At Diamond Estate Agents, we understand that not every property sale follows the traditional route. For some sellers, an auction can provide a faster, more transparent and highly effective way to secure a sale.
Through our partnership with Pattinson Auction, we can offer our clients access to an established national auction platform, giving residential and commercial properties exposure to a wide network of potential buyers.
Whether you are selling a house, flat, investment property, land, development opportunity or commercial premises, our team can advise you on whether auction could be the right option for your circumstances.
Residential Property Auctions
Auction isn't just for properties requiring renovation. A wide variety of residential properties can be suitable, including:
Houses and flats
Investment and buy-to-let properties
Properties requiring modernisation
Properties with development potential
Land and building plots
Probate and inherited properties
Properties with unusual or complex circumstances
Properties where a quicker sale is desirable
With the right property and marketing strategy, auction can attract buyers who are ready to act and provide greater certainty around the sales process.
Commercial Property Auctions
We can also assist with the sale of commercial property through auction, working with Pattinson's specialist auction team.
This can include:
Shops and retail premises
Offices
Industrial and warehouse units
Mixed-use residential and commercial properties
Development sites
Land and investment opportunities
Commercial properties requiring refurbishment
Commercial auctions can be particularly attractive to investors and businesses looking for opportunities where speed and certainty are important.
Working with Pattinson Auction
Our partnership with Pattinson Auction combines Diamond Estate Agents' local knowledge and personal service with Pattinson's specialist auction expertise and national reach.
We will guide you through the process, helping with the initial assessment and marketing of your property, while Pattinson's dedicated auction team manages the auction process itself. Pattinson offers both traditional and modern methods of auction, with different routes available depending on the property and the seller's objectives.
Properties can be marketed through Pattinson's auction platform, providing access to buyers beyond the immediate local market. Pattinson also operates regular live auctions alongside online auctions.
Is Auction Right for Your Property?
Auction isn't automatically the best route for every property. That's why we start with honest, straightforward advice.
We will consider your property, your circumstances and your timescale before recommending whether a traditional sale or auction is likely to achieve the best result.
For suitable properties, auction can offer a number of potential advantages, including:
Speed
Depending on the auction method used, completion can take place within a defined timescale. Pattinson states that unconditional auction sales can complete within 28 days, while conditional auction terms can provide a longer timescale.
Greater certainty
Auction can provide a clear route from accepted bid to exchange and completion, helping reduce some of the uncertainty associated with a traditional property sale.
National exposure
Your property can be promoted through an established auction network, putting it in front of buyers and investors from across the UK.
A reserve price
Where appropriate, a reserve price can be agreed to provide a minimum figure below which the property will not sell.
Local Estate Agents. National Auction Reach.
Choosing Diamond Estate Agents means you still have a local team looking after you throughout the process.
We know the Mid Devon property market, understand local buyers and sellers, and provide the personal service you would expect from an independent estate agent. Our existing sales and marketing services include professional property particulars, photography, online marketing, social media and exposure across the major property portals.
Our partnership with Pattinson Auction gives us another route to market when a traditional sale isn't necessarily the best fit.
Thinking About Selling at Auction?
If you have a residential or commercial property that you are considering selling by auction, speak to Diamond Estate Agents.
We'll discuss your circumstances, assess the property and explain how the auction process works, giving you clear advice before you make a decision.
