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Sellers-Advantages of using an Auction 👨‍⚖️

This entry was posted on Thursday, February 23rd, 2023 by Nigel Fitzakerley

Have you ever thought about using an auction to sell rather than the typical sale market? 

Our goal is to get our sellers the best possible return, and in some cases, that means we sell their property through auction. This is especially true if the property is on the lower value end of the market.

In one case this week we sold a property through auction in which we held 6 viewings, had 1133 views, and resulted in the seller earning a huge £6,500 more than the guide price without paying estate agency fees!! – A pretty amazing result for our seller!

Below we have listed the main advantages of using an auction so you can make this assessment yourself and choose the best option for you:

 

✔More exposure; the property is advertised through the auction house as well as our extensive property launch.

✔Sellers don’t pay a fee (The buyer picks this up).

 ✔More potential for a quick sale.

✔Auction houses have an in-house solicitor which is often cheaper for the seller.

✔Completion turn-around is a lot quicker (often between 40 – 60 days in most cases)

✔Completion turn-around is a lot quicker (often between 40 – 60 days in most cases)

 

See Auction Property Review Here

 

If you’re not sure what is best for you or you just want some more information, get in touch; we are more than happy to help.

 

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