No fall-throughs
Once the gavel falls, your buyer is legally committed to purchasing and cannot change their mind without the penalty of losing their deposit as well as ongoing legal expenses.
Best price
Competition is good; gathering all potential purchasers together in the same place at the same time creates a sense of urgency and wanting, so you can be rest assured the price achieved is the best you could possibly obtain.
No re-negotiation
Once a pre-auction offer is accepted or by the fall of the gavel, the paperwork is then signed and exchange of contracts will take place at the agreed price, so there is no renegotiating or 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 the following:
- Regional newspaper advertising
- National internet and website portal advertising inc Rightmove and EIG
- An erected ‘Auction For Sale Board’
- Personal property listing within the Connect UK Auctions brochure and website
- Postings to Company social media accounts including Facebook, Twitter, LinkedIn and Instagram
- Individual property mailouts to thousands of active and ready-made buyers
- Maximised exposure, with thousands of potential buyers logging in to watch the auction