Our experience is backed up by the expertise and reach of the Savills national network. The company’s specialist departments, market research and established reputation all add up to an unrivalled service for clients looking to sell their property at auction.
Advantages of selling at auction
Transparency
The open competition of the auction room provides a transparency of sale not available through private treaty methods, ensuring that your property is sold to the person willing to pay the most on the day.
Certainty
An auction contract is unconditional. Once the hammer falls in the room the buyer immediately puts down a 10% non-refundable deposit and contracts are exchanged.
Competition
With more than one person bidding on your property, the competitive environment has the potential to push up the final sale price of your property substantially.
Time
Auction contracts work to specific timeframes, meaning the completion date where you will receive the full amount from the sale is fixed, which is unlike a traditional sale.