At WEST–The Property Consultancy, we have partnered with savvy online auctioneers Whoobid to provide a finessed, easy and transparent way of selling your property. If you need to guarantee a sale by a specific time and/or have a property which you feel may be specifically suited to a sale by auction, we would be delighted to advise you and obviously discuss the process in more detail. Selling at auction is often a daunting thought, but with WEST–The Property Consultancy, we are streamlining the process for you. Selling can indeed be quick and easy and you can watch the auction live from the comfort of your own home, and you can set a reserve so that you do not encounter any surprises. Also as the Seller, you will pay 0% Commission to sell your property, so just a small set-up fee gets the process underway on your behalf. Uniquely, we offer both Traditional and Modern methods of Auction.
Our traditional auctions enable a property to be sold through our online platform in a way that is consistent with auctions you may have come across before: namely that exchange of contracts happens on the fall of the hammer to the winning bid over the reserve price, with completion taking place 28 days later. We have now given this a modern twist by putting the whole process online.
This concept is a little different. The process works in exactly the same way as the traditional auction, however, at the end of the auction, the winning bidder (over the reserve price) enters into an exclusivity agreement wherein they have 28 days to exchange contracts, otherwise they lose their deposit. This approach allows more time for buyers to arrange such things as finance that are often trickier for some buyers within a traditional auction format. For further information please do contact us at any time on 01865 510000 or email us at auction@west-tpc.co.uk
