Success as homes go under the hammer
EDWARD Mellor sold a huge 74 per cent of residential properties that were up for sale at auction last week.
Wednesday’s event featured a complete range of properties across the north west: from a two-bedroom terrace in Clayton needing a new roof to a period fourbedroom detached house next to Buxton Park – both of which sold for far beyond their guide prices.
Selling under the hammer is not just for experienced investors with derelict houses.
And if you have a property you are looking to sell, auction could be your best bet for achieving a quick sale and walking away with a great price whatever the type and condition of your property. So what are the advantages of selling at auction? First of all it’s faster and more certain. Once the gavel goes down, the property exchanges – meaning the buyer is as legally committed to buy as you are to sell.
The deal will then complete in a maximum of 28 days – much quicker than the average eight to 12 weeks for a home sold on the open market.
The auction room creates a cauldron of excitement, and competition between buyers desperate to outbid each other for the lot they came along to own.
This gives your property the best possible chance of selling far beyond its guide price, and you also set a reserve price to make sure it isn’t sold for less than the value you would accept for peace of mind.
Edward Mellor’s focus is on providing you with a personally tailored service that has proved highly successful for more than 20 years, which is how it sold three times as many lots as its nearest competitor in July.
Each event is highly anticipated, bringing huge interest from new and regular buyers looking for properties of all shapes, sizes, and prices.
The agent’s free services, including the Platinum Membership and Buying Consultancy which are unique to Edward Mellor, allow the agent to discuss your exact requirements and match the right buyers with your property.
This revolutionary approach results in dozens of sellers receiving, negotiating and accepting offers well before the day of the auction.
Get your free, no-obligation valuation for Edward Mellor’s next auction on September 17 by calling its team on 0161 443 4740 or visit www. edwardmellor.co.uk/ auctions to see what previous sellers have to say about its service.
The closing date for new entries is Tuesday, August 19.