Why sell your property by auction?
- Speed of Sale - Auctions attract a large number of buyers, ensuring that more interested parties see your property. This means that you are far more likely to achieve a sale of your property through auction than through the conventional sales market.
- Security of Sale - The successful bidder is required to put down a large deposit immediately. This means that a sale achieved at auction is far less likely to fall through than a traditional sale.
- Reserve Price - The reserve price is set by the vendor and as such the property cannot be sold below this price.
- Quick access to sale proceeds - When a property is sold by auction, completion takes place in 28 days. This means that you receive the sales proceeds much more quickly than you would by using the standard sales process.
- Three chances to sell - The majority of properties sell first time at auction. However, if the reserve price is not achieved, Sell By Auction will provide your representative with details of the highest bid received at auction, so that they can approach the bidder to try to achieve a mutually agreeable sale price. Failing this, Sell By Auction guarantee that the property will be entered into the next auction free of charge.
How can I sell my property by auction?
Register for "Sell by Auction" through Property Matchmaker and the entry fee will be discounted to £300 plus vat. This will entitle you to enter your property to 2 auctions of your choice. No exit fee is applicable unless you have sold. On a successful sale you will benefit from a 2% commission which is extremely competitive.
For further details please contact us directly at: www.sellbyauction.org