Entries Invited – Palace Auctions London
Your Property Could Be Our Next Success Story
Looking to Sell? We’re Looking for Properties
Palace Auctions London invites property entries for our upcoming auctions. Whether you have a residential property, commercial premises, land, or investment opportunity, our established platform offers a swift, secure route to sale with exposure to motivated buyers worldwide.
Why Enter Your Property Now?
The current market presents an exceptional opportunity for sellers. We’re experiencing high demand across all property sectors, with an active database of verified buyers eagerly awaiting new listings. Our recent auctions have achieved remarkable results, often exceeding seller expectations. “The time is right – we’re seeing unprecedented levels of buyer interest across all property types.”
Perfect Properties for Auction
We’re particularly interested in:
- Residential properties of all values
- Commercial buildings and investments
- Development opportunities
- Land with or without planning
- Mixed-use properties
- Properties requiring modernisation
- Vacant or tenanted investments
- Unique or unusual properties
The Palace Auctions Advantage
When you enter your property with us, you benefit from:
Exceptional Marketing Exposure
“Your property deserves maximum visibility. Our marketing ensures it reaches the right buyers, wherever they are. “We deliver:
- Professional photography and videography
- Premium listings on major property portals
- Targeted social media campaigns
- Direct marketing to our investor database
- International buyer reach
- Virtual tours and detailed property particulars
Professional Service
Our dedicated team provides:
- Free initial consultation
- Expert valuation advice
- Strategic pricing guidance
- Legal pack preparation support
- Viewing management
- Complete auction day service
Timeframe to Success
From entry to completion, typically:
- Week 1-2: Marketing preparation and launch
- Weeks 2-5: Active marketing period
- Auction day: Immediate contract exchange
- 28 days later: Completion and funds received
It’s time to take a look at step by step guide
Comprehensive Step-by-Step Guide for Entering Your Property into an Auction
Step 1: Initial Consultation and Appraisal
- After contacting the auction house to express interest in selling your property through auction.
- Provide essential property details, including:
- Full address
- Photographs
- Tenure information
- Tenancy details (if applicable)
- Floor plans
- Title plan
- Schedule a no-obligation appraisal with the auction house.
- During the appraisal, the auction house will:
- Assess whether auction is the best method to achieve the highest price for your property
- Provide an estimated sale price and recommended reserve price
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- Discuss the auction process and answer any questions you may have.
Step 2: Agreement and Instruction
- Review and agree to the auction house’s terms and conditions, including:
- Entry fees (if any)
- Commission rates (if any)
- Any other associated costs
- Provide proof of identity and address as required by Anti Money Laundering Regulations
- Sign the necessary paperwork to formally instruct the auction house to proceed with the sale.
Step 3: Property Inspection and Documentation
- Allow the auction house to conduct a thorough inspection of your property:
- A surveyor will visit to take measurements and photographs
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- They may also assess the condition of the property and note any significant features
- Review and approve the draft sales particulars sent by the auction house.
- Instruct your solicitor to prepare a comprehensive legal pack for the property, which typically includes:
- Title deeds
- Property information forms
- Searches
- Lease documents (if applicable)
- Any other relevant legal documentation
Step 4: Marketing and Preparation
- The auction house will initiate an intensive marketing campaign, which may include:
- Listing on major property portals
- Online advertising
- Direct marketing to potential buyers
- Social media promotion
- Targeted email marketing
- Expect regular updates from the auction house on:
- Interest levels in your property
- Enquiries received
- Viewing requests
- Prepare your property for viewings, ensuring it’s presented in the best possible light
- Be available to answer any questions that potential buyers may have about the property
Step 5: Pre-Auction Period
- Continue to work closely with your solicitor to ensure all legal documentation is in order
- Address any queries or concerns raised by potential buyers or their solicitors
- Consider any pre-auction offers carefully, in consultation with the auction house
- Confirm your reserve price with the auction house
- Decide whether you’ll attend the auction in person or monitor it remotely
Step 6: Auction Day
- On the day of the auction:
- The auctioneer will present your property to the bidders
- Bidding will commence and continue until the highest bid is reached.
- If the highest bid meets or exceeds your reserve price:
- The sale becomes legally binding upon the fall of the gavel
- The successful bidder will be required to pay a non-refundable deposit (typically 10% of the purchase price)
- Contracts will be exchanged immediately by the auctioneer on your behalf
- If the property doesn’t reach the reserve price:
- It will be considered unsold
- The auction house will discuss post-auction strategies with you
Step 7: Completion
- After a successful auction:
- The completion process begins immediately
- Standard completion periods are typically 20-28 working days after the auction, depending on the auction house
- During this period:
- Your solicitor will liaise with the buyer’s solicitor to finalize the sale
- Prepare to vacate the property (if it’s not already vacant) by the agreed completion date
- On the completion date:
- The remaining balance of the purchase price will be transferred to your solicitor
- Ownership of the property will be legally transferred to the buyer.
Step 8: Post-Auction (If Unsold)
If your property doesn’t sell at auction:
- Discuss options with the auction house, which may include:
- Accepting any post-auction offers
- Re-entering the property in a future auction
- Exploring alternative sales methods
Why Choose Auction?
Speed – Not for Greed!!
From instruction to completion in as little as 6-8 weeks
Security
Immediate exchange of contracts and 10% deposit on auction day
Competitive Bidding
Multiple buyers competing for your property
Certainty
No chains, no delays, guaranteed completion
Enter Your Property Today
The process is simple:
- Contact our team
- Free property appraisal
- Marketing strategy discussion
- Entry agreement
- Launch to market
Upcoming Auction Dates
https://palaceauctions.com/upcoming-auctions/ “Secure your place in our next auction – entries now being accepted.”
Success Stories
“We recently achieved 30% above guide price for a residential property in Central London, completing just 28 days later. Let us do the same for you.”
Start Your Journey
Take the first step towards a successful sale. Contact our entries team for a confidential discussion about your property.
Get in Touch
📞 Speak with our entries team: [0207 101 3647]
✉️ Email: [sales@palaceauctions.com or auctioneers@palaceauctions.com
Request Entry Direct : 0044 7971 033276
Free Property Appraisal
Not sure if auction is right for your property? Book a free, no-obligation appraisal with our experts.[tom@palaceauctions.com]
Already Have an Entry Pack?
Complete and return your entry forms: ✉️ Email: [entries@palaceauctions.com ] 📮 Post to: Palace Auctions London 11 Old Bond Street, Mayfair London W1S 4PN
Legal Note
Early entry is recommended to ensure maximum marketing exposure. Terms and conditions apply.
Palace Auctions London: Where Properties Meet Their Perfect Buyers