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Selling At Auction


Though it uncommon for retail customers to use the auctioning ground to sell their real estate properties, of late there has been an increase in the number of dwellings that are being sold through this route. It would be pertinent to mention here that as a reputed real estate conveyancing company, we have been able to help out quite a few numbers of sellers to sell their dwelling units through the auction route.

While there are obviously a number of benefits using this route, unless it is done with the help and assistance of qualified and experienced conveyancers it certainly would become very complicated to say the least. The entire process of selling through this route it quite complicated and has to be thought through very carefully and this is where we count a lot with rich experience in this field. Over the next few lines let us try and find out some of the major reasons why it makes sense to take our help whenever there is a need to sell through auctions.

When a customer approaches us with a desire to use the auction route to sell their property, we first approach the various auctioneers who are ready to take up the property for auction. Since we are in good terms with almost all the top auctioneers in the city, getting a slot to push the customers’ property for auction is not a big problem for us. Once we get a written confirmation from the auctioneer regarding a suitable date and time, we take a confirmation from the customer and lodge the property for auction for that particular date.

We discuss with the customer and after taking their concurrence decide on the commercial terms like minimum bid price, terms of payment, time limit for the entire sale of the property just to name a few. On the day of the auction we get are also actually present on the scene of auction along with the seller. Once the property goes under the hammer, we get into the various conveyancing processes to ensure that there is smooth transfer of ownership from the seller to the buyer. We take lot of pains to ensure that the process is completed within the stipulated time as set by the seller. Our job does not end till such time the sale proceeds are transferred to the bank account of the seller. Therefore, for any selling of property using the auction route, we certainly can do lot of justice.