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Why use us?

Cost Effective

$695 to list and 0.3% of the sale price if you sell.

Insight Into The Market

Know precisely the number of people watching your listings.

Know who has registered to bid before bidding commences.

Easy To Use

Simply Apply to List.

Begin listing after your Agency details are confirmed.

Easily integrated into the marketing campaign.

Same as listing on marketing portals.

Less Work For You

Exchangehouse conducts all registrations to bid.

We affect exchange of contracts on behalf of both the buyer and seller.

Agent with a Point of Difference

Tech driven, online, available 24/7.

Aligned with other consumers experiences.

Your difference in a generic marketplace.

Get More Listings

Get the best price for vendors by buyers having sufficient time to increase bids.

Have time to engage with buyers during bidding.

Give vendors 24 hours to consider full market price before auction closes.

How to use us?

Apply to List
Provide some basic information about your Agency

Nominate bank details for online payment of all fees

Once verified, your login details will allow you to list

Easy, fast and secure
Listing a Property
Provide some simple details of the property

Provide a description and upload some photos

Set the reserve price and upload vendors confirmation

Select an Opening Bid Call (OBC). Choices are randomly calculated within range of the reserve

Determine when you want bidding to commence

Upload contract of sale which will be used to exchange

Review listing and you are done !
Before Bidding Commence
Your OBC is advertised to the market

People can tag and watch your property

You can adjust the reserve and reduce the OBC if necessary
Place Bids
Commences by bidding the opening bid call.

All bid are binding.

The minimum next bid slightly increases every hour to encourage timely bidding.
Your Choices Now
You can accept ANY bid within 24hrs

If a bid has not reached the reserve but you are satisfied, you must accept it within 24hrs, or it will be lost and the auction will end

If the reserve has been met, no need to do anything. It will sell to the last bid that lasts for 24hrs

If a bid has not reached the reserve and you are not satisfied, it will expire after 24hrs (unless outbid) and the auction will end
The Result
So the auction will end 1 of 4 ways;

Current Bid is accepted within 24hrs of it being placed, property is sold !

Current Bid sits for full 24hrs, at/above reserve, property is sold !

Current Bid sits for full 24hrs, below reserve, property passes in.

No bids are placed within 7 days of bidding commencing, property passes in
Exchange of Contract
ExchangeHouse signs the contract on behalf of both buyer and seller immediately

Buyers $2,000 pre-authority is paid to Agents trust account as the part deposit

Buyer tops up the deposit as required by the contract