Ayaz from James Chiltern contacted us with a challenge, they had just had their third fall through on a property and the client was about to walk. The property was in Croydon, a probate sale and in poor condition, beyond the scope of most owner-occupiers and of interest to the investing market. Before approaching us they had the deal tied up at £340,000 with a fee of 0.9%.

With the client’s consent, we contacted them that afternoon and they were signed up for auction the same day. Our property sale appraisal can in most occasions be done immediately and remotely as we assess it as the auction bidding market will, they often do not view the property.

Three weeks later it went to auction, we had managed the process from start to finish, including the viewings, legal pack and complete client care and it was sold by traditional auction for £340,0000. They earned 50% of our commission and were paid £3,400 the day of the auction. A successful outcome all round.

See the property and auction: Lot 3 - 19 Rochford Way, Croydon, Surrey, CR0 3AG

Client 5-star Trustpilot review: Mr Clive Archer

Agent 5-star Trustpilot review: James Chiltern

Speedy: every Friday is auction day for us. All we need when setting the auction date is the appropriate marketing time for the specific property. With the end of the auction room, the need for collectives of lots has disappeared meaning a lot can sell as quickly as 2-weeks from instruction.

Certain: we focus on giving the client the best advice, we can and do sell using the traditional and the modern method auction system. The process advised for the client is bespoke and carefully considered.

Profitable: we split the sale commission with you 50/50. When you consider that we do all the work, whether you partner with us on a lead by lead basis or are white-label auction clients, we handle the process from instruction to completion.

See also:

Legal Pack Explained

Build up to Auction: 12-Waypoints

It is all about client care, our business is set up so that the client (and you) deal with the auctioneer directly from start to finish. This is where we really make the difference and beat the competition. Combined with our speedy, certain and profitable auction sale process the fact the client deals directly with the auctioneer mean that they are given the best advice through the entire process.

Our auction sale process is based on the traditional auctions that operated for many generations, all the best parts of the old school auction system combining for spectacular results with the power and reach of our online bidding windows.

The next step? Let’s talk and once we have proven our system with the first leads and sales, we can look at the white-label option for your business and website.

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