Through local partners, we have the ability to sell your property at auction either through the traditional method or modern method of auction.

Selling Property at Auction

Selling your property at auction can often be a quick route to selling your property fast with the added benefit of a quick exchange and completion.

There are many benefits to selling your property at auction including in many cases no commission charges. Instead, the successful purchaser pays a non-refundable buyers reservation fee/deposit and once paid enters a legally binding contract.

Typically, once a figure has been agreed between the vendor and purchaser, the purchaser has 28 days to exchange contracts and a further 28 days to complete the purchase.

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Traditional Property Auctions

Selling your property through traditional property auctioneers is still an option post COVID-19. Traditional property auctions entails using an auctioneer who will have a set date in the calendar year and is typically held at a venue for bidders to attend. The slight downside is that you must wait for the auction date before bidding can take place on the day.

Modern Method of Selling Your Property at Auction

The modern method of selling your property at auction follows the same principle of traditional auctions but is held online without any delays in waiting for the auction day. Therefore once the auction pack is obtained the auction can commence usually for a period of 60 days. However, a sale can be agreed should a suitable offer be made prior to the end of the 60 days.

If you feel property auction is the right way forwards for you or would like to find out more how we can be of assistance, please get in touch with our office on 01274 905678 or contact us.