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PRIVATE TREATY VS AUCTION

When you are selling a property, the method of sale you opt for can have a major effect on the speed or price you achieve.

Whilst most vendors choose to market their property via traditional routes (private treaty), there are alternative options that can maximise your sale.

We are able to offer our clients an Auction service which provides:

  • Control over the price - the property is never sold for less than you allow.
  • A timeline which suits you - Your property gets sold faster and the buyer must complete within timescale set (normally 28 days).
  • A committed buyer who pays a non-refundable deposit and/or non-refundable reservation fee. They are financially committed to the purchase at the agreed price once their offer is accepted with an instant exchange of contracts.
  • Complete transparency - The process from start to finish is transparent. All bids on your property are shown in a transparent manner to encourage other buyers to supersede ‘current’ offers thus achieving you the best price.

Often the decision to sell by auction is determined by factors associated with the property or the seller’s circumstances. It is important that your agent can offer different methods of sale depending on your needs in order to achieve the best possible outcome for your sale.

In the meantime, check out our live auction propertiesHERE

Until next time
Thomas

If you would like more information on our Auction Service, please contact me on 020 3418 0580 or email me usingtom@gracechurch-property.co.uk.

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