Hi, I'm interested in learning why some properties are listed as being available for sale now or auction on a given date. The words "must be sold" are repeated a few times in the particular listing I'm looking at, so I guess the vendor is motivated to sell one way or another There is no price indicated. From a seller's perspective, why would one choose to (or what are the pros and cons to) advertise in this manner vs: List a price (eg. offers above $XX), or List an auction date (and still be open to pre-auction offers without explicitly stating so). From a buyer's perspective, what would be a good way to approach buying such a property? Try to buy before auction, or wait for auction? An example to provide more context if that's necessary/useful - I'm looking at a detached single storey 3/1/1 house in suburban south side of Brisbane. There's nothing particularly stand-out about the house/property itself, and it is fairly comparable to a number of other houses on the same/nearby street. In fact, it is probably the lowest configuration, in so far as there are a few other 3/1/1's but the majority of other houses will have more bedrooms/bathrooms/garages. There are 5 townhouse complexes in the local area, all units being at least 3/2/1. The only fairly recent sales in the area are for townhouses, so for comparison a 3/2/1 double storey (on the same street as the house in question) and a 3/2/2 single storey (a few blocks away) have both sold this year for about $405k.