What are the benefits of selling your property at auction? Property Auction Leeds | Selling your property at auction is becoming increasingly popular. At auction there is good demand for properties and it can lead to the price being driven up. Once the hammer falls at auction the contracts are exchanged and the sale becomes legally binding. The purchaser must then put down a non-refundable 10% deposit and complete the sale by paying the balance within 28 days. This avoids the uncertainty which is associated with selling your home in the conventional manner, cutting out the risks of survey reports, gazundering and the buyer pulling out. Why sell at auction? All property types are suitable for sale at auction from properties which are run down, to properties which are unique and which agents find difficult to value. Properties that are run down can achieve a much better price at auction as auctions tend to attract buyers specifically looking for renovation projects. It may be that you are struggling to sell your property due to legal complications or issues with the property. Auction takes away the uncertainty as once the sale is agreed the contracts are exchanged. Another reason may be that you are looking for a quick sale, you may be moving abroad or looking to stop repossession proceedings. Why choose Sharpes? Sharpes are West Yorkshire's leading independent auctioneers. We are local auction house that cover the areas within Yorkshire including property auction Bradford, property auction Leeds, property auction Wakefield, property auction Huddersfield, property auction keighley, property auction Halifax, property auction York, property auction Rotheram, property auction Sheffield, property auction Harrogate and property auction Pontefract. Our auctions are held in West Yorkshire at the Midland Hotel, meaning that there will be higher numbers of local buyers attending. We have an extensive database of buyers who we will contact regarding your property, as well as advertising to buyers further afield via our advertising which includes the Rightmove and Zoopla websites. The costs are similar to, if not cheaper than selling your home via an estate agent and at Sharpes auctions there is no entry fee to put your property in to auction. Setting the reserve price. Where do we offer free valuations? We offer free property valuations Leeds, free property valuation Bradford, free property valuation Halifax, free property valuation Wakefield, free property valuation Huddersfield, free property valuation Dewsbury, free property valuation Harrogate, free property valuation Pontefract, free property valuation York and surrounding areas in Yorkshire. At the appointment we will discuss the reserve price for the property and agree on the figure. The reserve price is the minimum acceptable bid which the property will be sold for. At our last auction in November we achieved an average of 158% of the guide price for auction showing that at Sharpes we are dedicated to getting you the best price for your property in West Yorkshire. On many occasions Sharpes will receive offers before the auction, we will discuss the offers with you and it is your decision to either accept the offer before auction or continue with the auction process.We will advise you in relation to the interest so far on the property which will help you make an informed decision. The auction When your property is entered in to auction with us, it is held at the Midland Hotel. We also invite vendors to attend the auction so that they can see the bidding. It is an exciting event where you will see buyers bidding on your property. Call our auction team now on 01274 731217 for a free appraisal of your property. Leeds Property Auction West Yorkshire Auctions Sell My Home Fast Leeds Halifax Property Auction Wakefield Property Auction House Auction Leeds Auction House Leeds Auction House West Yorkshire Probate Valuations Leeds