Stacy Hill (Auction)

Auction Sales Co-ordinator

Contact Email:
Telephone: 0191-5180181

Our Peterlee auction store is going from strength to strength. Properties in all price ranges are selling either via our on-line auction or at one of our live auction events via The Great North Property Auction

The following are the types of property which sell best at auction

In Demand Properties where lots of buyer interest is expected

This type of property is perfect and should achieve the highest price when offered in an auction room environment. Better still, when sold at auction, that price is underpinned by a non refundable buyer deposit reducing the possibility of a sale fall through to virtually zero. Selling such a property via the traditional estate agency route usually ends in buyers making sealed bids, where often the highest price a buyer is ultimately willing to pay is not necessarily achieved. Plus, the successful sealed bid buyer could pull out at any time with virtually no financial penalty

Properties where the owner wants a quick secure sale

If a property is priced correctly for auction, it will attract lots of interest and should then achieve its best price, underpinned by a non refundable buyer deposit and a committment to exchange contracts in 28 days

Properties which require upgrade

This type of property is an ideal auction prospect because they attract much interest, from builders, buy to let buyers and people looking for a project. Most often they are cash buyers and willing to bid the price up to get the property they want. Best of all, the highest bidder pays a non refundable deposit and commits to exchanging contracts in 28 days

If you have one, why not contact me for a chat