Property Auctions

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View our forthcoming sales in our auction calendar

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We hold collective property auctions five times a year at our salerooms in Beccles and we also offer a bespoke property auction package for individual properties on site requiring a unique marketing and sale strategy.

Durrants can offer expertise, proven success and invaluable knowledge of the local property market, putting you in safe hands throughout auction process of your land or property.

Durrants’ longstanding reputation as property agents and auction specialists in both Norfolk and Suffolk means we can deliver unrivalled expertise, service and advise for the sale of your property by auction.

Can we help you make your next move?

Selling property at auction

The auction process is transparent, cost effective, and depending on the property may well be the best way to achieve the maximum price.

Our dedicated team of estate agents and auctioneers are experienced in the sale of a wide variety of property in the form of residential, agricultural, commercial, mixed use and land and development sites.

We aim to generate interest from two or more prospective buyers which encourages competitive bidding in the auction room on the day. Sometimes buyers can be so keen to acquire a property that they make an exceptional offer pre-auction. If we believe that such an offer is unlikely to be reached or surpassed we may recommend acceptance under auction conditions, with the condition that contracts must exchange before the advertised date of sale.

Property sale prices are often exceeded at auction, and this is regularly ahead of the price which may have been achieved by a Private Treaty sale. Achieving this “Best Price” is particularly important for Probate properties where Executors may be subject to scrutiny by Beneficiaries.

It is a common misconception that National/Regional firms of auctioneers will achieve higher results at a sale than local firms. In practise, local knowledge of the market results in better targeting of mailouts and advertising to reach the most bidders, which results in better prices being achieved for our clients.


The benefits of selling property at auction

Speed
There is no faster way of selling your property. From only 4 weeks from instructing Durrants your property could have exchanged contracts on sale day, resulting in banking the sale proceeds within 8 weeks from putting your property on the market.

Success Rate
By placing your property for auction with Durrants, you too could benefit from one of the highest success rates in the country. If certainty of sale is important to you, then you should seriously consider sale by auction.

Style
How do we achieve such great results? Our high-profile marketing style is extremely effective, with regular adverts going to a wide range of local press and targeted mailing out of categories to regional and national buyers. We also use a wide range of websites to advertise our auction properties including but not limited to Rightmove.co.uk, Primelocation.com, Zoopla.co.uk.

Viewings are done entirely by us, and are either arranged in blocks to accommodate multiple viewers or are done on an individual basis – it is entirely dependent on the type and requirements of the property.

Certainty of Sale
With an auction sale, contracts are exchanged upon the fall of the hammer. No re-negotiation on price. All the legal issues are dealt with pre-sale, unlike Private Treaty sales where buyers may try to reduce their offers to take account of survey findings. Completion is within 28 days of the auction, therefore if there is a need to dispose of a property within a certain time frame auction could well be the best route to choose.

To find out more about our auctions or for a free valuation please contact our dedicated team on 01502 470427 or email propertyauctions@durrants.com.