As part of our wider sales service, we work with many of our clients to sell their property assets at auction – and now, as well as farms and land, we help clients to sell residential, commercial and development assets. We have auction experts in house who can organise and run the auctions.
Selling a property at auction can offer many benefits over the more common method of selling by private treaty. The main reason is that it offers both the vendor and purchaser far greater certainty; upon the fall of the hammer in the auction room both parties are legally bound, and contracts are exchanged, with completion of the sale normally taking place four weeks later.
As a result, we often find that a sale by auction is favoured for unusual properties, including those that require a lot of work, because it removes the uncertainty of further negotiations taking place after agreeing the initial sale.
Find out more about the auction room as a selling method in our Rural View article ‘Caution at Auction’
HAY AND STRAW AUCTIONS
Farms throughout southern England with straw and hay for sale count on the auction system to achieve the best price for their product.
Over the past 50 years we have established a national reputation for our fodder auctions, notably the Newbury Hay & Straw Sale, which attracts buyers from all over the country. Over 5,000 tonnes are regularly traded each season, including meadow and seed hay, wheat, barley and oat straw.
We normally hold sales each December, January and March, with product sold from farms located across southern England. Carter Jonas can also arrange private sales.