If you have never sold a property at auction before, you may be a little dubious about the claims that there is no faster way to sell, but just how fast can a property really be sold at auction?
This month, Auction House Sussex and Hampshire achieved a new personal best and it goes to show just how effective the auction process can be.
94 Castle Lane is a Hampshire property that had sat vacant for months. Internally it was in a state of disrepair and required modernisation throughout.
The owners opted to sell with Auction House Sussex and Hampshire because of the certainty, transparency and speed of sale that the auction process offers, but they weren't expecting things to move quite so quickly.
After marketing the property, our team received a pre-auction offer at 2.57 pm and contracts were exchanged with a three-week completion at 5.05 pm. That's just 2 hours and 6 minutes from the offer being accepted to the exchange of contracts, and it's all in a days work for our team.
It's a perfect example of just how efficient the auction process can be and how buyers and sellers alike can benefit.
For the new owners of 94 Castle Lane, work can now begin on restoring this Hampshire property into a desirable family home, while the previous owner has offloaded a house that had sat vacant for months.
Although we can't guarantee that every sale will be as fast as this one, which sold prior, what we can commit to is instant exchange on auction day, with completion taking place within 28 days, making auction one of the fastest ways to buy and sell property in Sussex and Hampshire.
Are you feeling inspired to start your own property investment journey?
Have you got a property you'd like to offload quickly?
Contact Auction House Sussex and Hampshire today to request a free property valuation and learn more about the benefits of buying and selling at auction.
