Selling
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Heritage Professional Services will advise you if your property is suitable to sell at auction.
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If the auctioneer considers the property suitable, they will discuss the procedure with you. Including likely sale price and reserve price, commission charged by the auctioneer and any other requirements.
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Always obtain a copy of the auctioneer’s terms and read them carefully.
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Instruct a solicitor who will obtain the title deeds and prepare the special conditions of sale required by the auctioneer.
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Close to the date of the sale the auctioneer will discuss any changes that you may want to make to the reserve price or viewing information.
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The vendor has the right to sell prior to auction or alternatively if the reserve price is not met your property may still be sold privately.
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If your property is sold the auctioneer can sign the contract on your behalf and collect the deposit.
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Any accounts from the auctioneer regarding commission and other expense will be sent to your solicitor.
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Consider obtaining a Home Condition Report to encourage ‘Best Bid’ offers. Further supporting a prospective purchasers decision to buy, especially if modernisation or repairs are required.
For more information please call 01275 337990
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