A GUIDE TO SELLING AT AUCTION

If you're considering selling your home, auction is a great choice for a quick, stress-free sale. Our 9 step guide below will help you understand more about the auction process.

STEP 1: ADVICE

Speak to us and arrange a property valuation. We'll advise on the best route of sale, suggest a guide price and potential reserve.

STEP 2: INSTRUCTION

Once you've confirmed you'd like to proceed, we'll prepare all necessary paperwork and liaise with your solicitor to produce a legal pack and maintain close contact with you throughout the process.

STEP 3: APPROVAL

We'll provide you with property details and marketing materials for your approval. These will then be used for advertising the property across our website, Social media ,the three main property portals and other marketing channels to generate the maximum interest.

STEP 4: MARKETING

We will market your property extensively online and in print, both regionally and across our social network. We will erect a 'For Sale' board and prepare a video tour where appropriate.

STEP 5: VIEWINGS

We typically organise ‘Open House’ viewings at set times. A member of the team will be present to provide information to prospective buyers.

STEP 6: RESERVE PRICE

The reserve price is the minimum amount you would be happy to sell the property for. We will discuss and agree this with you approximately two days before the auction, and this will remain confidential.

STEP 7: PRE-AUCTION OFFERS

Occasionally, you may receive a pre-auction offer. If you accept this offer, it would be subject to the same auction conditions.

STEP 8: AUCTION DAY

If the bidding meets the reserve price on the day, the successful bidder will enter into a legally binding contract, giving you reassurance that the sale is secure.

STEP 9: COMPLETION

After the auction day, your solicitors will handle the remainder of the sales process. Completion will take place within 28 days after exchange (unless agreed prior to auction otherwise).

AUCTION INFORMATION

Useful information about the Auction process.

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Pymm & Co. Lettings Limited registered office in England and Wales: 2 - 4 Ber Street, Norwich, Norfolk, NR1 3EJ. Company Number 6658705

JKH Development Ltd t/a Pymm & Co. Limited registered office in England and Wales: 6 Ber Street, Norwich, Norfolk, NR1 3EJ. Company Number 6589351

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