Selling at Auction
There are several advantages to selling your property through Auction. Property Auctions are transparent, specific and timely. Speed and certainty are what auctions can offer.
Is my land or property suitable for Auction?
All types are suitable for Auction; this includes properties needing modernisation or parcels of land to attract property developers or commercial and mixed-use properties such as retail shops with flats above.
What is a reserve price?
A reserve price is a minimum price you are willing to accept when the property sells at Auction.
How is my property marketed before the Auction?
Like an Estate Agent sale, we will market the property using property details and photos on our website and our digital auction catalogue. Your property will also be visible on Rightmove and Zoopla.
During the marketing period, we will contact you and inform you of any interested buyers and enquiries. At the same time, we will instruct your solicitor to prepare a legal pack containing special conditions of sale, title documents, leases, searches and planning documentation.
How much does it cost to sell my property at Auction?
Once the property is valued, we will agree with you on our terms and conditions of appointment, including entry fees and commission. We charge a fee to cover inspection of the property and marketing. The level of the commission will be dependent on the value of the property.
What do I need to supply in terms of documentation?
As part of the Anti-Money Laundering regulations, we require proof of identity