Ray White Now | Updated weekly Ray White Now | 26 May - Page 11

So how do we create the most competition for your property? 1. Marketing dominance Finest auction business in Australia Our market leading position comes from an unwavering commitment to auctions. Ray White listed 24 per cent of all auctions across the country in 2019. That’s three times more than our nearest competitor. During April, that number has increased, with Ray White listing 28 per cent of all online auctions. We put this down to our national team of auctioneers who have quickly adapted to the new online auction environment, using unique technology that’s been created by our team of in-house experts. Our current auction day clearance rate is 68.8 per cent nationally. Private Treaty Our approach to private treaty is aligned with the auction method of creating competitive situations between buyers to create the best outcomes for our vendor clients. We have never lost faith in the value we can bring our vendors in a challenging market through effective marketing. If you choose to sell, we will be suggesting an investment in marketing, as we believe it enables us to maximise competition and clearly illustrate your intent to sell and therefore attract genuine buyers. We appreciate that some people would prefer to sell quietly, or off-market, and avoid an investment in marketing, but our experience tells us that this most often leads to little competition and therefore you’re negotiating from a weak position. Disclaimer: Online listing data based on new listings listed on domain.com.au, developments excluded, house and unit stock only. Periods as noted. 11