Our experienced team of Valuers & Auctioneers can offer vendors a complete auction service. We can provide no obligation FREE Auction Valuation & Fee Quote for vendors who may consider auctioning property. This is known as an 'Auction Appraisal' which will detail the current market demand and likely auction selling price for which a property may achieve at one of our live auction events. Vendors can then decide whether or not they wish to enter their property into a forthcoming auction. The appraisal will also include a quotation for marketing fees & auctioneers commission.
If you are happy with your auction appraisal and decide to enter your property into our forthcoming auction we will send you correspondence by email or post (or you can come to our sales office) which you must return stating your agreement to our terms of sale. We will also require a verification of your identity and your solicitors details at this time. If you currently have a contract with another marketing agent you can either wait until the marketing period expires or we can contact the agent on your behalf and auction the property as a joint agent.
You will be required to contact your solicitor and let them know that you have instructed us to auction your property. We will then forward the templates for the auction legal pack to your solicitor and they will prepare your pack and post this to us prior to the auction date.
Your property is added to our professionally designed auction catalogue and marketed to our extensive invester base across the UK by direct email, post, property webites (including rightmove.co.uk), direct buyer txt messaging & traditional paper based & media advertising. We will organise and hold a series of open guided viewings for buyers running up to the auction date. If you prefer we can hold one off guided viewings at a convenient time to suit both buyer & seller.
All vendors are invited to attend the auction event however it is not mandatory if you are unable to attend for any reason. If you have set a reserve price for your property and the bidding reaches or exceeds this amount then the auctioneer will sign the auction agreement by hitting the Gavel (hammer). If the bidding does not reach your reserve price then the auctioneer may hold the highest bid for you and declare a provisional bid. You can then decide whether you wish to accept this offer to which the buyer is bound.
If an auction sale is agreed we will secure a 10% deposit from the buyer which is forwarded onto your solicitor less our agreed sales commission prior to the competion date. The buyer will pay the 90% balance through their solicitor on or prior to 28 days (4 weeks) from the auction date.
FREE Auction Valuation & Fee Quote
To request a FREE no obligation auction valuation and fee quote for you property...Click Here