You can secure a sale in as little as 21 to 28 days of marketing. It is the fastest way to achieve a committed buyer and a fixed completion date. Alternatively, you can sell ‘Off Market’ as we have access to a vast number of investors who will purchase the property at speed, such properties are typically below market value.
I have heard that there are two auction methods, one called ‘traditional’ and the other is ‘modern method’; what is the difference?
- Traditional: Exchange of contracts happens the moment the hammer falls, with a 10% deposit and completion is usually within 28 days.
- Modern Method: The buyer pays a reservation fee to secure the property and has a longer period (usually 56 days) to exchange and complete, making it more accessible to mortgage buyers.
