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.
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