There are several methods of buying and selling property in New Zealand. Each is fairly different so its important to learn all of the ins and outs.
An auction is an open process where buyers bid against one another to purchase a property.
This is when the property is marketed with a selling price – the amount the seller wants to be paid for it.
When a property is being sold by tender prospective buyers submit confidential written offers for the property to the agent.
When a property is sold by deadline sale, it is marketed for a set period with an advertised end date.