Seller FAQ

Provided by Billy O’Shea Properties in Partnership with The Munster Property Auction

Sold in 45 days

Our online auction usually run for a period of 45 days. The property is marketed and interested parties can arrange to visit the property during the auction period. If at the end of the auction we have bids which are at reserve or above then a sale is agreed. Bidding can take place anytime up to the end of the 45 days until interested parties have reached their highest point – which should represent fair market value for the property.

Seller’s Reserve

Before bringing the property to the market, we agree a Sellers Reserve, which is the minimum price the seller will walk away with so you have full control over your target sales price. Unlike most auctions, we do not charge any fees to enter our auctions and only earn fees once we sell your property.

Booking Deposit

Your buyer will pay a non-refundable Booking Deposit to secure the property. As this is paid on a non-refundable basis, you know that your buyer is serious and in a proceedable position.

A Fixed Date to Move and Sell

Fixed time scales for exchange & completion provide clarity for both parties. A fixed time scale is not often set when selling a property through private treaty with sales taking much longer than anticipated. This added security is a big benefit to most vendors looking to move forward with confidence.

Achieve Fair Market Value

Due to the increased marketing and unique pricing strategy that we operate, we guarantee to get you the best price in the current market. Our aim is to get competitive bidding on your property and allow the bids to go up to the highest level possible. Bidding is made easy for prospective buyers even those buying with finance, thus achieving fair market value. A property will always sell for what it’s worth, plus you have a reserve price so you know it won’t sell for anything less than that chosen figure.