Selling at auction offers transparency, speed, and certainty. Once the hammer falls, contracts are exchanged immediately, reducing the risk of fall-throughs and providing clarity for all parties.
Auction is often chosen where sellers need to demonstrate that the best price has been achieved through open competition, or where time and security of sale are key.
Who Sells at Auction?
We act for a wide range of sellers, including:
Types of Property Commonly Sold at Auction
Auction is particularly suited to properties such as:
The Auction Process
We begin with an appraisal to confirm whether auction is the right route for your property. If suitable, we will advise on pricing and guide you through the entire process.
Indicators such as the number of viewings and legal pack downloads help assess buyer interest. If interest is lower than expected, we will advise whether the reserve price should be adjusted.
Ultimately, the sale price is determined by what the market is willing to pay, auction provides a clear and open platform for this to happen.
Fees & Transparency
Our fees are clear and fully disclosed before instruction.
Examples:
We also charge an entry fee of £300, which is currently FREE if we are instructed.
All fees are confirmed in writing before any agency contract is signed, ensuring full transparency throughout the process.
Supporting You Throughout
We are committed to guiding you through every stage of the auction process, providing honest advice and clear communication from appraisal through to completion.
We wish you every success in selling your property and hope you choose Bid Property Auctions as your auction partner.