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Hi there!
Based on your responses, it looks like a Auction is probably not the right option for you.
(But don’t worry… I can tell you what is going to be the best option, and share a freebie I think you’ll find useful).
Here’s why I don’t think auction is right for you:
I typically only recommend auction if your property has some major defect—usually something that makes it unmortgageable.
But based on your quiz responses, it seems your property has no major defects... which is great!
(I know you said your home had subsidence, but if it’s historic then your home's normally still mortgageable, and you shouldn't need to resort to auction.)
(I know you said your home is of non-standard construction, but if it’s not defective then your home is normally still mortgageable, and you shouldn't need to resort to auction.)
So here’s why I’d be hesitant to recommend auction for you:
When you sell at auction you expect to lose about 10-15% of your home’s value.
This is because:
Even if you are prepared to lose a lot of money, there are other problems...
Auction buyers are usually looking for development opportunities.
For example, they want:
But based on your quiz responses, your property has no major defects.
(It may need work, but it's usually still mortgageable)…
So there’s a chance your property won’t do well at auction—meaning it may fail to sell, or could go for an even lower price.
All in all, I think auction can be a really risky move…
So I typically only recommend it if your property has some major defect.
If that isn’t the case here, I think there’s almost always a far better option you can take.
Based on your responses, I think selling through a good, local Estate Agent is going to be the best option for you.
You’ll end up with way more money than selling via Auction.
I know you've been on the market a while already though, so you know there are two major downsides to this:
I want to share something that should help though…
Over the last 15 years I’ve sold over 650 properties through estate agents—so I've been in your shoes many many times thinking "why aren't we getting any viewings on this one?!"
Or if it's getting viewings, then "why aren't we getting any offers?!"
And from going through this process hundreds and hundreds of times, I've only found 5 reasons houses don't sell...
And so I put together this video a while ago that I'd love to share with you.
We'll cover:
I walk through them in this detailed video I'd like to share with you.
It’s a pretty in-depth video (around an hour long) but readers have told me it's saved them a ton of stress, a lot of money, and a lot of waiting around.
I hope you find it useful.
And remember—you’ll come out tens of thousands of pounds ahead compared with taking a 10-15% hit and selling by Auction.
Just click below to start watching now.
Good luck!
Notice: This recommendation is based only on your quiz details and is provided for general guidance only. This isn’t financial or legal advice, and individual situations all vary. Please do your own research and speak with a professional directly before making big decisions!
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