DIY offers a full auctioneer service to clients. As a method of sale the auction process provides a fair, transparent method of sale. DIY provides professional auctioneers nationwide. There is an additional cost associated with using this service which is dependent on the location of your property.
Selling at Auction
Sense of Urgency; Auctions generate a sense of urgency amongst buyers. This sense of urgency is due to there being a set ‘end date’ for the sale of the property and this compels potential buyers to make a decision on the day. Competition Amongst Buyers; At an auction, competitive bidding amongst potential buyers means that the selling price often exceeds the expected value of the property, maximising the sale price for the seller. Reserve
Price Protection; An auction provides sellers with protection in the form of a reserve price. This means that your property will not sell unless bidding reaches a pre-agreed level. Further, there is no ceiling price, so you have the opportunity to achieve a price well above your expectations especially if there is a competitive crowd. Set Terms; Auctions are suited to situations where the owner wants an unconditional sale (no cooling off at auction) or wishes to set specific terms of sale, such as settlement terms to suit the vendor.
Contact us to discuss the pricing and the benefits of using this service.