Have you considered Auctioning your property?
Auctions are brilliant for sellers looking for a quicker and more secure transaction, or for owners of unique properties which could inspire competitive bidding. My auction partner BidX1 and I work closely together as a team, maintaining a strong relationship with the seller throughout the process. BidX1 offers a transparent, user friendly and secure online platform, suitable for the most inexperienced of buyers. They are ethical and very supportive, with a genuine enthusiasm for working alongside me and my clients. The Canal and River Trust uses the same company, which benefits us all. I recommend BidX1’s auctions over other methods such as the so-called ‘Modern Method’. With BidX1, the seller pays for the preparation of the legal pack in advance of the sale (usually around £450). The seller benefits from my marketing and estate agency services (as listed above), while BidX1’s role is to provide ongoing advice, deal with enquiries, legal pack downloads, and registrations to bid, and manage the auction itself. When the auction is imminent, buyers pay a bidding deposit which is refundable if they do not win. On the day of the auction, buyers bid on BidX1’s online bidding platform. A binding exchange of contracts takes place when the (virtual) hammer falls. The buyer must pay their 10% deposit within 48 hours of making their winning bid, as well as BidX1’s admin fee, usually £1,250 to £2,000 + vat. The purchase typically completes 28 days later. The seller pays their fees from the proceeds of sale (see above).