The PROPERTY DOCTORS, Sydney Australia Novak Properties

EP. 1460 – TENDER vs EOI (Expression of Interest)


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The mysterious world of high-end property selling tactics revealed! Ever wondered what those "Expression of Interest" or "Tender" labels really mean when you're browsing multi-million dollar listings? We're pulling back the curtain on these powerful but misunderstood sales methods that dominate the premium property market.

Most homeowners never encounter these specialized approaches, but when property values climb above $3-4 million—particularly for development sites, commercial, and industrial properties—these strategic methods can generate extraordinary results. The difference between EOI and Tender isn't just technical jargon; it represents fundamentally different approaches to extracting maximum value from high-stakes property transactions.

Through revealing case studies, we share how one property owner nearly accepted a direct offer of $10.3 million before our team implemented a structured 10-day tender process that ultimately achieved $12 million—an additional $1.7 million in the seller's pocket. We explore the psychological dynamics that make these methods so effective and why your neighbor is probably the worst potential buyer for your development site, despite what conventional wisdom suggests.

For property owners considering selling premium assets, this episode delivers concrete strategies to maximize your result. And for curious property enthusiasts, you'll gain insider knowledge about how the biggest real estate deals actually happen behind closed doors. Hit subscribe to ensure you never miss our insights into Australia's complex property landscape!

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The PROPERTY DOCTORS, Sydney Australia Novak PropertiesBy Mark Novak, Lisa Novak, Billy Drury, Michael Burgio, Cleo Whithear, Stankovic, Stevan Bubalo, Bidhan Shrestha, Thomas Sims, Jonathan Vescio, Harry Lorcas, Josh Wapshott and guests

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