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Auctions

Looking to sell quickly?

Property Auctions

As your Local Property Professionals, we understand that the traditional route of selling via private treaty may not achieve the best result in some circumstances.

If you’re looking to sell a house quickly or want the certainty that a buyer won’t bail on you, then auctions are an excellent way to go. Once the hammer falls, the buyer must put down a 10% deposit and exchange immediately.

Should we feel your circumstance, or your property could benefit from selling via auction, we will be sure to talk you through all your options during our free property consultation.

 

We always recommend a free initial appointment with our partners over at MORTGAGE ADVICE BUREAU FORM LINK so they can help you calculate the costs involved in buying your dream home.

Once you have an idea of what you may be able to afford it’s time to start looking for a house to buy. Registering with The Agency UK, means you’ll be the first to hear about properties coming to the market before anybody else and we will also be on hand to give you top tips for the local area; everything from schools to restaurants to walks with the dog, as all of our agents, live and work locally!

Gone are the days of auctions only being for run-down properties – we’re able to sell all types, including residential, investment, commercial, or land opportunities, whether they’re vacant or tenanted.

However, if you have an unusual or run-down property, you may find it hard to advertise to conventional buyers. Still, auctions attended by expert buyers or people looking for a project will know enough about the market to understand the value of your property.

Needing to sell quickly – perhaps you’re moving out of the area, or you need the money urgently – then an auction may also be for you. If there is enough interest and you’ve set a realistic price, your property should be sold by the end of the auction.

We know that everyone’s circumstances are different, so you can choose the auction method that works best for you. A Timed Auction can start at any time and can run for as long as you require. Or you can opt for one of our Auction Events, which are live-streamed every month and reach a national audience.

Selling by auction gives you the option to sell for a 0% sales fee*, meaning you get to keep all your sales proceeds.
Your buyer will either pay a non-refundable reservation fee to secure their purchase or a 10% deposit and exchange contracts immediately. You then have the peace of mind that your buyer is committed.
With auctions, you agree on the minimum amount you wish to sell for. You have complete control over the sale – your property will never sell for less than your reserve price, regardless of the auction method you choose.
Once we have agreed on a reserve price, we will market the property with the guide price, a figure set within 10% of the reserve price. This will help to maximise interest in the property, creating a competitive auction bidding environment and helping you achieve the best possible price by the time the auction ends.
We will market your property in all the usual ways, including putting up a ‘for sale’ board outside your property as well as a listing on Rightmove, Zoopla, Boomin, and on our website. We’ll also promote your property to our list of thousands of active buyers nationwide.

To learn more about the Auction process, simply fill out your contact details here and we will be in touch.

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