Comprehensive Sale Methods Tailored for Your Assets
At RPRS, we provide a range of sale methods for our clients, whether selling individual assets or portfolios. Our recommendations are based on asset type, value, and individual circumstances. Each asset’s value is analyzed against potential sale methods, followed by RPRS’s recommended approach. This ensures cost-effectiveness while maximizing value in every situation.
Private Treaty
Residential and commercial properties can be marketed to the open market on a national scale through private treaty sales. While this method takes more time and doesn’t involve legally binding contracts, it often yields the highest property value. RPRS will advise on working either on a sole agency basis or in collaboration with a joint agent to optimize value against incurred costs.
Sealed Bid Auctions
Unique to RPRS, sealed bid auctions offer a secure auction contract combined with a traditional private treaty marketing approach. The auction date is publicly advertised, a legal pack is produced, and interested parties submit their best and final bids. The client can then select the preferred offer. Contracts are prepared upon acceptance and finalized upon receiving the deposit. The auction terms are flexible, accommodating various client and property requirements.
Traditional / Online Timed Auctions
Properties are auctioned through either a traditional gavel-style auction or an online timed auction. This method ensures legally binding contracts upon the auction’s conclusion. Reserve prices can be set in advance, and competitive bidding determines the final sale price.
Conditional / Modern Method of Auctions
Similar to traditional auctions, conditional auctions involve competitive bidding. If the property meets its reserve price, a legally binding contract isn’t immediately enforced. Instead, the buyer pays a non-refundable reservation fee and has 28 days to exchange contracts and pay the deposit. Another 28 days are provided to complete the transaction.
RPRS offers expert advice on selecting the most suitable auction method, including joint auctioneers if applicable. We have exclusive joint agency agreements with major UK property auctioneers and recommend the best approach on a case-by-case basis.
Comprehensive Sale Methods Tailored for Your Assets
At RPRS, we provide a range of sale methods for our clients, whether selling individual assets or portfolios. Our recommendations are based on asset type, value, and individual circumstances. Each asset’s value is analyzed against potential sale methods, followed by RPRS’s recommended approach. This ensures cost-effectiveness while maximizing value in every situation.
Private Treaty
Residential and commercial properties can be marketed to the open market on a national scale through private treaty sales. While this method takes more time and doesn’t involve legally binding contracts, it often yields the highest property value. RPRS will advise on working either on a sole agency basis or in collaboration with a joint agent to optimize value against incurred costs.
Sealed Bid Auctions
Unique to RPRS, sealed bid auctions offer a secure auction contract combined with a traditional private treaty marketing approach. The auction date is publicly advertised, a legal pack is produced, and interested parties submit their best and final bids. The client can then select the preferred offer. Contracts are prepared upon acceptance and finalized upon receiving the deposit. The auction terms are flexible, accommodating various client and property requirements.
Traditional / Online Timed Auctions
Properties are auctioned through either a traditional gavel-style auction or an online timed auction. This method ensures legally binding contracts upon the auction’s conclusion. Reserve prices can be set in advance, and competitive bidding determines the final sale price.
Conditional / Modern Method of Auctions
Similar to traditional auctions, conditional auctions involve competitive bidding. If the property meets its reserve price, a legally binding contract isn’t immediately enforced. Instead, the buyer pays a non-refundable reservation fee and has 28 days to exchange contracts and pay the deposit. Another 28 days are provided to complete the transaction.
RPRS offers expert advice on selecting the most suitable auction method, including joint auctioneers if applicable. We have exclusive joint agency agreements with major UK property auctioneers and recommend the best approach on a case-by-case basis.