Questions you should always ask a property auctioneer when selling your Carshalton home
Some homeowners like the idea of using a property auction to sell their house or flat in Carshalton, because it provides them some certainty that their home will sell. That’s because a winning bid on your property is a legally enforceable agreement to purchase it.
And if several people are strongly interested in your home, this might prompt competitive bidding where they keep trying to outbid each other, driving up the final sale price of your home.
Should you wish to try selling your home at auction, you should ask some or all of the following questions (and more) to the auctioneer in order to save yourself money and address any other issues.
Auction houses always charge fees for selling a home, so you’ll want to know upfront how much their commission will be, as you’ll have to subtract this from your final sale profit. However, you might be able to get the auctioneer to pass your fees on to the buyer of your home.
You should query the auctioneer on their success rate will selling homes, particularly your type of property. Their results should give you a good understanding of whether you are likely to sell your home at the auction at a price that will be within your acceptable final sale value.
Another crucial question because if the auctioneer doesn’t have a solid strategy for marketing the listing for your home, buyers won’t find out about it. You need an auctioneer who knows how to advertise your property and generate interest in it to ensure a competitive auction.