Auctions are a tried and tested way of buying and selling property and we are one of the leading Property Auctioneering firms in South Devon.
If your house is particularly unusual or has the potential for development or improvement, it may sell more effectively at a better price at auction. Both Nick Wood and Richard Copus are Fellows of the National Association of Valuers & Auctioneers (NAVA) and have many years of experience of selling houses by this method.
The main benefit of selling or buying at auction is that the sale is sealed when the gavel comes down. Contracts are exchanged immediately avoiding any fall-throughs or renegotiation.
Auctions are becoming an increasingly popular way to sell and are an integral part of the service provided by Woods. In order to appeal to as wide a market as possible, we are offering two different types of auction.
On the fall of the gavel, the successful bidder pays a 10% deposit and is legally bound to buy the property. Completion is within 28 days. The seller is also legally bound to sell. This type of auction favours cash buyers and investors. We have regular multi-lot auctions throughout the year in addition to regular bespoke single lot auctions.
The successful bidder pays a non-refundable deposit of £3,500 on the fall of the gavel and agrees to complete within a maximum 42 days. Under this scheme, the buyer has the option within 28 days to withdraw.
If you are looking to buy and your home is under offer with exchange of contracts imminently anticipated, this auction is ideal for you as it enables you to bid against cash buyers. For sellers, it opens up the auction to a wider audience and creates a livelier bidding environment.
We Also Offer…
- Bespoke Individual Auctions
- Regular Multi–Lot Auctions in South Devon
- Regular London based Auctions.
Woods Bryce Baker will help you determine which type of auction is best for you and whether Auction is the best method of sale for your property.
If you are considering selling at auction or would like to know more about this effective method of sale, please contact your nearest office and one of our team of two auctioneers who will be pleased to answer all your queries.
SELL YOUR PROPERTY AT AUCTION FOR A FAST AND CERTAIN SALE
If you need to sell your property with absolute certainty for whatever reason, then auctions are a proven option.