How can I make the best use of PropNow for each property?

Good property, attractive starting price, many interested parties
Classic open DAV (digital bidding process)
Achieves high bidding dynamics and thus the best price in the shortest possible time

Attractive property with good demand but an inflated starting price
Open offer Process with flexible bidding options (e.g. allow bids below the maximum bid or starting price)
Creates a strong field of bidders as interested parties can also bid lower prices; shows a realistic price-demand situation and can thus convince sellers to sell at a lower price

Hard-to-sell existing property with inflated price; long on the market and losing interest
Radical price cut and repositioning on the market (with DAV); appealing to new buyer groups
Open Offer process creates strong demand and pushes genuine buyers upwards

Property difficult to evaluate; development potential
Closed offer process for market price determination
Followed by a second open round with the highest bidders for price optimisation, if necessary

Property on the outskirts in a location with little demand; few interested parties
Either proceed as with slow-moving stock or make a digital purchase offer to individual interested parties – simple digital purchase offers are completely free of charge!
Advantage: interested parties can conveniently submit everything online; if several offers are collected, individual offers can easily be transferred to an open offer process for price optimisation.

Opportunity to generate additional business through DAV in special cases, e.g.: communities of heirs, divorces, public institutions, sales by guardians/trustees, probate proceedings, etc.
Increased documentation requirements necessitate a transparent and professional bidding process!
Auction-based bidding process eliminates any doubts on the part of the observing institution as to whether the result is truly the best price.

Exemplary use cases in various market situations