Online Bidding At Our Next Auction

Posted on: 9 April 2013

Sansome & George Network Auctions first auction of 2013 saw a hugely impressive sales rate of 90% which is well above the national average of 78% (source EIG), a clear sign that our mix of local expertise and marketing coupled with national promotion and a Central London held auction is generating great results.

Sansome & George Network Auctions are always looking to innovate and maximise a successful return for our clients and the May auction will be the first we have held where bidders can bid live online.

As always, the auction has an interesting selection of lots and seller clients include lenders in possession, local authorities, executors, private sellers, PLC’s and asset managers.

Lots include:

Five separate lots of land being sold with no reserve. These instructions follow the successful sale of seven such lots in the last sale.

Some prime London real estate including residential opportunities in Camden (guide £350,000+), Fulham (guide £210,000+) and St Johns Wood (guide £210,000+) and a mixed retail/residential investment in Hampstead Garden Suburb with a guide price of £250,000+.

High yielding investments: A freehold parcel of land in Pontypool producing £900 pawith a guide price of £4000+ and a site in Paisley with planning consent for flats that is currently producing £6704 pa and a guide price of £25,000+.

It is Sansoem & George Network Auctions’ expertise and local knowledge that creates the opportunity for clients to enjoy a successful sale. This combination of national, local and regional marketing, coupled with good quality advice on guide prices and reserves, makes for a positive outcome.

Excellent exposure to the market is crucial and auction catalogues and newsletters are distributed to many thousands of investors, potential buyers and property people. In addition, social media is an important marketing channel and Network Auctions are on Facebook as Network Auctions and on Twitter as @NetworkAuctions. Over 2000 individuals and businesses follow Network Auctions on a daily basis.

All auctions are video streamed live to the Network Auctions website and the results tweeted directly from the auction room. Over 350 people regularly watch the auctions live via the video service.

To discuss your requirements and the best options for any property you are considering selling, please contact David Sansome at our Basingtsoke head office.

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