Written by Trevor Blythe.
I am often greeted with the comment, “I would love to buy a property at auction but I’m not able to be present in the auction room on the day of the sale”.
Well, we here at Brown & Co offer free of charge the opportunity to bid on your behalf either by telephone or proxy on any property featured in one of our popular and well-attended sales.
The process is as straightforward as it gets. Initially you would, of course, select a particular property by attending one of our many open days where each property entered into one of our sales is available to be inspected.
Once you have satisfied yourself that it is the property for you and you have made sure that you have the necessary funds in place and you or your legal representative has checked over the legal pack, all you then have to do is fill in the non-attending or telephone bidding form which can be found at the back of any of our auction catalogues.
You need to provide us with two certified forms of ID and, of course, include a cheque for payment of your 10pc deposit: blank if it is a telephone bid or filled in to 10pc of the amount of your specified maximum if it is a proxy bid. All this information needs to be with us two or three days prior to the auction.
On the day of the sale one of Brown & Co’s staff will contact you if it is a telephone bid just before your particular lot goes under the hammer. You will be able hear what is going on in the auction room although he or she will give you a running commentary. We will then take your instructions, bid on your behalf, and hopefully your final bid will be the successful one. If, of course, it is a non-attending bid we will proceed to bid up to but not beyond your maximum figure.
Either way, there is no reason now that you should miss out on your chosen property if you cannot attend one of our sales and, as mentioned earlier, this first-class service is free of charge. I fully appreciate that this may sound a little bit technical and convoluted but I really must assure you that it is a fairly straightforward process.
If you would like to discuss the matter further or to find out more information, please give the auction team a call on 01603 629871.