 |
|
4th November 2008, 17:10
|
#1
|
|
More time posting than coding
Join Date: Oct 2007
Posts: 430
|
Selling property through auction
Does anyone have personal experience of selling a property through an auction?
If so, what % did you pay the auctioneer? And how quickly, typically, can you offload the property, from approaching the auctioneer, to funds in the bank?
Any specific taxes or costs, other than the usual ones for selling a house, incurred by using an auctioneer?
|
|
|
|
4th November 2008, 17:13
|
#2
|
|
GreatestOfDads
Join Date: Aug 2006
Location: Cell 6 Bedlam Ward
Posts: 11,738
|
Quote:
Originally Posted by Cheshire Cat
Does anyone have personal experience of selling a property through an auction?
If so, what % did you pay the auctioneer? And how quickly, typically, can you offload the property, from approaching the auctioneer, to funds in the bank?
Any specific taxes or costs, other than the usual ones for selling a house, incurred by using an auctioneer?
|
I sold through Barnard Marcus once - I think it was 10% but can't remember.
Took about 8 weeks.
No other costs. |
|
|
|
|
4th November 2008, 17:15
|
#3
|
|
Super poster
Join Date: Jan 2006
Location: Seat 22D
Posts: 3,258
|
Am considering selling Bogey Towers by auction now.
However, my estate agent advises a reserve of about 30% below the open market price.
Gulp 
I think I'll go the conventional sales route until Easter, probably.
__________________
I don't know about his cat, but Schroedinger is definitely dead
|
|
|
|
|
4th November 2008, 17:19
|
#4
|
|
Lord of Squirrels
Join Date: Jul 2005
Location: Drey
Posts: 12,999
|
Quote:
Originally Posted by bogeyman
I think I'll go the conventional sales route until Easter 2012, probably.
|
Those Olympic games are expected to drive up demand as wealthy foreigners move in to take advantage of the weak UK property market, average project house price in the UK at the time will be £50k euros... |
|
|
|
|
4th November 2008, 17:22
|
#5
|
|
More time posting than coding
Join Date: Oct 2007
Posts: 430
|
Quote:
Originally Posted by BrilloPad
I sold through Barnard Marcus once - I think it was 10% but can't remember.
Took about 8 weeks.
No other costs.
|
Thanks.
Did that 10% (or whatever) include legal costs? i.e. was it a total price? |
|
|
|
|
4th November 2008, 17:23
|
#6
|
|
Super poster
Join Date: Jan 2006
Location: Seat 22D
Posts: 3,258
|
Quote:
Originally Posted by AtW
:£50k euros...
|
So that's fifty pound-euros then?
God, you are total cock sometimes AtW.
__________________
I don't know about his cat, but Schroedinger is definitely dead
|
|
|
|
|
4th November 2008, 17:23
|
#7
|
|
Super poster
Join Date: Jul 2005
Posts: 4,053
|
oh dear
I guess this cheshire cat is not grinning like a ...
Milan.
|
|
|
|
|
4th November 2008, 17:26
|
#8
|
|
Lord of Squirrels
Join Date: Jul 2005
Location: Drey
Posts: 12,999
|
Quote:
Originally Posted by bogeyman
So that's fifty pound-euros then?
|
Oh yes, made mistake (here see I admit it!) - should have used euro sign.  |
|
|
|
|
4th November 2008, 17:27
|
#9
|
|
Super poster
Join Date: Aug 2007
Posts: 2,666
|
Quote:
Originally Posted by bogeyman
So that's fifty pound-euros then?
God, you are total cock sometimes AtW.
|
__________________
Quote:
|
Originally Posted by MarillionFan
The first member is obviously quite technically gifted. But this is where it finishes. He constantly tries to have the last word on every thread. He offers advice to everyone about every subject. He's a real know-it-all, but really seems to know nothing...Anyway my question is, do you think this member has anything else in his life and how can we stop him offering stupid advice to everyone?
|
|
|
|
|
|
4th November 2008, 17:27
|
#10
|
|
Super poster
Join Date: Jan 2006
Location: Seat 22D
Posts: 3,258
|
Quote:
Originally Posted by AtW
Oh yes, made mistake (here see I admit it!) - should have used euro sign. |
Hmm. So angry
__________________
I don't know about his cat, but Schroedinger is definitely dead
|
|
|
|
| Thread Tools |
|
|
| Display Modes |
 Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT. The time now is 01:01.
|  |
| Advertisers |
|
| Contractor Alliance |
Formed a new Ltd Co?
20% off business insurance
£10 off Bauer & Cottrell contract reviews
Find co-workers & client introductions
Increase your value to clients here
|
|
