Auctions - Robert Williams

Our bespoke auctions service, covers the whole of Devon from our central office in Southernhay, Exeter. We market our properties locally, regionally and nationally to ensure they are given the widest possible marketing which enables us to achieve the highest price for our clients. Selling by auction comes with some significant advantages, which can enable properties to be sold quickly and with a guaranteed sale. Below is some more information about our auctions service, which will help you decide if auction is right for you.

Here are some of the advantages of selling by auction...

Marketing is usually for 6 weeks.
Auction sales are fast - Contracts are exchanged in the auction room, or sometimes before so buyers cannot withdraw or renegotiate.
There is certainty - Auctions keep stress to a minimum because the buyer cannot renegotiate or withdraw and nothing is left to chance.
Competitive bidding often results in higher prices being obtained than selling conventionally.
Security - If you need a quick sale, auction provides the security of a tied-in buyer.
The courts hold that a sale by public auction is proof that the best price has been obtained for a property.

Any property can be sold by auction and If you want to sell quickly it is the ideal method of sale.

If you have a home which needs a bit of TLC or some work doing to it, selling at auction prevents the buyer coming back later following a survey and reducing their offer.

Competitive bidding sometimes means that you will achieve more for your home than you otherwise would, or if you want to move quickly and are prepared to take a little bit less to secure a watertight sale, then auction’s for you.

Selling via auction does usually preclude buyers wishing to purchase with a mortgage and therefore the final sale price may be lower that if selling via private treaty.

At Robert Williams we make sure that you, our client, comes first:

You receive a full 6 weeks of marketing which ensures that all interested buyers will have had time to see your property and arrange finance to buy it.
All viewings and negotiations are carried out by our fully trained team.
We recognise that our primary duty is to you, the seller and that we must do everything we can to obtain the best price for you.
We ensure that your property receives full marketing through the property portals, our own website, social media and our auction contacts.

TRADITIONAL AUCTIONS
Usually our recommended method of sale; marketing is typically for six weeks, ending in a public auction where everyone has a chance to bid for your property and the highest bidder has to exchange contracts immediately on the fall of the gavel. Quick, straightforward and transparent.

CONDITIONAL AUCTIONS
There are times when a property will attract people who want to buy but do not have the money available in time for the auction. This may be because their funds are not available for a few more weeks or they have a sale agreed on their own home and have not exchanged contracts on it yet.
In these cases a Conditional Auction can be the answer. The buyer pays a non-returnable deposit which forms part of the purchase price. Unlike some forms of conditional auction, if the buyer does not continue to exchange contracts, then a proportion of his/her deposit is paid to the seller to cover their abortive costs.
We do not charge buyers high reservation fees because these affect the amount they are able to bid for your property.

ONLINE AUCTIONS
All our auctions have online availability. Bids can be made by e-mail, over the ‘phone or by proxy, ensuring that the widest number of people have the opportunity to bid for your most important asset.