TENDER
A detailed contract is prepared with some terms fixed & others flexible. A time and date is set for final submission. Usually for more complex sites. Different conditions can be further negotiated.
HIGH PROFILE
Where an expensive marketing campaign is worked out. A lot of money is spent on a huge sign, several full page advertisements and big lineage adverts. Expensive brochures and letterbox drops, plus entry on the most viewed real estate websites.
LOW PROFILE
More low-key, smaller signs, cheaper advertisements and brochures. They wish to spend less money and do not believe they will achieve a higher price by spending more and rely mostly on the internet to market their property.
SILENT SALE
Where a seller asks an agent to find a buyer without advertising, or marketing, because they do not want the general public knowing their house is on the market. Difficult but sometimes occurs.
SET DATE SALE
Similar to Tender or Auction, but the buyer is free to put any offer on any terms and conditions by a specified date. Not very different from expression of interest.
QUIET SALE
The property is advertised without address or home opens. Inspection by appointment only. For sellers who do not want neighbours or sticky beaks viewing.
EXPRESSIONS OF INTEREST
No price is set. Sometimes an indicative price range is given. A final date to submit offers, on any basis, is set. The best offer by the date may, or may not, be accepted. Sometimes a very good offer comes in early and the owner sells at that price.