3 August, 2022
It has become more noticeable that ‘the modern method of Auction sale’ is being recommended by a number of estate agents, to clients who would normally be selling their homes by private treaty. The attraction of no upfront fee’s is offset by the excessive commission charges paid by the purchaser, which will then be reflected in a lower offer.
Although a deposit is paid on the day, unlike our traditional room auction, there is no immediate exchange of contracts, and the buyers are given longer to get their finances in order.
So, if you have a vacant property, which needs to be sold in a given period, at the best possible price, then the proven Public Auction Sale is definitely the best way forward.
Steve
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