Covering the South Coast & Dorset for our clients

POOLE WEATHER

Benefits of Traditional Auctions

This is the method of auction you will think of when you hear the word ‘auction’ with exchange happening on the fall of the hammer and completion following within 28 days.

We have taken the outdated method of sale and modernised it by putting the process online allowing people to bid from the comfort of their own homes, taking away the anxiety and pressure that often comes with auction room sales. By putting the process online we are opening the market up to a wider range of buyers who may have otherwise not been able to make it to an auction room.

At the end of the auction the winning bidder will be bound by our terms and the Buyers Premium will be paid.

0% Sales Commission
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0% Sales Commission as our fees are paid by the buyer of the property*

*You will be required to purchase an Auction Legal Pack prior to marketing your property

Proceedable Buyers

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Proceedable Buyers only as bidders need to have funds in place prior to auction and are often cash buyers
Quick Sale
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Quick Sale with a tailored, fixed marketing period to generate interest with exchange taking place immediately after the auction and completion will be within 28 days
Security
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Security as the buyer is legally bound to exchange and they will have made a significant financial commitment upon completion of the auction
Maximise Interest
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Maximise Interest by using a proven marketing strategy to drive competition between potential buyers to push the price up

Simplify the Legal Process

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Simplify the Legal Process as much of the work will be done prior to the auction taking place
Set a Reserve
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Set a Reserve which guarantees the property will not sell below your desired figure

Benefits of the Modern Method of Auction

This works in exactly the same way as the traditional auction whereby the auction takes place online, however the property does not exchange on the fall of the hammer. Instead, the winning bidder agrees to enter into an exclusivity agreement which grants the winner 28 days in which to exchange.

This method of sale opens the auction market up to properties that may not have been suitable for traditional auction as motivated mortgage buyers will have time to raise finance on the property. This means that you are not narrowing your market to predominantly ‘cash buyers’ as with traditional auctions.

At the end of the auction the winning bidder will be bound by our terms and the Buyers Premium will be paid

0% Sales Commission
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0% Sales Commission as our fees are paid by the buyer upon them winning the auction*

*You will be required to purchase an Auction Legal Pack prior to marketing your property

Mortgage Buyers

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Mortgage Buyers are also able to bid on your property as they have sufficient time to arrange finance which opens up your potential market
Quick Sale
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Quick Sale with a tailored, fixed marketing period to generate interest, the winning bidder has 28 days to exchange following the completion of the auction – if they fail to do so you are free to remarket the property
Security
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Security as the buyer will have made a significant financial commitment upon completion of the auction by way of the Reservation Fees
Maximise Interest
Read More
Maximise Interest by using a proven marketing strategy to drive competition between potential buyers to push the price up

Simplify the Legal Process

Read More
Simplify the Legal Process as much of the work will be done prior to the auction taking place
Set a Reserve
Read More
Set a Reserve which guarantees the property will not sell below your desired figure

Success Stories

Cotton Close, Broadstone

Cotton Close was sold via the Traditional method of auction. This provided our vendor with the ultimate security, exchanging on agreement with the completion taking place 27 days later. The property was sold prior to auction, just 3 weeks after listing across the major portals.

Our combined marketing resulted in a number of pre-auction offers and a happy vendor, accepting an offer above the agreed reserve price.

Success Stories

Romney Court, Portarlington road , Westbourne

Romney Court was sold via the Modern method of auction and provides a perfect example of the scope the auction reaches. The apartment was sold for a vendor based out of area who had previously rented out the property for a number of years. The property was snapped up by an international client looking for a buy-to-let property. Our vendor benefitted from a secure sale with 28 days granted for the buyer to reach an exchange with up to 28 days to complete.

Marketing