With the average property conveyance taking between 16-20 weeks once a buyer is found, the most obvious benefit of selling via auction is the speed your sale can complete. You should allow for the preparation of a legal pack by a conveyancer, which we can assist you with, however once ready we advise a marketing period of 20 days for most sales and then a maximum of the same for an exchange of contracts.

When setting the strategy for your auction sale, it is imperative to set an attractive price to reach and draw the attention of as many potential buyers as possible. By doing so, you will naturally create more enquiries, which should result in more offers. When reaching the widest possible audience, you can be assured that you will therefore obtain the maximum sale price.

There are other benefits sellers should consider such as reduced costs. At Bradleys, we do not charge you a sales commission upon completion, simply a marketing and set up fee upon instruction, and then you know the final sales price is all yours (although you should allow for the conveyancing charges and any charges/borrowings you may have against the property).

Whilst selling property/land there are many factors that will sway a buyer to choose one option over another. The transparency offered with sales through the auction process isn't offered through any other method of selling and as a result many people prefer to both sell and buy through this format. Even disappointed buyers feel less dismayed if they lose out due to the fair and transparent manor of the sale.

The same benefits of selling through auction also apply to reasons why so many people are attracted when purchasing a property this way. Whether it is speed, transparency or the ease of the process, you will find there are always plenty of people seeking to buy through auction.