Selling a property at auction:

Selling a property at auction

For property owners who are looking for a faster sale in this sluggish market, a property auction can be an innovative and effective method of selling real estate. It is an intense process that involves the public sale of any property and which moves forward from instructions being given to actual completion in a much shorter timescale than would otherwise be the case. Once the gavel or hammer goes down the Seller has the re- assurance of knowing that the Buyer will be signing a Contract immediately and also paying the necessary deposit. The deal is then binding and there is no possibility of a proposed Buyer simply not proceeding.  Auctions are definitely a win-win proposition for everyone involved as described.

Why sell with BRG Gibson Auctions?

Local Knowledge & Expertise
-  Our experienced team of Valuers & Auctioneers have unique knowledge & expertise in the Irish marketplace both, North and South. We are very well placed to offer accurate valuations and sales advice for Northern Irish and Southern Irish land & property.

Proven Auction Results - Our  Sales Team has been formed from the leading current Northern Irish Property Auctioneers. We have taken the best Auctioneers, Valuers and Sales Support Staff to form BRG Gibson Auctions Ltd.

Professional Valuers & Auctioneers - You can be assured of our Expertise, Experience, Integrity and Honesty. We are a Fully Insured and Indemnified, Registered Limited Company.

Focused Marketing - We spend heavily on both traditional & on-line marketing, maintain an extensive buyer base & provide unique high visibility signage. This ensures an aggressive marketing programme that increases interest and visibility of your property.

Online Advertising - We have tremendously powerful advertising campaigns, offering much more exposure than any other Agency and more on-line advertising than any other auctioneer we are aware of. We provide access to the vast majority of potential Buyers searching for properties. Simply call Chris Johnson on tel. 02890 393966 or email the 

         1. The full address and postcode of your property
         2. The current Agent, if any
         3. Your mobile number and email address,

and send it to:

Conditions for Entry to Auction

Your property can be entered into our auction, upon receipt of your instruction to proceed.

The property would be entered with a Reserve Price. ( This is the price below which the property will not sell, without your express authority, and is only known to you and us ).

 We use a marketing figure to attract interest in the property. This is known as the Guide Price. This figure will be set by us with your agreement.

 If you are happy with the figure, and wish to enter your property, we will send you an Auction Agreement Form, which you should return to us before we start marketing your property, along with paying the Entry Fee.

Entry Fee is £250 + vat.

 Your property will be advertised in  the Belfast Telegraph Homefinder.

 Your property will also be advertised on Property Pal and on our own website.

 We will, unless ask us not to, put up a ‘For Sale’ board at the property, and carry out three, 30 min Open Viewings in the two weeks leading up to the auction.

 We can carry out Viewings by Appointment, prior to the Open Viewing.

 Your solicitor needs to send us through a ‘Legal Pack’ which includes:

•         Copy Title

•         Contract

•         Up to date Searches and Property Certificates

•         EPC

The Contract, which your solicitor would provide as part of the Legal Pack, will be an Auction Contract, meaning that it will not subject to survey, or obtaining finance.

The purchaser will pay a 10% deposit on the night of the auction with a 28 day completion period in the contract, unless you need a longer period.

All the properties can be sold at any time, before and after the Auction, and not just in the Auction itself, but always under Auction Terms & Conditions.

We cannot sell your property, if we do not have the legal pack before the auction, we would have to withdraw the property and schedule it for the following auction.

Commission upon achieving a sale is 2% of the price achieved ( subject to a minimum of £1,500 ). All fees are subject to vat @ 20%.

 If your property didn’t sell we would enter your property into the next auction free of charge.