Property Express is characterised by the following:
- Silent auction
- Estimated selling range provided
- Openly testing the market
- Short two week marketing campaign designed to create urgency among buyers to view and make an quick decision
- All offers are not publicly revealed, which minimises the negative impact on the price, unlike at a traditional auction
- All offers are submitted during the two week campaign
- After the 2nd open home, all offers are submitted to the vendor for review