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Can anyone sell their property on auction?

The most common reasons for selling property on auction include but are not limited to the following:

- The Seller wishes to achieve a true market value for the property.

- The Seller elects to auction due to the inherent quick sales cycle. From date of signing mandate to auction day is usually between 4 and 6 weeks (depending on the complexity of the property).

- The Seller wants to set the terms of sale, these being a conclusive sale not subject to any suspensive conditions.

- The Seller wants to have his property exposed to a broader market, the digital platform and its digital advertising campaign allows us to expose the property on a national basis. This has the added benefit and advantage of accessing broader base of potential buyers and investors through effective marketing campaigns targeted at likeminded property professionals and property experts. -

- The Seller wants a highly effective low-cost sale mechanism.

- Where there is a desire for a transparent and easy to understand process.

- An execution of a forced sale (liquidations, deceased estates and legal instructions).

Provided by
Swindon Press Room
Swindon Property is a leading commercial and industrial real estate organisation and the commercial associate for international real estate advisor, Savills, for sub-Saharan Africa.