Sales commission is the fee charged by the auctions team for successfully selling the property. It is invoiced after exchange of contracts and usually settled by deduction from the deposit paid by the purchaser. The rate of commission is agreed between the seller and auctions team and shown in the Agency Agreement which sets out the fees and terms of business that apply.
The property will be marketed to over 300,000 potential buyers via our bespoke email campaigns and on top of this, our dedicated 26,500 followers on Social Media, nearly 17,000 of these on our auction Twitter alone, will have unlimited access to browse it digitally. We pride ourselves on giving you the best platforms to expose the property to the maximum number of potential buyers, ensuring that the best price is achieved, in a quick time frame and with complete transparency. Of course we are on Rightmove, and auction specialist site, the Essential Information Group, but it is our unique positioning in the auction world as estate agents who started to do auctions that sets us apart.
Reasons to choose auction include the speed and certainty that it offers; there is no faster way to sell and success rates through to completion are far higher than through estate agents. Other attractions are that it delivers a legally binding sale with contracts exchanged on the fall of the hammer, so neither party can pull out of the sale or try to renegotiate the price. The competitive bidding process aims to drive the price up so the property achieves its best possible price on the day too.
If you have a quick look through our current auction catalogue, you’ll notice we sell a property much every type of property, in any condition, anywhere in the UK. From family homes, plots of land, refurbishment projects, shops, hotels, blocks of flats, city centre apartments and more much – you name it, we’ve mostly likely sold it.
Our selling fees can vary depending on the location, condition and value of your property. We recommend that you discuss this with our valuer at the appointment stage.