in some states (e.g. QLD, WA) than auction-dominated markets (Sydney, Melbourne).
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How to choose a selling agentInterview process, the appraisal-price trap, and the listing agreement.