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Selling at auction is becoming increasingly popular due to the competitive nature of bidding and the likelihood of a fast and positive outcome.

Real estate auctions are time-definitive opportunities that bring the market to your door. The trend towards auction as an option for sale has been gathering pace since 2012, and as market conditions heat up and buyer competition increases, selling at auction generally obtains the highest possible price – provided your auctioneer is experienced and a skilled negotiator. 

At PRB Auctioneers we’re completely focused on getting you the best possible outcome and we know how to generate excitement and urgency amongst bidders.

Why sell under the hammer?


It’s fast

Just 3 – 4 weeks from listing to sale.


It’s certain

When the hammer falls, the property is sold and the deposit is paid immediately – not into our trust account but into your solicitor’s trust account

Eye by BomSymbol from the Noun Project

It gets more views

Auctions are proven to get more viewings by prospective buyers than standard listings


It’s transparent

The buying process is completely transparent for vendors and buyers.


It’s fair

Auctions are a completely level playing field.


It’s a better result

CoreLogic RP Data research shows the median house sale price by auction in Brisbane is 48% higher than the median price by private treaty sale, with similar statistics for Sydney and Melbourne

* Data for the 12 months ended September 2015.  Brisbane house median private treaty sale price $480,000, median auction price $712,250.  Sydney median house private treaty sale price $700,000, median auction price $1,260,000.  Melbourne median house private treaty sale price $491,800, median auction price $835,000.

Why sell under the hammer with PRB Auctioneers?

It’s all about results and PRB Auctioneers is 100% results driven.  Their results speak for themselves, with 90% of properties selling, and most of properties sold either on the day of auction or 14 days either side of it.

How are auctions promoted?

Auction advertising should be designed to attract attention from as many potential buyers as possible so it’s important to have a comprehensive strategy covering print and online media.  86% of potential buyers use online as their main tool to search for property so it’s critical that this essential component stands out from the hundreds of other listings your potential buyer is viewing.

With more than 30 years’ experience, PRB Auctioneers know what works and what doesn’t work when it comes to auction advertising and they often work with agents to develop a full marketing proposal for the owner. The cost of in-depth strategy marketing has been dramatically reduced in the digital arena.

For any agency a key benefit of selling by auction is that all advertising costs are paid by the owner – so your brand gets great exposure without the associated cost.

What information does the vendor need?

PRB Auctioneers liaises directly with the vendor, letting them know exactly what to expect during the listing period and on auction day. During the lead-up to the auction there is typically quite a bit of discussion with the vendor in order to work out where to set the reserve and to develop the strategy for the initial asking bid.

Contact PRB Auctioneers

Want to take your listing to auction?  Contact PRB Auctioneers for a chat about creating a winning strategy today.