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Good reasons to sell through Auction
Valuation
• We will provide a valuation for selling your property or land without a charge or obligation.
Speed
• From Instruction to Exchange of contracts the auction process can take as little as six weeks. The
date of the auction is known from the start and the completion is normally 28 days after exchange.
No fall through
• Once a hammer comes down at auction the exchange of contracts has taken place and the buyer is
legally committed to complete the sale at this price.
High success rate
• Property auctions can attract a large number of buyers of both local and national interest; in 2010
over 86% of our clients were successful.
Bidding
• The auction department will generate interest from as many prospective buyers as possible to create
an atmosphere in the auction room which will encourage people to bid and therefore achieve competitive prices. Any offers received prior to the auction will be passed to the seller and the auction department will always provide advice on whether to accept the offer but the final decision will always be with the seller.
Reserve price
• This is the realistic minimum price that the property can be sold for in Auction. The auction department
will advise the seller where to set the reserve price and this figure is confidential between the seller and the auctioneer. This gives the seller complete peace of mind that the property will be sold at the agreed price
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