Whether you are selling a small terraced house or a large thatched cottage with acres of land we always provide high quality marketing for all our auctions properties.
Just because you’re selling by auction doesn’t mean we should change our approach. We know from experience that our auction properties achieve the best prices because the marketing is bespoke and high quality.
This includes professional photography and video, aerial photography and bespoke premium property brochures.
- A Truly Personal Auction Service – Supported by an expert team, Director Nic Chbat will look after your needs from start to finish
- A Quicker Sale -With our Modern Online Auctions service depending on what style of auction you opt for you either exchange contracts when the auction closes or within 20 days of the close of the auction!
- A Secure Sale – With both traditional and conditional auction you sell with peace of mind, knowing you have a financially committed and verified buyer
- No Agency Fees to Pay – With our Modern Conditional Online Auctions there are no selling fees to pay. For our Traditional Online Auctions we charge a fee of just 1.5% + VAT ( Subject to a minimum £3000 + VAT)
Traditional Vs Conditional – Which option is best for you?
Most people don’t realise that there is more than one auction method these days but don’t be put off by the choice. Here is a short explanation of each method.
Traditional online auctions will be more familiar to most and If you’ve watched ‘Homes Under the Hammer’ then you’ve got a pretty good idea of how it all works. With a traditional online auction, exchange occurs online immediately at the end of the specified auction period. This means that the buyer and seller have now entered into a binding contract. The winning buyer now has 28 days to complete the sale. Buyers who use this method are likely to be cash buyers or buyers who have pre-arranged financing. As there is a hard deadline for completion, buyers have a tight timescale to get a mortgage arranged.
Conditional online auctions (also known as the modern method) work slightly different as exchange does not occur immediately at the end of the specified auction period. What happens instead is that a reservation agreement between the buyer and the seller is created. This gives the winning buyer exclusivity for 20 days to exchange upon the property. Buyers will have breathing room to get their finances in order and organise a mortgage for the purchase.
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