Home House Buyers are a property buying company and not an auction house we offer a quick house sale which can be completed within 14 days and WE PAY ALL YOUR FEES.
Disadvantages of going to Auction
House auction can also be one of the most expensive ways to sell a home in general. There are no hidden costs, but an auctioneers commission currently stands at around 2% – 2.5%+VAT of the home’s value, and if your home does not sell at the auction you will still have to cover the auctioneers costs.
Another disadvantage voiced by many house sellers who have sold properties via auction is that auctioning home results in a greater invasion of privacy than other methods. With a traditional house sale, you can arrange and moderate home viewings in general.
With auctions, viewings open to the public are common, and you are obliged to allow any potential bidders to view your home, as well as any private surveyors working for the bidders. Get in touch for more information about auctions.
Property auctions have an element of instability in that any property may entice a bidding war thus resulting in it auctioning off at well over market value. Inversely a home may garner little interest, resulting in it selling for well under market value, sometimes as much as 40% below.
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View Advantages of going to Auctions for Auctioneers
The advantage of going to auction is that if you are willing to let your property go at below market value the sale process from the day of the auction is for the buyer to complete within 28 days.
Home House Buyers have the funds available today to purchase your home if you accept our quick house sale offer we can complete the sale within 14 days call 08006121366 today for a no-obligation offer.
Here at Home House Buyers, we don’t just buy residential properties we also buy all types of commercial estates as well. Call us today for more information.
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