Tel: 01268 534554
 
 
 
national association of estate agents ombudsman for estate agentsoffice of fair trading
30th   September  2008  14.00
Selling At Auction What makes a good auction lot?

Instructions for inclusion should be received ideally a minimum of 5 weeks before the auction, although special arrangements may be made in certain circumstances to include late lots.

Contact our auction team to discuss your requirements and options.

We will explain the auction process and discuss the setting of guide and reserve prices and all the costs involved.

You will receive a written contract setting out the terms and conditions of business and once signed we will contact your solicitor regarding the legal packs. Please make sure you discuss with them any costs involved.

A catalogue of all the lots will be produced and will be available both online and in hard copy. Any offers received prior to auction will be forwarded to you and any adjustments to guide or reserve prices will be discussed. You are free to attend the auction if you wish.

What Makes A Good Auction Lot

Any land with or without planning permission.

Property requiring renovation or remedial work.

Leasehold properties with low leases or inactive free
holders.

Houses suitable for conversion.

A buyer is legally bound to purchase once the gavel as gone down. Those sellers requiring immediate sale because of relocation, moving abroad, or repossession may find this a preferable way of selling. Please note guide prices and reserves must be realistic to obtain a successful sale.

Commercial investments, factories, shops or offices.

To find out if your property or investment is suitable for auction contact our Auction Department on 01268 534554 for your free no obligation appraisal

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