Auction Property Market Update

This month has been particularly busy for auction, as we have had a record breaking year so far and continuing that upward trajectory due to the current high demand for property. There have been some excellent sale prices achieved through our online auction facility, varying from lower price sales right up to the multi-million-pound properties, and everything in between. It’s clear that people are becoming increasingly aware of the enormous benefits of selling through auction, for the speed and security of sale that it offers, irrespective of the property type or price point. 

If your property is outside of the North East, we have a network of over 3,500 partner estate agents who would be happy to assist us in marketing your property. We have seen an increase of over 40% in auction sales instructed across the UK with our National Auction Teams and Partner Agent Network.

In addition to these benefits, the highest price is often achieved through the transparent bidding process. And because of this, we are still welcoming a huge volume of new properties to the market which are getting multiple viewings, and in turn, reaching prices beyond the expectations of even the most discerning sellers.

A lot of our success is due to our unique ‘No sale, No fee, legal pack’ meaning sellers don't need to pay any legal fees or entry fees when selling through auction. And buyers can therefore bid and buy with confidence due to the legal pack being prepared at the beginning of the process. The fast and secure method of sale that online auction offers cannot be underestimated when the focus is to reduce sale fall-throughs.

Feel free to get in touch with one of our property auction experts to discuss your personal requirements and needs. At Pattinson Auction, we tailor our approach to suit each individual and their unique circumstances, as opposed to just the property type. 

It’s worth noting that we are contactable at extended hours, 7 days a week, so you will always reach someone to speak to.