Property Auctions

With bidders able to attend our sales in person, bid online, by phone and by written proxy, our hybrid auctions continue to reach audiences far and wide.

Already this year, we have sold property to purchasers from throughout the UK, Europe, the USA and Australia.

97% success rate in 2022 auctions

Buyers and sellers alike are attracted to the speed, simplicity and security of selling land and property by auction. Legal packs prepared in advance enable exchange of contracts on the fall of the hammer, and completion follows on a specified date (usually 28 days). Thus avoiding the nail-biting and often protracted period of wait during the conveyancing process.

It’s a method of sale long favoured by executors but is certainly becoming more common place within the residential, commercial, agricultural and even development sectors of the market.

Symonds & Sampson’s auctions are not to be confused with those becoming more common place – many of which are essentially ‘best bids’ scenario with no more than agreement of figure at closure at close, rather than exchange of contracts and a legally binding contract in place.

Average

price achieved 31% above guide

We have sold property across 7 counties this year, from Cornwall to Berkshire. Prices achieved have been particularly strong for agricultural land where competitive bidding from both local farmers and buyers from further afield ensured that a fair price was paid.