As we approach the spring sale, we are all very busy at Brown&Co inspecting properties, carrying out viewings and liaising with our clients and hope that the result at the end of the month will be a good one. From the interest we have had, we see no reason why the results shouldn’t work well for our clients but we never quite know how things are going to go of course until the day of the sale!
My last article investigated the market in some detail and looked at individual lots: in this article, and at the risk of repeating myself, I want to confirm that auctions work for buyers and sellers alike.
Property markets and activity has always related to confidence. Despite Brexit, there appears to be a feel-good factor in our region particularly around the Norwich area, which is encouraging, and we hope this will continue. Indeed, we see no reason why the market throughout the price ranges here should not move forward this year.
We have a full range of property available including cottages, properties in need of renovation, investment properties, flats and bungalows. Without exception, all the lots have been included in the sale because we the agents feel this is the best way of maximising value.
Providing a good, proactive approach is so important and the auction process starts with the initial inspection and we always report as to suitability, with a realistic assessment of potential value as well. This is vital because guide prices at auction need to be sensible to ensure competition and to maximise the result. This is no time for a rest because we are already looking at lots for our June sale and both myself and Trevor Blythe are driving all over the county and indeed the region looking at property and considering potential value in the light of the market, location and condition.
There is no doubt that auctions suit houses throughout the price ranges from bottom to top and our existing catalogue proves this point. Perhaps my message today is that if vendors want to sell and are prepared to be decisive and have something that is different, the auction approach works well and it is fun!
For those who want to know more about this approach to selling property, come along to the auction at the end of March and have a look for yourselves.
In the meantime we will continue to do all we can to obtain the right results for our clients.
For more information please contact Peter Hornor or Trevor Blythe at this office.