Using a Traditional Auction to Sell Real Estate Agent Glasgow

Posted by Elijah on September 9th, 2022

Our traditional auction sale process is designed to quickly, confidently, and profitably sell investment property. If you own a property that investors will be interested in, you should make them compete by holding a competitive auction with an immediate exchange of contracts when the gavel falls.

An investor is a buyer who wants to purchase a property, overcome a challenge, or create an opportunity to profit from the property's sale or rental. Property that requires modernization, extension, or structural repair, as well as Estate Agent Glasgow property or properties with a high annual return, are the most common examples. Land, garages, and properties that cannot be financed should be auctioned off as well.

A traditional auction's price advice is divided into three parts:

the guide price, the reserve price, and the predicted outcome. The value represents the predicted outcome range; the reserve price is typically set in the lower range of this prediction, with the guide price being 10% lower. The guide price is intended to elicit bidding interest, whereas the reserve price ensures that the transaction occurs on the day specified.

The Birth of a Traditional Auction

It all starts with a conversation; before we can conduct detailed and thorough research on the property, we need to know about it and your personal needs. Most of the time, this can be done remotely because the property is appraised in the same way that it would be by the bidding market, which does not usually attend the property prior to bidding.

 You will receive your detailed and precise Property Sale Appraisal within 24 hours.

which will provide you with the best advice on the method of sale, price, and process to ensure a quick, certain, and profitable sale. You will have access to all auction date options as well as fee information, allowing you to make the best decision possible. This Property Sale Appraisal is completely free, and there is no obligation to continue. Our sole goal is to always provide the best advice.

In some cases, a traditional auction sale is either not recommended or is not your preferred method of sale;

in these cases, our Property Sale Appraisal will provide advice and pricing for the additional sale methods we offer, modern method auction and estate agency. Our training and sales processes can be completed remotely and online; we only need one or two 20- to 40-minute conversations.