THE TRADITIONAL METHOD OF AUCTION
This is a tried and tested method associated mainly with selling and buying investment stock due to more restrictive timeframes to exchange contracts and complete the sale. This limits buyers and the interest and activity around residential properties.
THE MODERN METHOD OF AUCTION
The Modern Method of Auction opens the auction market (once reserved for the professional investor or cash-ready buyer) up to residential buyers, creating a larger marketplace and more interest and activity than traditional auction. It is the preferred route for buying and selling via auction and has changed the perception of auction in the last decade.