Printer Friendly

Find a home at an auction.

Auctions are becoming an increasingly popular way to buy and sell property, with the top 20 commercial and residential auctioneers seeing a 16% increase in property sold at auction in 2004, at a total value of pounds 3.38bn.

More people are turning to auctions to buy and sell property because of the simplicity and speed of the process, with deals agreed on the day. Auctions have become more open and transparent, and often an ideal place to find competitively priced properties.

To accommodate the growing popularity of property auctions the Royal Institution of Chartered Surveyors (RICS) has published Going once, going twice, sold to... which provides inside information on the auction process from both buyers' and sellers' points of view, from checking guide prices to proxy or internet bidding.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Features
Publication:Western Mail (Cardiff, Wales)
Date:Sep 17, 2005
Previous Article:Greek isles become a hotter deal.
Next Article:Refresh your bathroom.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters