At Manning Stainton we believe that we have the very best auction service for clients wishing to buy and sell property at auction in Wakefield, Pontefract, Castleford and South Elmsall.
100% success and top prices achieved at auction for properties in Wakefield, Pontefract and Castleford !
We are delighted with the results obtained for our clients in our recent auctions. Top prices have been achieved and we have a 100% success rate! Call us today and let us help you release the money tied up in your house. Call 0113 3933482
Your auction property will be featured on :-
Additionally it will feature in 13 Manning Stainton offices including Wakefield.
If you have a property to sell in by auction in Wakefield give us a call today
0113 3933482
The benefits of selling a Wakefield property by auction
There are many significant benefits for choosing Sale by Auction in Wakefield and it is only by understanding these, that agents and sellers can together decide if Auction is right for a specific property.
Speed
There is no faster way of selling aproperty . The process can take as little as five weeks from instructing us, through to an exchange of contract. You will likely bank the proceeds of your sale within eight to ten weeks from going to the market
Chance of Success
Selliong by Auction with auction House gives you a greater likelihood of selling your property than by private treaty. Typically Auction House sells around 90% of the lots offered. If you need a certain sale you really should consider the auction route.
No Fall-throughs
Your sale is certain. When the hammer comes down you have exchanged contracts, your buyer is legally committed and cannot change his mind. You will be much better off than via sale through the normal Private Treaty system, where approximately one third of all sales collapse after they have been agreed.
Higher Profile Marketing
Your property will be advertised very intensively in the local press – almost every week prior to the auction date, and also nationally through specialist publications that target investors and professional buyers. Your property will be featured in our high quality catalogue, which is mailed and emailed to thousands of interested buyers, many of them in Wakefield and extensively promoted on the internet.We advertise on the top 7 national property portals .In truth, nobody offers more high profile marketing than you will receive locally or nationally from Auction House.
Open House Viewing Days
We set up special press promoted viewing days for our Wakefield properties. Each is hosted by a member of our Auctions team, who can talk knowledgeably about the potential that your property offers and answer all manner of questions from prospective buyers. It is by talking with these viewers that we can judge interest and help guide you in setting the Reserve Price.
Competitive Bidding
Our aim is to generate interest from two or more prospective Wakefield property buyers and to encourage them to bid against each other. The process of competitive bidding will help your property to achieve ‘best price’ on the day. Sometimes buyers are so anxious to acquire a property that they put in a very strong pre-auction offer – if in our view, that figure is unlikely to be reached or surpassed in the Auction Room, we will recommend its acceptance under Auction rules, and with a condition that contracts are exchanged at least five working days in advance of the Auction day
Best Price for your property in Wakefield
Often properties achieve a sale price at Auction in excess of the Guide Price. Regularly the result is ahead of that which might have been acceptable with a Private Treaty sale, but you can always be sure that it has achieved its Best Price on the day. This is especially important on Probate properties where Executors are required to achieve “Best Price”. When Auction is the chosen sale route then this is guaranteed and also open to public scrutiny
Continuing Tenancy Income
More and more Wakefield investment properties are now being sold by Auction , without vacant possession being obtained in advance. By continuing the tenancy the vendor will continue to receive rent until completion date, and the purchaser will start receiving an income from that date onwards. Auction House sells a wide variety of occupied properties in Wakefield – Regulated Tenancies, Houses in Multiple Occupation, Assured Shortholds and others that are let commercially.
No Re-negotiation
With Private Treaty sales a price agreed often isn’t the price you finally receive. With property sold by Auction in Wakefieldthere is no re-negotiation, no discounting to take account of survey findings or any last minute gazundering. With Auction your buyer should have fully researched the property’s condition prior to bidding and cannot reduce the sale price after the hammer has fallen.
Bradford Auction Time Scale
If you are in a hurry or have a deadline to meet with your property in Bradford, then Auction could well be right for you. From the outset you will know the date of the Auction and legal completion will usually be set for 28 days thereafter. This time-scale is fixed and legally binding on the two parties. Financial pressures, and the need to relocate or dispose of a property in a specific time frame, can be easily accommodated and are almost always met with a sale by Auction.
