Auction Properties - Houses, Flats and Bugalows for Sale at Auction.
Our next auction will be held on 16 August 2010.
Click here to download Augusts Catalogue
We are now taking entries for our September auction to be held on Monday 17th September 2010 at 7PM.
Location:
Newcastle Marriott, Gosforth Park, Newcastle Upon Tyne
email mike.poole@michaelpoole.co.uk if you have a property you would like to enter into the auction or CALL 01642 254 222 for further details
We give our vendors 2 options
Option 1 - is a traditional auction service where the property is definitely sold on the fall of a hammer.
Option 2 - is a conditional auction service where the buyer has 28 days in which to exchange contracts
Please ask us for further details in order to decide which option is the best one for the sale of your property by Michael Poole.
Our Services include
- Full colour catalogue with wide distribution list.
- Colour advertising throughout the Tees Valley.
- Press advertising.
- Extensive buyer and investor database.
- Premier auction venues able to accommodate hundreds of buyers.
- Experienced auctioneer.
- Dedicated Auction administration team.
Why Auction ?
In recent years, the Auctions market has strengthened its position as a viable route for the disposal and acquisition of property. Some of the advantages are discussed below.
Selling Price
Selling by auction is the best way to ensure that properties are bought and sold at prices which are fair and reflect their market value as the process provides completion between buyers.
Timescale
Sale by auction provides legally binding fixed timescale for exchange of contracts and payment. In Option 1 the fall of the hammer indicates exchange of contracts and the purchaser has 28 days after the fall of the hammer to exchange contracts
Control
The Vendor keeps control of the sale by the use of special conditions of auction and the reserve price. In Option 1 nothing is left to chance after the fall of the hammer.
Serious Buyers
Auctions attract serious buyers and property professionals. A commitment is made in both Options 1 and 2 that a casual buyer would be unlikely to make. In both cases a financial payment has to be made after the auction.
WE REQUIRE FOR FUTURE AUCTIONS
- PROPERTY REQUIRING RENOVATION
- RARE OR UNUSUAL HOMES
- COMMERCIAL AND RESIDENTIAL INVESTMENTS
- VENDORS REQUIRING A RELIABLE AND SPEEDY SALE PROCESS
