AUCTION EXCEEDS EXPECTATIONS

Looking back over 40 years in the property industry, I’ve seen many changes. On a recent visit to New Zealand, I was surprised to learn that most of their property transactions are carried out using the auction method.

- Stuart Cartwright, Head of Professional & Auctioneering, Marchand Petit

At Marchand Petit, we still pride ourselves on the fact that we believe a live auction, held in a room with interested parties, can produce the best results, while ensuring a sale within a sixto-eight-week period.

Last month proved the point once again with the sales of Rose Cottage, a lovely three-bed home in Slapton, and The Priory at Kingswear. Rose Cottage, having failed to sell by private treaty through another agent, sold before auction and above the guide price of £285,000.

The Priory was an exceptional auction prop-

erty, situated just off the public slipway. After six weeks of intense marketing, our sales team had a number of interested parties, and it was clear that auction would deliver the right outcome.