At Resi.Auction & Probate.Auction we are disruptors to the auction market, not in the sense that we have changed the auction model as it is tried and tested and works. However, we believe that we will disrupt the market by becoming the “go to” place to buy and sell property because of our wealth of knowledge and the added value we can bring to both buyers and sellers.
Our process will take 9 weeks to sell your property from start to finish, which compares to an average of 26 weeks (and in many instances considerably longer) should you use a traditional route of sale.
We use all main online property portals and have a database of over 200,000 buyers from investors to owner occupiers and everyone else in between. This allows the property to be offered to a much more significant and wider market than the traditional estate agency route.
The process allows complete transparency for buyers and sellers and removes the prolonged process of transactions through conventional estate agents impacted by chain buyers, mortgage lenders and/or a complete change of mind from the buyer sometimes at a late stage. It really is 9 weeks with auction versus 26 weeks as a UK average for sale via Estate Agents.
When the hammer falls, the property is sold, more often than not achieving higher prices than local estate agents who have a small database in comparison of potential buyers. New “would be” buyers will come through our portals and enquiry lines and can easily purchase on the day of the auction. We have made that process easier by providing a 3 week viewing period prior to the auction and a 6 week completion, with lenders finally realising that auction buyers are far more commonplace and regular.
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