If you have property or land you want to sell, an auction may be the best way of achieving this. The increasing popularity of selling a property at auction can be attributed to the numerous advantages trading land and property this way has compared to selling through a traditional estate agent.
Selling at auction gives you access to a cash buying market meaning you will not be held up in the selling process over buyers trying to secure funds from their bank or building society to facilitate the purchase. The process often moves at a much quicker rate than selling through an estate agent, with legals usually completed within days of the auction ending. Furthermore, as buyers are required to pay you a deposit on the day of the auction, not only do you get access to some of the proceeds of your property earlier, but this serious financial commitment required from the buyer reduces the chances of the deal falling through at a later stage.
Eddisons have recently joined forces with Pugh & Co to become the largest commercial auctioneers outside of London. We traditionally host 14 property auctions each year, between key locations in Leeds and Manchester which attract buyers and sellers from all across the country. We run auctions for the sale of both properties and land, whether they are commercial, residential or industrial sites. We are specialists in the auction arena, hosting regular auctions and providing our clients with expert advice and guidance throughout the entire buying and selling process.
If you are considering selling via auction, here are some of the benefits you can take advantage of by selling with us: