- An auction allows the vendor to control the sale of the property and the asking price is not revealed. The vendor sets the terms and conditions of the auction.
- If a market value is difficult to determine, an auction ensures the highest price is achieved.
- Unlike private sales, bidding starts low and increases.
- Buyers compete to buy, ensuring the highest price is paid.
- Market exposure of the property is essential to ensure all buyers are exposed.
- Marketing is time specific. Allow a minimum of three to four weeks to present the property to its best advantage.
- Marketing is carefully planned and the advertising programme costed in advance.
- The sale of the property is unconditional upon the fall of the hammer.
- Roger Burdett is the company's accredited auctioneer. He has a wealth of experience and has conducted many successful auctions.
