12th November 2019
No fee and a sale secured by Christmas: why homeowners should sell by auction
There’s no fee to sell your home in SDL Auctions Bigwood’s December auction – and you’ll secure a stress-free sale before Christmas, too.
Traditionally considered the domain of investors and developers, auction is growing in popularity with private buyers and sellers who are motivated by the speed and certainty it offers. The beauty of auction is that, once the hammer falls, contracts are exchanged immediately, with completion usually taking place 20 working days later.
Vejay Pal, head of auctions West Midlands at SDL Auctions Bigwood, said: “Auction is the preferred method of sale in other parts of the world but it’s still not always the first choice for homeowners in this country. We are keen to change this so that more people can experience its benefits and enjoy a fast, hassle-free sale.”
He said one myth around auction is that all properties sold are refurbishment projects and was keen to stress that this is not the case at all.
One well presented home which sold at SDL Auctions Bigwood’s most recent auction last month is 48 Barrows Lane in Yardley. The three bedroomed detached house requires a full scheme of modernisation and improvement and sold for £185,000 from a *guide price of £170,000+.
22A Mount Pleasant in Redditch is another home in good condition which sold in the October auction. The spacious two bedroomed mid-terraced property within walking distance of the town centre sold for £88,000 from a guide price of £80,000+.
Vejay added: “Both of these properties – and others sold at the October auction – are ready to move into right away. There are always buyers looking for properties like these as they appeal both to private individuals looking for their next home and landlords who want to get the property onto the rental market as quickly as possible.”
A wide variety of properties – including family homes – are now being entered into the SDL Auctions Bigwood’s next auction on Wednesday 18 December at Villa Park and Vejay is urging private homeowners to see for themselves how straightforward it is to sell in this way.
He said: “Selling your home doesn’t have to be stressful. We’ll guide you along the way, give you a free auction appraisal and there’s no fee to enter your property into our December auction. Plus, all properties sold in the auction will exchange contracts immediately with completion taking place only 20 working days later, so you have nothing to lose by giving auction a try.”
To arrange a free, no-obligation auction appraisal and sell your property for free, click here or call the team on 0121 233 5046.