Go ing …..going…… gone!
After a dramatic rise in property prices over the past decade, the market now seems to have slowed down and many homeowners are struggling to sell on the open market.
Sounds familiar?
If your feeling disheartened at the prospect of waiting and waiting for a buyer then Metcalf’s may have the solution for you.
Looking forward to the year ahead, Metcalf’s are putting into force a mammoth auction plan headed by company partner Mr Hamze Ballout.
Entries are now being taken for the June auction, and with the deadline for that being 23rd May.
Call our office on 01253 624047, or pop in and see us at 73 Topping Street, Blackpool for a free valuation, or just simply some further advice.
Mr Ballout explains “ Auctions are often used as a method of last resort by sellers, however there is a misconception that the prices achieved are at rock bottom.”
Indeed, far from it: “we believe in the power of auction, something other firms feel is a last resort, but the success rate of this hard-working team has proved time and again this is a very viable option in the property race.”
Why auction ?
Simply because auctions and estate agent sales are entirely different. “We are not looking to find a purchaser for our client but a number of purchasers who will come to the sales room to compete.” Competition between bidders creates an atmosphere of excitement in the auction room, and bringing out the cash buyers, gives vendors a definite message their property will be sold.
Illustrated by the recent spate of television programs on auctions, this is true of the forthcoming composite property auction because offers have already been received on an number of addresses due to go under the hammer in January
“Our sellers are also different. They will have legal packs available before the sale, because they know that on the fall of the gavel there is a binding contract.”
Purchasers are then given a standard 28 days to complete the sale, minimising hassle for the seller.
Maximising your chances
To attract the largest pool of buyers, on a national scale, Metcalf’s advertises widely in national and local newspapers, and on the Metcalf’s website where each auction sale attracts thousands of hits. Approximately1,000 catalogues are also sent out to addresses on our client database, as well as being distributed free of charge throughout newsagents and supermarkets across the entire region.
Traditional Estate Agency sales just simply cant offer this much exposure to potential buyers of your property, and this is reflected in the ratio of sold auction lots both during, and prior to the auction taking place.
What if my property does not sell at the auction?
Post – auction our services do not then stop either, if your property did not attract a successful bidder we will do our up most to negotiate a sale for you from bidders and previous viewers who did not quite reach your reserve price with their offers.
We will also offer expert, yet realistic advice about your next steps. Our priority is to sell your property. Special discounted rates are usually offered for auction re-entries, and we are also an estate agent as well as auctioneer, giving you as the seller a wider choice of options.
Call Metcalf’s today! on 01253 624047.
