Sell your home or land at auction with Connect UK for speed, security and a price you’ll be delighted with

Or it’s in such disrepair only someone that has either deep pockets or knows what they’re doing, is a potential buyer, right? Homes under the Hammer-style?

Now, this may have been the case years and years ago, but we’re in the 21st century, so let’s get with the times.

Did you know, on average, 1 out of every 3 private treaty sales fall through? With over a million houses selling every year in the UK, that’s 333,000 that will fall through at least once!

And let’s be honest, anyone who is a homeowner knows the stress of the journey.

So why do people sell at auction? Well the obvious answer is speed.

If the property or land isn’t bought before auction day and sells in the room, contracts are exchanged upon the fall of the gavel.

Completion is then 28 days after. However, what many don’t know is that completion can be set at 42 days (6 weeks) from exchange or, in fact, anywhere in between.

As long as all parties are notified, your timeframe, as the seller, is paramount.

Okay, so speed is a great motivator but what else?

Security – when that gavel falls the lot is sold and contacts are legally binding between the buyer and seller.

Imagine a sale with no possible fall-throughs, gazumping or gazundering.

Neither party can pull out. This method of sale eliminates any long negotiation processes and chains.

Sounds good, right?

The final and probably most important one for you is the selling price.

Because let’s face it, who wants to sell if they’re going to end up making a financial loss?

It is important to know that you are in full control at all times. From the reserve price to the guide price, we are here only to advise.

However, by setting an attractive guide price we instil the engagement of potential buyers.

The competitive atmosphere and the variety of bidders from different sources will push up the price organically.

If a property is suitable for auction, expect the sale price to reflect that.

So let’s recap – why do people sell via auction?

Speed

Security

Maximum price achieved

These are only three of the benefits of selling via auction. Click here to find out more.