Auction advice


Next Auction!

Our next auction will be held on Monday  11th December 2017
 

Auction Sales

To view the currently available properties for the auction please click here. The brochure for the April auction will be made available from here once the entries have been finalised.

We are now taking entries for our December auction to be held on Monday 11th December 2017 at 6PM.
 

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.

 

Examples of Properties sold at Auction

Take a look at some of our recent auction property 

Expand Your Marketing

Why limit the exposure your property is given? Comprehensive marketing is the key! With an unrivalled selection of partner agents, coverage is provided by over 50 residential estate agency branches across the region. We are able to offer dynamic and extensive promotion.

Without Comprising the Selling Price

Its fast – on acceptance of an offer, the buyer agrees to a timescale, giving you the peace of mind of an agreed exchange date.

Control

You are in complete control, you set a reserve price and the property cannot be sold for a penny below.

Security

The successful buyer places a non-returnable financial deposit which is subject to an agreed timescale for completion.

Auction Services

We provide a full range of services to help sell your property at auction

  • 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.
     

Any type of property can be sold at auction

The following are particularly suited to this type of sale:

  • Property Requiring Renovation.
  • Rare Or Unusual Homes.
  • Commercial And Residential Investments.
  • Vendors Requiring A Reliable And Speedy Sale Process.
     

Two Options

We offer two types of auction entry

  • Option 1 – This is the traditional auction where on the fall of the gavel the buyer pays a 10% deposit (subject to a minimum of £3000) and exchanges contracts immediately. The buyer is legally bound to purchase and you as a seller are legally bound to sell. Completion is within 28 days. No ifs or buts.
     
  • Option 2 – This is designed to appeal to the private residential market where on the fall of the gavel the buyer places a £3000 non refundable deposit with the Agents Property Auction and agrees to exchange contracts within 28 days with a further 14 days allowed for completion.