Cain Property Auction has a team of experts with a combined experience of over 25 years in sales, who share their knowledge and experience to its clients based on current markets.
The experience at Cain Auction is backed by the expertise and network reach through our wider PB solutions network. The company has several departments which specialize in market research, legalities, sales and accounts which all contribute towards our established reputation and providing outstanding service for clients who are looking to sell their property at an auction.
Our auction rooms provide transparency of sale, ensuring that your property will sell to genuine buyers who are willing to pay the most on the day. Our style of online auction is not available through most private methods and all buyers are expected to register before they can come onto the platform to place bids.
Our Clients who register for our auctions enter into an unconditional contract whereby once the hammer falls in the room, they buyer immediately puts down a 10% deposit which is non-refundable and the contract is exchanged.
When our auctions take place, we sometimes have a number of people bidding on your property which creates a competitive environment which contributes towards potentially pushing up the final price of your property.
Properties sold through an auction work on contracts to be exchanged within a specific timeframes which means that the completion date is fixed so payments is received on set dates. At Cain Properties, we have a dedicated team of solicitors who specialise in conveyancing and work to the agreed schedule once a property is sold.
At Cain Property Auctions, we work with our clients every step of the way to before the auction takes place, in order to help them achieve the best result.
Although most properties are suitable to sell through an auction, in order to achieve the best possible result it all depends on a realistic reserve price being agreed. Naturally, some properties are more suitable than others and attract a lot more interest such as properties which are in need of renovating to better standards. These types of properties are popular amongst a large number of investors, builders and developers who take part in our auctions and therefore achieve a better sale when compared to private sales.
In order for a property to be placed into our Auction, agreeing the reserve price is crucial, which is the minimum price at which the property can be sold for. Using the experience and knowledge of the markets, our team of experts can advise you and recommend where this should be set.
Having agreed to the reserve price, our teams arrange a viewing of the property to take photos and other marketing information. After the inspection, we request solicitor involvement to prepare the legal documents for the property and details are prepared so the property can be listed on our website, auction catalogue and other property portals.
Should you require any further information on how the auction process works or would like to sell your property through our auction then please contact Cain Property Auction team on 01442 817133 or email auctions@localhost.
