Different methods of buying and selling property

​There are several methods of buying and selling property in New Zealand.

It is important that you understand the particular process for the property you are buying or selling. 

Practices vary from agency to agency. Make sure you confirm the details with the salesperson and get legal advice before you sign anything.​

Buying and selling by auction

An auction is an open process where buyers bid against other buyer to purchase a property.

Read more about buying and selling by auction

Buying and selling at an advertised price

 
The buyer can make an offer at any time when a property is being sold at an advertised price with no time limit.
 
Read more about buying and selling at an advertised price.
Buying and selling by tender

When a property is being sold by tender, prospective buyers make confidential written offers to the salesperson before a deadline.

Read more about buying and selling by tender.

Buying and selling by deadline sale

In a deadline sale, a property is marketed for a set period with an advertised end date. 

Read more about buying and selling by deadline sale.

Glossary