We can advise on whether the auction route is right for you
At Auction Estates we can advise on whether the auction route is right for you, what price you're likely to achieve and guide you through every stage of the sale process.
We've broken the auction process down into 9 easy stages so you can see at a glance how it works (see below).
Auctions are a very quick and efficient method of selling property. As the majority of legal documents are held on-line, our clients can be kept informed throughout the sales process with an accurate view on how many people are interested and likely to be bidding. This information allows us to discuss with you the interest generated and agree a suitable reserve price ready for the auction.
Whilst the auction process is very effective with a high success rate, we are realistic there will be occasions when the market's view differs from the reserve set. It is often the case that deals are agreed shortly after the auction ﬁnishes, but there is the opportunity to re-enter into a subsequent sale should the property remain unsold.
Benefits to selling at auction
Over four weeks of intensive marketing prior to auction
Certainty of timing and the best possible market price through competitive bidding
Exchange of contracts on the fall of the hammer with completions typically 28 days thereafter
Full Vendor updates of buyer interest and progress throughout the process
National coverage of UK investors and agents
Digital advertising and press coverage in local, regional, national and trade media