Why auction your property

The auctioneers will also market the property in their catalogue or on their website which will give potential buyers advance notice of the forthcoming sale. Disadvantages Selling at auction can deter some buyers because of the competitive nature of the bidding process — not everyone enjoys that scenario. Potential bidders must register to attend an auction and this may also put potential purchasers off. There is no guarantee that your property will reach its reserve price or sell at all.

As soon as the gavel falls, contracts are exchanged. All of the due diligence will have been completed by the buyer prior to this date.

It means sellers can rest assured that the sale will not collapse. Comprehensive and extensive marketing of a property takes place in the days and weeks leading up to an auction, reaching as many potential buyers as possible. Our buyers are looking for a property they can add value to, and therefore those properties which need renovation and refurbishment works often peak their interest the most.

We will carry out the group viewings for you with one of our accompanied viewers. You do not need to be available for these viewings and you do not need to worry about tidying the house every few days for the next visitor. It can be much cheaper to sell by auction than with an estate agency. The only other cost you are required to pay is your legal fees to your solicitor directly; something you would be required to do with any type of property sale.

At the point of instruction you will agree a guide price, at which we will market your property, and a reserve price, which is the minimum price for which we will sell your property. This is your security as a seller and it means that you will not achieve less than you need to for your sale.

The auction process is a secure one, with contracts exchanged or a reservation agreement made, upon the acceptance of an offer. To request a free no obligation property appraisal click here.

Read more. To book a viewing simply complete the form below. The property is available to view on the following dates:. When you have read the below sections, the Submit button will appear at the bottom of the form for you to complete your entry.

SDL Property Auctions only collects basic personal data about you which does not include any special types of information or location-based information. For more information on which businesses form part of SDL Group, please visit our website: sdlgroup.

We may share your personal data within the Group in order to be able to provide you with information about related services we offer that may be of interest to you.

We process your data in this way on the basis of our legitimate interests in providing the best possible customer service and support and promoting our range of services. Having actively expressed your interest in our services, we would like to make you aware of directly related services that we offer that you may also be interested in.

You have the right to object to processing of your personal data at any time. To do this, please contact dataprotection sdlauctions.

We will store your data for six years, after which it will be securely destroyed. If you would no longer like us to process your data at any time, you have the right to object to processing of your data. Please contact dataprotection sdlauctions. You have the right to object to the processing of your data. You also have the right to request access to your data at any time.

If you wish to raise a complaint on how we have handled your personal data, you can contact us to have the matter investigated at dataprotection sdlauctions. My Favourites. Call enquiries sdlauctions. Register to bid in our upcoming National Property Auction here. Do Spend time considering which auctioneer to use There are lots of auctioneers around, some of which are dedicated auction houses and some of which are auction departments within an estate agent.

Get a free auction appraisal You may not have yet considered an auction sale. Let the auctioneer do the work for you Once you have instructed us to sell your property, you can then relax and let us take the strain. Enjoy the security Not only can you feel secure in the knowledge that once the gavel falls on the successful bid, the buyer is committed and cannot pull out of the sale, you can also relax knowing that only a few weeks later you will receive the money in your bank.

Worry about viewings We will carry out the group viewings for you with one of our accompanied viewers. Worry about fall throughs The auction process is a secure one, with contracts exchanged or a reservation agreement made, upon the acceptance of an offer.

Auction Advice. A step by step guide to carrying out a telephone bid Read more. You can decide on the completion date that suits you best in advance of the auction. Please discuss this with your Solicitor in advance of the legal pack being prepared.

It is a legal requirement that we see 2 forms of identification and undertake an AML check for all sellers and buyers. The AML check will leave a soft footprint on your credit report but it should not affect your credit rating. Browse our FAQs for help on selling property by auction.

What is a remote bidding Auction? What is an online Auction? Can you still undertake viewings? What types of properties are suitable for auction?

Can I sell a property which is un-mortgageable? How long does the auction process take? What is a guide price? What is a reserve price? How long do you market each property for? Do I need to instruct a solicitor to prepare the legal pack in advance?

Can I consider pre-auction offers? Do I have to accept the highest bid?