Marchand Petit - Auctions & Professional
Suitable auction properties include:
special properties e.g. waterfront, unique characteristics
properties for renovation, restoration, refurbishment
farms and smallholdings
parcels of land and woodlands
Selling by Auction
An auction sale takes place over a defined period set by the vendor with exchange of contracts at the fall of the hammer and completion approximately four weeks after that.
The property will receive intense marketing and advertising six weeks prior to the sale in local newspapers, within in-house magazines, on our website and property portals, including Rightmove and OnTheMarket.com.
The guide price is a realistic price to generate as much pre-auction interest as possible with the objective of generating higher sale values.
Properties are normally offered for sale subject to a vendor’s reserve.
The vendor is responsible for legal documentation and an energy performance certificate and floor plans where necessary.
Auctions are conducted within the public domain, are impartial and the best evidence of “market value”.
Buying by Auction
If you wish to buy at auction you will need to have satisfied yourself in respect of all legal and professional matters which may affect the property.
Legal packs will be available on request from the agent, but may be subject to a charge.
You will be required to produce two forms of identification, photographic (e.g. driving licence) and proof of address (e.g. recent utility bill).
If your bid is successful, you will be required to pay 10% deposit, sign and exchange contracts prior to leaving the auction.
Please contact the Auction/Professional Department on 01548 855596
94 Fore Street Kingsbridge TQ7 1PP