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Our guide to selling your property by auction

Download our ‘guide to selling your property by auction’ PDF.

Selling your property by auction is fast, simple and easy. In fact, we pride ourselves on our no-fuss approach to selling through this method, and have helped countless sellers secure a price they’re happy with, while avoiding the long waits, uncertainty and stress of going through advertising on the open market.

Of course, while our friendly auctioneers have decades of experience in the auction room, we don’t expect any of the sellers who approach us to be familiar with the ins and outs of the auction process. As such, we’ve put together a comprehensive and easy-to-read guide to selling property by auction in the format of a downloadable PDF to help give potential sellers all the information they need. We hope that it helps you to decide whether or not this route suits your needs and preferences. We walk you through every step of the process, from getting a valuation all the way through to the hammer falling on your sold lot.

If you’re selling your property and considering auction as your preferred method of sale, download our full guide to selling by auction to learn more about the process and find answers to all the most commonly asked questions.

What’s included in our ‘selling by auction’ guide?

Designed to inform those unfamiliar with the process of how to sell a property at auction, our PDF guide covers the following points, all of which we’ve summarised below to help you find the most relevant advice for you at a glance.

Can I sell my property by auction?

Property auctions attract a wide range of sellers, from traditional homeowners looking to move house to investors hoping to make a profit on a development project. This means that we see properties of all shapes and sizes, as well as those in all conditions from pristine to in-development. As such, we can say with confidence that, regardless of how unusual or unique your property is, we’ll be able to help you sell it at auction.

In our guide, we go into detail on the types of properties that sell at auction, as well as the circumstances behind each sale, such as urgency or upward chains. So, if you’re still concerned your property won’t be suitable for this method of sale, read through the full guide to assuage your worries.

What is the process for selling a property by auction?

Whether you’re completely certain that auctions is the right route for you, or you’re still not sure it suits your needs, the first step to take is to get in touch with our auctioneering experts. We can provide advice specific to your situation on all of the steps that go into selling by auction. These include:

  • Get a free property valuation – Our team of experts will provide a free, no-obligation auction appraisal of your property. This isn’t an instant service, as we take the time to research your property and take into consideration everything from condition of the property, location, local sold prices and market conditions to get as accurate an estimate as possible.
  • Price your property – When selling by auction there are two prices to be aware of; the reserve price and the guide price. We will assist you in recommending a suitable reserve price, which will influence what the initial guide price of the property will be listed with.
  • Choose the method of sale – At SDL Property Auctions, we offer a range of selling options to suit your needs. These include Auction Events and Timed Auctions, and properties themselves can be sold as conditional or unconditional. We break down all of these options in our seller guide, and our team is always available to provide you with tailored advice to help you decide which is right for you.
  • Prepare your property – In order to sell your property by auction, you’ll need a solicitor to pull together a complete legal pack. We cover how to do this in our guide, but more information is available on our dedicated guide to auction legal packs.
  • Leave the rest to us – Once your property is added to our auction catalogue you can sit back and relax. We take on the responsibility of advertising your property and getting it in front of the right buyers and, whether you choose to sell by Auction Event or Timed Auction, you can watch along as we conduct the sale.

Sell your property with SDL Property Auctions

At SDL Property Auctions, we’re proud to be market leaders and make every effort to ensure the process of selling your property is kept as simple as possible. We recommend that you read through our full seller guide to familiarise yourself with the process, but we are always available to give personalised advice. Simply call us on 0800 046 5454, send us an email at enquiries@sdlauctions.co.uk, or use our live chat to get in touch.

Selling a property by auction… that was easy.