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smarthomes’ latest property auction achieves nearly £100,000 over the guide price

smarthomes have teamed up with SDL Auctions, the UK’s most successful live-streamed auctioneer, to offer online property auctions. Perfect for dilapidated properties that need a quick sale, properties are sold by live video broadcast with remote bidding.

smarthomes’ latest property to be sold by online auction was a run-down 5-bedroom house in Sparkhill. As soon as the for-sale board went up and the property was listed on both thesmarthomes and the SDL Auctions sites, smarthomes were inundated with enquiries about the property. It was sold within a few days of being listed and achieved a sales price of nearly £100,000 over the guide price, after receiving 154 bids.

smarthomes work closely with SDL Auctions to determine the right properties to be sold in this way – smarthomes take care of the valuation and the viewings, while SDL Auctions are responsible for conducting the auctions online. For the right property, the process is incredibly efficient and offers many benefits including a set completion date, no estate agency fee for the vendor, and a guarantee that the property will not sell below the agreed reserve price.   

For more information please call Nicola at smarthomes on 0121 744 4144 or visit: