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Private Treaty
What is private treaty?
Private treaty is defined as an agreement for the sale of property at a price negotiated directly between the purchaser and the auctioneer. The seller can mandate the auctioneer to utilise its existing customer base to continue to market and to sell the property.
How does it work?
A private treaty sale happens when a property isn’t sold at auction, or when a buyer makes a private offer that the seller accepts. Once both parties agree and sign on the selling price, the property is withdrawn from auction. The buyer remains responsible for paying the commission.
Can I view the property?
Viewings are by appointment only. You may request a viewing of a property with one of our agents.
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