A pre-auction offer or the auction hammer falling on the designated lot commits the purchaser to complete the sale within 28 days unless agreed otherwise. This timescale is legal and binding. Our clients are attracted to the promptness of a swift completion of a sale.
No Fall Through
Once the hammer falls your buyer is legally committed to purchase and cannot change their mind without the penalty of losing their deposit.
Competition is good, gathering all potential purchasers together in the same place at the same time creates this, so you can be rest assured the price achieved is the best you could possibly obtain by private treaty.
Once a pre-auction offer is accepted or the hammer falls you have exchanged contracts at the agreed price so there is no re-negotiating to take survey findings into account and no gazundering. (A legal pack is required for all potential purchasers to review prior to committing to purchasing a property).
High Profile Marketing
Properties are marketed both locally and nationally to create the greatest amount of interest. Included in the marketing campaign is regional newspaper advertising, national Internet and website portal advertising such as Rightmove, Zoopla and Onthemarket, an erected ‘Auction For Sale Board’ and property listing within the Town & Country Property Auction brochure and website.