3 Reasons To Sell Your House at Auction

3 Reasons To Sell Your House at Auction

Selling your house at an auction is something most of us wouldn’t consider. In fact, we might actively avoid it. 

We probably have visions of standing in a dusty auction room, watching paddles lift up in the air and your house go under the hammer for a lot less than you think it’s worth. 

Well, selling your house at an auction might benefit you more in time and money than selling your home through more traditional methods. 

Here are 3 reasons to consider selling your house at an auction.

Sell Your Home Faster Without Sacrificing the Price

On average, the entire selling process is completed within 56 days of the auction ending. But you don’t need to sacrifice your home’s price or value in order to sell your home through an auction quickly.

You are in control during the whole process, from setting an undisclosed Reserve Price (the price your property will not sell for any less than) to deciding whether to accept the highest bid. 

We will consult with you throughout the entire process to ensure both parties walk away from the sale confident and comfortable with what has been agreed.

Only 4% of Auction Sales Fall Through

On average, 35% of UK estate agent sales fall through. Selling through an auction is proven to be more secure and reliable, with only 4% of sales falling through after they have gone under the hammer. 

In modern methods, the buyer has to pay a Reservation Fee/Deposit that secures the sale. The buyer and seller are then given 56 days to exchange contracts and complete the sale. In traditional auction methods, contracts are exchanged immediately

So you can move forward with confidence and reassurance.

Pay No Estate Agent Fees

When you choose our Quick Sale Service, you pay no estate agent fees and keep 100% of the selling price.

You can download our Seller's Guide and our Buyer's Guide for more information about the auction process.

Or get in touch with our one of our experienced professionals today who will happily answer all of your questions about selling at an action.

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Elvet Estates was founded in 2014 by the directors of the multi-award winning student housing provider, Bill Free Homes.

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