Achieving Great Results in the Auction Room ; Knight Frank Partner and Property Auctioneer Will Kerton Examines Why Putting Properties Under the Hammer Is Proving to Be a Popular Method of Selling: Propertyexpert

Birmingham Post › November 25, 2010

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Summary

Auctions are currently enjoying "lots" of success as a way of selling properties, particularly those in rural and village locations.

Knight Frank counts among its triumphs a house in Martley which went for an impressive 39 per cent above its guide price. Properties that achieve the best results at auction are often individual homes and those that are unique in either their nature or position. They often offer great potential because they require improvement This certainly applied to another recent success - the sale of a dilapidated cottage in the west Worcestershire countryside, presenting a unique opportunity for renovation and extension with planning consent to create a three bedroom family home. Having generated considerable pre-sale interest the property was sold for 19 per cent above the auction guide price.

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Achieving Great Results in the Auction Room ; Knight Frank Partner and Property Auctioneer Will Kerton Examines Why Putting Properties Under the Hammer Is Proving to Be a Popular Method of Selling: Propertyexpert

Auctions appeal to buyers because of the interesting properties avail...

See the full content of this document