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Michael Poole property Auction

Latest Michael Poole Auction lots

Michael Poole first branch opened on the 14th January 1994 with the aim of establishing Michael Poole as the leading supplier of Estate/ lettings Agency services across Teeside.  Michael Poole provides a level of service that exceeds their clients’ expectations and offering products and services in an efficient and professional manner.

Michael Poole now has the region covered with nine prominently located branches offering hundreds of homes for sale and to let.

A guide to Buying at  Michael Poole Auction 

Details of the Michael Poole property Auction and land to be sold are set out in Michael Poole property Auction online catalogue are usually available online or on request online to be posted to you. All lots are sold subject to general conditions of sale. It is most important that purchasers satisfy themselves as to the availability, location, boundaries, conditions and state of all lots prior to the auction.

Viewing lots at Michael Poole

It is essential that you view the properties which interest you as soon as possible. Viewing arrangements for each lot are contained in this catalogue.

Michael Poole auction Legal Documentation

There are special conditions and general conditions that apply to all lots being offered at auction. A copy of these should be available within the legal pack for each lot, a copy of which will be posted to the relevant auctioneer’s website as soon as possible.

Instructing a Solicitor

Before bidding at the auction, it is advisable to consult a solicitor/licensed conveyancer to advise you on the general and special conditions of sale, any searches that may be necessary, the Land Registry office copy entries and any other information provided.

Michael Poole auction guide prices

Most are quoted in the catalogue available from the agency/office concerned, nearer the time of the auction. a guide price may change at any time. Lots may be sold at above or below the guide price and we cannot accept responsibility for their accuracy.

Michael Poole auction reserve prices

All lots, unless stated in the catalogue, are subject to a Reserve price. This is the minimum price at which the seller has authorised the auctioneer to sell.  The bidding must reach or exceed the reserve price for the auctioneer to be able to sell. The reserve price is confidential.

It is set by the seller in consultation with the auctioneer prior to the auction and may be subject to change right up to the start of the auction. The auctioneer reserves the right to accept bids from the vendor up to and including the reserve value.

Bidding at Michael Poole auction

If you have not bid at an auction before, it is advisable to be present when the Auction starts, listen to the Auctioneer’s opening remarks and follow the bidding in the early lots. The Auctioneer will indicate from whom the bid has been taken, but it is helpful to the Auctioneer for you to raise your hand or bidding card number clearly when you bid.

If the Auctioneer is in doubt whether the movement of a head or hand was in fact a bid, he will usually inquire “Was that a bid Sir/Madam?”  If you are the successful bidder, a binding contract is entered into between the seller and the bidder on the fall of the Auctioneer’s gavel.

You will then be approached by a member of the auction staff who will escort you to the sales desk.  At this point a deposit payment is required, the sum of 10% of the sale price is handed to the seller’s solicitor.

Click Here for Michael Poole property Auction website 

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