Information for Sellers

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, 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 practice, 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.

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

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