Project summary
- Advising the Executors of a property on the benefits of selling a residential property in need of renovation through Fisher German's Online Auction platform
Solution
- The property was in need of comprehensive renovation and had further drawbacks due to its location on a bend without any on-street or off-street parking. The Online Auction provided a flexible and competitive environment for selling the property especially in light of these complications
Benefits
- The property successfully sold achieving for a good sale figure for the client
- The Online Auction process provided certainty to the client with a legally binding exchange of contracts occurring once the reserve was met and the online timer reached zero
- With the sales process occurring online, it allowed the sale to reach a wider audience with the property receiving both local and national interest
