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Auction or not? That is the question

You may believe that only problem properties are sold at auction, but this is simply not true. Auction can work for a wide range of properties. So, will your property fit the bill?

  • Residential – failed to sell
  • Unique or unusual
  • Requiring modernisation
  • Probate sales
  • Land, with or without planning
  • Unfinished developments
  • With structural issues
  • Garage blocks
  • Commercial and industrial

Local expertise national coverage

We advertise your property online in the usual way. With our award winning partners, Network Auctions and their database of thousands of buyers, you have access to the largest market possible, with regular sales held throughout the year at the Grosvenor House Hotel in London.


Check out the current auction catalogue!

Let us achieve a premium price for you at our London property auction held at The Grosvenor House Hotel.


5 Benefits of Selling by Auction

Speed

Exchange – 10% deposit on fall of gavel – completion – 20 working days

Certainty

No chains, no protracted negotiations and no falling through

Efficiency

Block viewings and serious buyers with cash or finance in place

Transparency

All interested parties have an opportunity to compete and bid

Competition

Works to the seller’s advantage and can achieve best price


Online auction

As well as traditional auction, we have an exclusive online auction otherwise known as Network-E and this is how it works:


  • Property promoted for 3 weeks to get interest
  • Buyers wishing to bid must pay an admin fee
  • Auction closes
  • Buyer gets exclusivity for 4-6 weeks to:
  • Arrange finance/surveys prior to exchange
  • Non-refundable Reservation Deposit is paid of:
  • 1% or a minimum £3,500 of purchase price
  • You have a serious and committed buyer

8 Benefits of online auction

Achieve the

best price

for your property and sell
to an approved buyer
Competition between determined builders can produce

exceptional
results

Eliminates

the delays and
renovation associated with
private trusty sales
Set the

TIMESCALE

of your sale

All buyers

can take part
with mortgage or
associated sales
Seller is in

CONTROL

not the buyer?

Cash

if buyers
withdraws

More

viewings

Case studies - key takeaways

5

AVERAGE
BIDDERS
PER
PROPERTY

32

AVERAGE
BIDS PER
PROPERTY
AVERAGE SALE PRICE

15%

OVER QUOTED
GUIDE PRICE

Want to see your property listed in our next Auction?

Fill in the form to arrange a FREE no obligation appraisal of your auction property

Ready to sell? – Give us a call today and we can answer any of your questions


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