Combining the best attributes of Estate Agency and Auction Marketing – Both residential and commercial.
Grosvenor Billinghurst has joined together with Auction house and now offers you the opportunity to sell your property at auction. Best price certain sale programme combines a pro active estate agency service with an associated auction marketing process. Together, they are designed to deliver the best price within an agreed time frame either through private treaty negotiation or auction room. Selling via private treaty through Grosvenor Billinghurst should enable the property to be marketed to the widest local audience, but market conditions sometime limit the level of success achieved via this route, and the fail-safe option of auction would guarantee a result.
Suitable Properties
The programme has been designed for ‘need drive’ sales and is targeted to suit particular types of property.
Repossessed Homes
Lenders are under a legal obligation to obtain ‘the best price reasonably available and to incur only reasonable costs in relation to the sale’. The Best Price Certain Sale programme delivers on this obligation and achieves a definite result every time and in a shorter time than is usual.
Part Exchange Resales
Builders and developers have the same twin objectives as Mortagees in Possession. They want to achieve best price within a tight time frame. Their preference is to locate a purchaser prior to the property becoming vacant, and their goal is to sell quickly to minimize their funding period. Our programme is geared to achieve these requirements.
Liquidation Disposals
Insolvency Practitioners regularly favour the auction sale process and know that the best price is most likely to be achieving locally. Residential property will likely benefit from the combined estate agency and auctioneering programme, whilst commercial . industrial property and land can quickly be shifted through the auction rooms.
Probate properties
Executors have a duty to achieve best price for beneficiaries of the estate that they are administering. The auction route is a popular method of sale where properties have potential for improvement. This programme is aimed at better condition properties where private treaty might generate a higher sale price but speed remains an important consideration.
Programme
Properties are valued for Private Treaty sale with an initial marketing price agreed.
Price reviews are scheduled every four weeks
Properties unsold five weeks ahead of the next auction are assessed for inclusion.
Guide prices are agreed and the property entered into the next auction
An extensive programme of auction advertising and open house viewings is implemented
Catalogue prepared and distributed and a legal pack made available
Auction held four weeks later with legal completion after a further four weeks.
If you would like to know more or you have a property that is suitable for auction then please contact Stuart Cole at our Cobham office on 01932 588 288
