Parsons Son & Basley’s June Auction was, to say the very least nothing other than a rousing success for one very good reason; they actually sold every single available property they had to offer prior to the date of the auction itself!

“Of the 15 lots listed, five had to be withdrawn for legal and technical reasons which left 10 properties available for sale with each and every one receiving pre-auction offers that comfortably exceeded our clients levels of expectation” say Auctioneer Simon Caplin. To have a 100% success rate of the properties we had available is a fantastic achievement but more importantly, our clients are absolutely delighted to have been able to achieve prices over those anticipated which in total was just shy of £3.5m and our highest yielding auction for some time. Our preference is of course to auction properties on the scheduled date however, when a response such as the one this auction has produced has been forthcoming we have to advise our clients accordingly and if this means not being able to physically hold the auction then so be it as the best interests of our clients must always come first. We cannot remember an auction in Sussex having to be cancelled simply because it had sold out of properties and quite naturally we are delighted if we are to be the first company to have been able to have achieved such a feat” says auctioneer Simon.

Entries are now being invited for their next auction whereupon it will be interesting to see if the same thing happens again? “It might” alludes Simon “as clearly buyers appear to like the certainty a pre-auction exchange of contracts brings whilst at the same time this ensures sellers are receiving prices above their expectation levels. The past 12 months have been extremely successful for us and long may it continue."

If you have a property you are thinking of selling and would like a free, no obligation valuation please contact the auctions team on 01273 274014 / www.psandb.co.uk

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