Astleys property Auctioneers (Astleys Chartered Surveyors) are a leading firm of property auctioneers within South West Wales. On average a minimum of £1.2 million in sales valued achieved each year. As a recognised firm of Chartered Surveyors and Auctioneers,
Astleys property auctioneers have unrivalled experience and market knowledge to ensure that the sale and acquisition of auction properties are transparent and beneficial to both the vendor and purchaser. In 2016 Astleys Property Auctions raised £1.76m in sales value with an 87% success rate (source EiG).
Buying at auction has become popular in recent years
The Auction advantages are:
- Certainty, control and transparency – as a buyer, you are in control, deciding when to bid and how high you wish to go. A purchaser is able to buy the property at a price that was achieved competitively against other bidders in a transparent process, and if your bid is successful, then the property is yours on completion. The seller cannot withdraw.
- It is possible to buy properties quickly. If you are well organised, properly advised and have the requisite financial resources, you can exchange contracts in a matter of days. If the auctioneer is following RICS Common Auction Conditions, completion will be 20 working days after the auction.
- You may find properties are on offer with attractive low guide prices, although the eventual sale price will be determined by the level of competition in the room.