Property Auctions
Auctions have become more popular for a range of people who want additional security and speed in their property sale.
Our Auction Specialists can help you decide which method best suits your circumstances.
All auction properties need an Auction Pack, they are a legal requirement. They contain information a buyer needs to make an informed decision on your property before placing a bid.
To encourage as much interest as possible, your experienced Auction Specialist will discuss a pricing strategy for your property with you. This will include a Reserve Price, the minimum price you’re willing to accept for your property’s sale and a Starting Price. These are designed to help drive interest and keep you in control.
Depending on the method of auction you’ve chosen, the buyer will have either 28 or 56 days* from receipt of a draft contract to complete the purchase. The buyer will pay a Reservation Fee to reserve the property, so they’re fully committed to the purchase.
If you are interested in buying or selling via auction please contact our office on 0191 2578484.
