Auction Properties

Houses, Flats and Bungalows for Sale at Auction

Free Entry to Our No-Sale, No-Fee Auction

We give our vendor’s two options. Please ask us for further details in order to decide which option is the best one for the sale of your property by JW Wood, or view the short introductory video below.

Option 1

A traditional auction service where the property is definitely sold on the fall of a hammer.

Option 2

A conditional auction service where the buyer has 28 days in which to exchange contracts

Our Next Property Auction

Registration Time: 6.30pm

Event Starts: 7:30pm

Venue: Newcastle Marriot - 30th August

Useful Auction Information

Upcoming Auction Dates

  • 30th August 2017
  • 25th September 2017
  • 30th October 2017
  • 11th December 2017

Services Include

  • Colour advertising throughout County Durham and Tyne & Wear.
  • Press advertising.
  • Extensive buyer and investor database.
  • Premier auction venues able to accommodate hundreds of buyers.
  • Experienced auctioneer.
  • Dedicated Auction administration team.

Download Auction Catalogues

August Auction Catalogue

Auction Overview

Why Auction?

In recent years, the Auctions market has strengthened its position as a viable route for the disposal and acquisition of property. Some of the advantages are discussed below.

Selling Price

Selling by auction is the best way to ensure that properties are bought and sold at prices which are fair and reflect their market value as the process provides completion between buyers.

Timescale

Sale by auction provides legally binding fixed timescale for exchange of contracts and payment. In Option 1 the fall of the hammer indicates exchange of contracts and the purchaser has 28 days after the fall of the hammer to exchange contracts

Control

The Vendor keeps control of the sale by the use of special conditions of auction and the reserve price. In Option 1 nothing is left to chance after the fall of the hammer.

Serious Buyers

Auctions attract serious buyers and property professionals. A commitment is made in both Options 1 and 2 that a casual buyer would be unlikely to make. In both cases a financial payment has to be made after the auction.

Agents Property Auctions

For additional information pertaining to our Auction services please visit www.agentspropertyauction.com

Agents Property Auction