A PROPERTY SERVICE THAT'S AS SOLID AS IT SOUNDS

A PROPERTY SERVICE THAT'S AS SOLID AS IT SOUNDS

Auctioning a Property

Auction houses can be a great, cost-effective way of selling a property, and it's not just for repossessed properties. Auctions attract all types of buyers, from builders and property developers in search of renovation projects to first time buyers looking for a great deal to get them on the property ladder. So if your property is in need of modernisation or you're looking for a quick sale, selling at auction could be the answer.

Choosing a local agent with a national reach means we can arrange comprehensive dates for viewings, show potential buyers around the properties and answer any questions quickly helping to achieve the best possible result at the auction.

When selling at auction you are completely in control of your home sale. You set a reserve price, if this is not met, your house will not be sold and if there’s no sale, there’s also no fee.

Benefits of selling through an auction

There are several advantages of selling your property at auction. Once the hammer falls, the buyer has to lay down 10% of the property value and pay the remainder of the sale price within a specific time frame.

Setting a reserve price

This is where we come in. Our extensive market knowledge means we can advise on the best and most realistic reserve price to make sure your property sells and achieves its full potential. We offer both a traditional auction service and the new Modern Method of Auction to all our vendors.

Modern Method of Auction

The new Modern Method of Auction allows buyers to bid for a property online. This process means the buyer will pay a non-refundable reservation fee to reserve the property through us, however, there is an extended exchange and completion date up to allow buyers to secure finance, offering greater flexibility in your property search or sale.

A significant amount of properties listed sell on the auction evening so there’s no more waiting around and most sales complete extremely fast which allows you to get moving.

Have a property that you're thinking of selling through Auction? Contact us for a free consultation with Bricks & Mortar on how we can help sell your property at Auction.

Connect with us

Sign up to our newsletter and we'll keep you up to date with
the latest property news and advice

Do your Properties meet Minimum Energy Efficiency Standards? They need to NOW.

The deadline for ensuring properties meet the minimum energy efficiency standards has now arrived. Beyond...

More information

Highlights of the High Life at Newcastle’s Hadrian’s Tower

As the tallest building in Newcastle, Hadrian’s Tower really does offer its residents the high...

More information

Hadrian’s Tower: High Life Living at the Heart of Newcastle’s Regeneration

Hadrian’s Tower is an exceptional investment opportunity for anyone looking to add Newcastle-based properties to...

More information

Buy-to-Let Landlords covered by New Mortgage Holiday Scheme

Buy-to-let landlords and businesses will be pleased to hear that the government’s emergency measures in...

More information