One of the primary and most essential tasks when selling your property is to obtain an accurate valuation. It is not as simple as settling for the highest valuation. Your agent should have significant knowledge of the local property market to be able to provide an accurate valuation that will ensure that your property will achieve the best possible price in a time frame that is convenient for you.
Choosing the Auctioneer
Research has shown that the majority of people consider factors other than price when choosing an auctioneer. These factors include local reputation and experience, previous success in selling property similar to yours, marketing techniques, membership of regulatory bodies and any professional awards.
Sharpes has over 35 years’ experience in selling property, it is the region’s leading and most experienced traditional auctioneers, specialising in the sale of a wide range of residential and commercial properties. Our experience has taught us that both buyers and sellers really value an auctioneer with in-depth local knowledge, as this ensures they will have an instant understanding of the appeal of your property to buyers both local and national, and will therefore achieve you the best possible price.
Furthermore, using Sharpes to sell your property offers more benefits than simply finding buyers. We can help you to market your property, arrange a legally required Energy Performance Certificate (EPC), accompany viewings if required, conduct negotiations for the sale and facilitate the whole sales process from the fall of hammer to completion.
Setting the Price
It is very important to set the accurate guide price with the auctioneer after valuation and inform him of your reserve. This can enable the auctioneer to get the right price for your property.
Marketing your property
At Sharpes we use the following to advertise our client’s properties:
- Window and wall displays in our branch.
- Direct communication with our registered buyers we think would be interested in your property, bearing in mind your personal timescales and price expectations.
- Catalogues available in branch, at viewings and via post which will contain accurate floor plans, dimensions and professional photography.
- Promotion on the internet on Sharpes’ own website and various property portals such as Rightmove and Zoopla to name a few.
- ‘For Sale by Auction’ boards (traditional ‘for sale’ boards are widely recognised as still one of the most effective ways of selling your property).
- Consistent and noticeable adverts in both local press and national press, when appropriate.
We recommend that if you choose to host the viewing yourself, please remember to emphasise all the good aspects of the property that are not immediately obvious such as good neighbours, south facing gardens and in-built storage. Potential buyers rely on first impressions when viewing a property. Sharpes offer accompanied viewings or you can opt to show interested parties yourself. Please do not hesitate to contact us if you require assistance in maximising the full potential of your property.
Your solicitor can forward us the auction pack to our office for potential buyers to browse through before the auction day.
Sale/exchange of contracts
In the event that you are happy to accept an offer before the auction, we can exchange contracts upon receipt of a 10% deposit from buyers, otherwise your property is taken to the auction room and sold to the highest bidder subject to your reserve requirements.
Completion and moving in
Your completion is achieved within four weeks of exchange of contracts. The purchase monies are transferred on the day of completion and the buyer will receive the keys to their property. Don’t forget to take final meter readings and inform the Post Office to redirect your post.