Selling property at an Auction can be a very effective and efficient way to achieve the best price through competitive bidding. It is also a transparent and fair way to sell and extends a fair opportunity to all perspective buyers to bid for the property encouraging competition and instant decision making often driving a higher sale price. 

 

Completion times are much shorter, normally 21 to 28 or 56 days for traditional auctions and therefore the process can be faster than a normal private sale. Potential buyers tend to be investors or developers and often have a mortgage in place or cash funds available. 

 

Public auction is a highly efficient, swift and transparent method of sale that is especially suitable for the types of property that are: