Sell My House At Auction

What Is Sell My House At Auction

Sell my house at auction is a service which is aimed at homeowners who are looking to sell their property quickly through auction but are not quite sure where to start or what the process is.

If your interested in following the Selling My House At Auction route then complete and fill in the Fast Response Form on the right hand side. In the comments section please add Sell My House At Auction and one of our advisors will call you back and guide you through the auction process. Our advice and help is totally FREE.

Benefits Of Selling Your House At Auction

Selling your house at auction may be the right option for your depending on what your personal circumstance is. The benefit of selling at auction is that as soon as the hammer falls, the contract between you and the buyer is legal and binding.

A deposit of 10% is required by the buyer on the day and the remaining funds for your property are to be paid over within 28 days. This avoids the usual problems when selling your property through normal channels such as estate agents, and the chance of the buyer failing to complete or deciding to pull out is very small.

Reasons For Selling Your House At Auction

Hera are some of the reasons that you maybe thinking of selling your property at auction:

- Looking for a quick sale
- Property is run down and needs working doing to it
- You have inherited the property
- Relocating to another part of the country or world
- Facing financial hardship
- Divorce
- Redundancy
- Not happy with your current agent
- Fed up with being gazumped or buyers changing their mind

Cost Of Selling Your House At Auction

The cost of selling your house at auction is around 2% of what the house sells for on the day and a listing fee of around £500 which will cover the costs of marketing your property through the auction catalogue.

The auction catalogue is distributed to potential purchasers allowing them to see the details of your property in advance. You will also need to arrange and pay for a solicitor to prepare a legal pack for you prior to the auction date.

Reserve Price & Guide Price Of Your Property At Auction

Before the property can be put into auction a reserve price will need to be decided with the auctioneer. The reserve price is the minimum price that you will accept for the sale of your property at auction. The auctioneer will also need to decide what the guide price of the property should be. Both the reserve price and guide price will need to be set low enough so that it will encourage buyers to attend auction and to also bid and gain a successful sale of your property on the day.

As a rule of thumb auctioneers generally suggest setting the reserve and guide at around 20% below the market value of the house. The market value, reserve and guide price are determined by the auctioneers carrying out extensive research. This research will involve them looking at the history of properties that they have sold and also studying the current open market.

Sell Your House At Auction Now

If your in a situation where you are looking to sell at auction then complete and fill in the Fast Response Form on the right hand side. In the comments section please do add Ssell My House At Auction and one of our advisors will call you back to discuss the auction process. All our advice and help is totally FREE.

Fast Response Form

Full Name
Email
Contact Number
Address Of Property
Property Type
Number Of Bedrooms
Is The Property Leasehold Or Freehold
Condition of Property
What Is Your Reason For Selling
How Quickly Are You Looking To Sell
Are You Willing To Accept An Offer 25% Below The Market Value
Comments

Sell My House

If you are looking for a reputable site where you can list your home for sale without any of the hassles you may have had in the past, then Sell My House may be just what you are looking for.

Today an increasing number of people tend to go for private sales either in their local newspaper or by putting an ad in the local news agents. The problem with trying to sell your home this way is that you won't have a very wide audience. At a time when the property market is no longer booming, it can be harder for someone to sell a house and get the asking price than it was a couple of years ago.

Many people find that they have their home listed with an estate agent, which can cost them money, and they get very few enquiries or viewings, some get none at all. If you do manage to sell your home through an estate agent, you'll find that many of them take a hefty five percent commission. At a time when house prices are not going up and it is not easy to sell a home, the last thing the vendor wants is to pay out estate agent fees on top of everything else.

Sell My House is a free service, you can list your home with us and it will get much greater market exposure than it would ever have got either in your local newspaper or listed with your local estate agent. We aim to get your home off the market as quickly as possible. We can provide this service free because the amount of good traffic that we get means that we can earn our money in other ways.

When you sign up with Sell My House you will see your property listed along with others in a matter of minutes, and there will be no five percent fee when you manage to make a sale. If you want to sell your house fast at a price that you want then you should get it listed with Sell My House. Listing your property on our website will give you massive exposure; it is what the internet is noted for. This means that you reach a wider range of applicants, some of whom are more likely to pay the asking price than people who found your property listed with the local estate agent.

When you list your home with us you can right your own advert and set your own price. We do not charge anyone for listing their home for sale on our website. Listing a property with us is quick, easy and free of charge. Why spend thousands in estate agent's fees when you can get your home listed for nothing, and to a wider audience which means you are more likely to get a solid offer quite quickly. Estate agents charge you a pretty penny in commission fees when very often the only thing that they do with your property is to add it to their ever growing list. Sell My House will not do this, so why not contact us and list your property on our site today?