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Complete within 56 days
On average, the Private Treaty can take over 100 days to complete whereas auction provides fixed exchange and completion dates of between 28 and 56 days. This means you can plan your move more easily.
Security for you
With an auction, buyers pay a non-refundable Reservation Fee or deposit to secure the property so all parties can move forward with confidence. A Reservation Agreement is also signed by the buyer, committing them to complete the purchase reducing the risk of a fall-through.
No Sale, No Fee, 0% Selling Fee
An attractive 0% selling fee for when you choose to enter your property into Auction. There is an auction pack fee of £445.00 including VAT which is only payable upon completion of the sale.
Optimised Exposure Through Enhanced Marketing
An attractive starting bid increases interest and encourages competitive bidding between prospective buyers, which can help to drive up the final selling price of your property. Our local experts at Bentley Hurst will ensure you receive honest, reliable, transparent advice around price and best route to market. We will also use enhanced marketing on your property which includes 3D professional photography, virtual tours, premium listings and social media boosting.
Guide Price/Reserve Price
Bentley Hurst discuss and agree on a guide price and an undisclosed Reserve Price with you in advance of the auction. A guide price is the amount that the bids will start from and the reserve price is the minimum amount you will accept for your property, providing you with additional security and peace of mind that comes from knowing you are fully in control of the selling price.
Some interesting facts...
The average completion time is 56 days from the point the property is sale agreed. With an auction, the fall-through rate is less than 5%, unlike the Private Treaty which has an average fall-through rate of 30%!
Auction specialists conveyancing company, Medway Law, provide Estate Agents and vendors with the guidance, expertise, and knowledge they’ll need to ensure a smooth legal process from every auction sale... Read More
Are you ready to start auctioning?
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