HomeWhy choose stags to sell your property by public auction?
Why choose Stags to sell your property by public auction?
Stags is a firm which offers a bespoke, personal auction service
Stags conduct collective property auctions to ensure your property receives more attention and high visibility to prospective bidders.
Stags offer auction locations to suit the vendor and will choose well known venues that are easy to access by prospective purchasers.
Stags will advise you honestly as to whether your property is best suited to an auction or whether it should be sold by private treaty or tender (which gives the vendor greater control).
Stags have vast experience in auctioning a wide variety of properties, from beach huts to farms. Whatever the type of property you wish to sell, our experienced auctioneers are able to provide a valuation and can recommend the right method of marketing.
A Stags auctioneer is a highly experienced professional who will identify the right properties to go to auction and will advise on the best ways to promote a property.
Stags will focus on a property and will promote it individually through extensive advertising, the internet and through our network of prospective purchasers. In addition we conduct accompanied individual viewings, as well as block viewings, which means your property gets maximum exposure.
Stags will market your property extensively for at least five to seven weeks prior to the auction taking place.
Stags’ network of 21 offices means that our auctioneers can cover the whole of the South West. We conduct auctions consistently all year round throughout the entire region.
Stags list of contacts includes good local solicitors, who we can recommend to carry out legal searches and preparation of contracts, and who can attend an auction to deal with any issues that may arise on the day.
Stags will guide you through the whole auction process from valuation to the actual fall of the hammer. We can provide the reassurance of using a highly experienced firm of auctioneers – you will be in safe hands with Stags.
What are the main benefits of selling at public auction?
Certainty of sale –the fall of the hammer represents an exchange of contracts with the purchaser legally committed to the sale.
Speed of sale – a fixed completion date to suit the vendor is agreed prior to the auction (usually 28 days).
No price re-negotiations – in an auction the property is bought by the highest bidder, there is no room for manoeuvre or last minute haggling.
Set Reserve - Having set a realistic guide price to attract potential bidders, Stags assesses the level of interest just prior to the auction and agrees a reserve that the vendor feels comfortable with. This safeguards the property from being sold under its true value.
Competitive bidding – this generates competition between two or more bidders who vie with each other to become the successful purchaser. This process helps achieve the best price on the day.
The interest generated prior to an auction often results in offers being made in the run up to the auction day. Depending on the level of interest, our auctioneers will advise whether it is better to accept an offer or to take the property to auction.
Flexibility – right up until the day of auction, the vendor has the right to withdraw a property from the sale, amend the lotting or reserve.