Selling guide

Sale by tender: a NZ homeowner’s guide

Tender is one of the most popular property sales methods in NZ.

Al Hall
Last updated: 11 December 2024 | 4 min read

What does it mean to sell a property by tender?

You'll receive tender offers in sealed envelopes.

What’s the difference between a tender sale and a deadline sale

Tender sales can lead to higher sales prices.

Advantages of sale by tender

1. Opportunity for a higher selling price

2. Time to think

3. Buyer flexibility

4. Ideal for unique properties

5. Privacy

Disadvantages of selling your home by tender

1. Risk of lower offers

2. Seller uncertainty

3. Risk of buyers working together

4. Marketing costs

5. Buyer reluctance

Author

Al Hall Al Hall