Liverpool Property Auctions - FAQ's

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Selling your Liverpool property
Our properties are marketed via major property websites.
Venmore have over 160 years’ experience selling property in Liverpool – it’s fair to say that during that time nobody has sold more properties than us!

Is my property suitable for auction?

We will provide you with a free, no obligation market appraisal of your property and let you know whether it would be suitable for auction.

How much would I get for my property at auction?

Following our market appraisal we will suggest to you a suitable guide price for your property.

What is the minimum price I will achieve?

We will recommend a reserve price for your property. This is the minimum price that the property can sell for at the auction. If the bidding does not reach the reserve the property cannot be sold.

What else do I need to do prior to auction?

All that is required prior to auction is for a solicitor to prepare a legal pack for the property. We can recommend a solicitor who will do this free of charge. In most cases the property will also require an Energy Performance Certificate.

When will I receive the funds from the sale?

Completion is usually set for 20 working days after the auction.

My property is in very poor condition. Do I have to make the buyer aware of all the defects?

It is the buyer’s responsibility to make their own enquiries about the property.

How much will it cost me?

There is an entry fee of £200 plus vat which is payable upfront. Commission on sale is usually a minimum of £1,500 plus vat or 2% of the sale price plus vat whichever is the greater. This fee can be negotiable in some cases.

How will people find out my property is for sale?

The property will be listed on Rightmove as well as our own Venmore Auctions website. It will also be listed with the Essential Information Group website who hold and manage the largest auction information database in the UK as well as local press advertising.

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