Benefits of Buying & Selling Property at a Peter Heron Auction

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Benefits Of Auction

Benefits Of Selling

Commission to pay on sale of your property

Through The Modern Method of Auction, the buyer pays a non-refundable reservation fee once their offer is accepted. This fee covers our costs and gives you peace of mind that they are serious about buying your home.

Non-refundable reservation fee

Once the auction is closed, the buyer will pay a non-refundable fee to reserve your property for purchase. The amount is calculated against the final selling price and assures you that they buyer is in a position to proceed.

Unique pricing strategy for maximum return

We can guarantee to get you the best price in the current market. Our unique pricing strategy creates high levels of interest which in turn can create more offers and a higher final sale price.

Fixed timescales

When selling a property through traditional methods there are no guarantees that things will go to plan. Chains can cause delays or cause a sale to breakdown or buyers can pull out at a late stage. When selling at auction you have a known fixed timescale for exchange and completion giving you added peace of mind.

If you are interested in speaking to one of our property auction advisors you can call into our City Centre or Fulwell branch or call 0191 510 3323

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Benefits Of Buying

Purchase at realistic market value

Properties listed on the auction site are priced to sell in the current market and are often empty with no chain.

Flexibility to bid anytime, anywhere

As the auction is on-line you can view and bid on a property at anytime, 24 hours a day.

Fixed timescales

When buying a property through traditional methods there are no guarantees that things will go to plan. Chains can cause delays or cause a sale to breakdown. When buying at auction you have a known fixed timescale for exchange and completion giving you added peace of mind.

More time to complete

When the auction closes the winning bidder has 28 days to exchange contracts and a further 28 days to complete the purchase giving the buyer more time to organise finance or a mortgage.

If you are interested in speaking to one of our property auction advisors you can call into our City Centre or Fulwell branch or call 0191 510 3323.