Hollis Morgan | Essential Guide to Selling at Auction

Hollis Morgan | Essential Guide to Selling at Auction

bid from anywhere | online or mobile

auction SELLERS GUIDE YOUR ESSENTIAL LIVE ONLINE 2022

LIVE ONLINE

auctions

everything you need to know about selling land and property @ IVE ONLINE auction

everything you need to know about selling land and property at LIVE ONLINE auction

Welcome to Hollis Morgan LIVE ONLINE Auctions…STREAMED LIVE on our webs

LIVE ONLINE

# DID YOU KNOW? In 2021 Hollis Morgan SOLD MORE LOTS by auction in Bristol, North Somerset and Gloucester than any other auctioneer! # DID YOU KNOW? In 2021 ALMOST 40% OF ALL THE AUCTION LOTS offered in Bristol, North Somerset and Gloucester were Sold by Hollis Morgan # DID YOU KNOW? In 2021 OVER £50M WAS SUCCESSFULLY SOLD under the hammer in Bristol, North Somerset & Gloucester by Hollis Morgan. # DID YOU KNOW? Since 2010 Hollis Morgan have SOLD MORE LOTS BY AUCTION (1301) than any other local firm raising over £400M !

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bid from anywhere | online or mobile

ite… Welcome to Hollis Morgan LIVE ONLINE Auctions…STREAMED LIVE on our website

Welcome to Hollis Morgan LIVE ONLINE Auctions

LIVE ONLINE

Covid has meant dramatic adjustments to our working practices. Famous for our large public

auctions

auctions, we have adapted by launching a monthly Live Online Auction service – an interactive platform for Buying and Selling all types of land and property.

A Live online auction has all the benefits of a traditional auction such as speed and transparency but with the advantage of being able to bid from anywhere with the auction streamed live on the Hollis Morgan website and the option to bid by telephone, proxy or online. Since 2020 we have sold nearly 350 lots by this updated method – we have embraced this change and move forward with our 2022 live online calendar of sales confident we can provide the best service for our clients.

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bid from anywhere | online or mobile

YOUR essential guide TO SELLING PROPERTY AT LIVE ONLINE AUCTION

LIVE ONLINE

THE REGION’S LEADING AUCTIONEER SINCE 2010 your essential auction guide

auctions

Since 2010, Hollis Morgan sold more £££’s of Land and Property than any other auctioneer in the region.  In fact, no auctioneer has sold more than Hollis Morgan since 2010, with over £400m of sales – almost £150m MORE than anyone else * .  Hollis Morgan was the most successful Auctioneer in Bristol and North Somerset during 2021 with an 90% success rate*.  At each auction we have up to 60 lots , ranging from £10k-£3m with up to 2000 people watching online. #DID YOU KNOW? Hollis Morgan hold the largest online Land and Property auctions in the region with 1500 lots sold and over £350m raised for our clients.

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BRISTOL AND THE WEST COUNTRY ' S

biggest live property event

BRISTOL AND THE WEST COUNTRY ' S BIGGEST LIVE PROPERTY EVENT

*Source EIG – Sales in BS and GL postcodes by agents based in BS or GL postcodes. Sales in BS postcodes 2018 & 2019 by agents based in BS excluding firms selling less than 3 lots.

YOUR essential guide TO SELLING PROPERTY AT LIVE ONLINE AUCTION

LIVE ONLINE

THE REGION’S LEADING AUCTIONEER SINCE 2010 a brief guide

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#DID YOU KNOW? Some of the Key Benefits of selling your Land or Property at one of our online auctions are:

fixed timescales and speed Exchange on the day with a quick and fixed completion of 4, 6 or 8 weeks. closure and control 10% non refundable deposit taken upon exchange and the deal is done unlike a traditional sale. high profile sale Intensive 4-6 week marketing campaign to make your lot visible and available to all potential buyers.

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guaranteed price You set a minimum reserve which protects you from selling for any less than you want.

transparency and competitive bidding Auction provides a transparency of sale ensuring your lot is sold to the person willing to pay the most on the day.

hollismorgan – the results speak for themselves…

BRISTOL AND THE WEST COUNTRY ' S BIGGEST LIVE PROPERTY EVENT

YOUR essential guide TO SELLING PROPERTY AT LIVE ONLINE AUCTION

LIVE ONLINE

THE REGION’S LEADING AUCTIONEER SINCE 2010 why hollis morgan auctions ?

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The Hollis Morgan philosophy is based on combining a traditional high street agency approach with modern technology allowing us to build lasting relationships by listening to our clients and understanding their situation. Our experienced team pride themselves, not only, on achieving the best results but in having the satisfaction of a job well done – this pragmatic approach has enabled us to build the largest firm of auctioneers in the West Country.

Since 2010 we have achieved the best prices – on average 40% above the guide price Andrew Morgan MBE Bristol’s most experienced auctioneer Online adverts with auction specific premium listings on both Rightmove and Zoopla High profile regional weekly press campaign

Online Mailing list of over 20,000 active buyers Local, National, Regional and International audience Regional Office covering Bristol and the West Country. Biggest catalogue and widest range of properties LIVE online auctions and marketplace

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the widest range of

property from across the region

BRISTOL AND THE WEST COUNTRY ' S BIGGEST LIVE PROPERTY EVENT

*Source EIG – Sales in BS and GL postcodes by agents based in BS or GL postcodes. Sales in BS postcodes 2018 & 2019 by agents based in BS excluding firms selling less than 3 lots.

YOUR essential guide TO SELLING PROPERTY AT LIVE ONLINE AUCTION

LIVE ONLINE

THE REGION’S LEADING AUCTIONEER SINCE 2010 what is a property auction ?

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A LIVE ONLINE AUCTION offers land and property for sale in a competitive manner, bringing sellers and buyers together in an interactive online marketplace hosted by Auctioneer Andrew Morgan MBE .

Is my property suitable for auction? Many properties are suitable for auction, for one or more of the following reasons:  Has the property been offered for sale on the open market and failed to sell?  Does it require modernisation?  Does it have development potential?  Will it attract multiple buyers?  Is it difficult to establish the value?  All types of land with, or without Planning  Has Planning Permission been Granted or refused?  Is there a need for transparency? i.e. when acting on behalf of Trusts or Public Bodies  Are you an executor?  Is it an investment property?  Is your property only suitable for a cash buyer?

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How do I place a property in an auction? Simply call Hollis Morgan to book a Free, no obligation, valuation. Either Olly Hollis or Andrew Morgan will visit you at the property and advise you whether it is appropriate for auction. Setting the guide price and the reserve We will recommend a Guide Price,

 Do you need to move quickly?  Can a fast sale solve a personal situation? i.e. in the case of debt or divorce? “ ”

reserve price and target range . Remember: the reserve price is the lowest figure for which it can sell.

an auction is an ideal way to maximise value from your property… OLLY HOLLIS

BRISTOL AND THE WEST COUNTRY ' S BIGGEST LIVE PROPERTY EVENT

YOUR essential guide TO SELLING PROPERTY AT LIVE ONLINE AUCTION

LIVE ONLINE

auctions

THE REGION’S LEADING AUCTIONEER SINCE 2010

Auction Entry Fee You will be surprised how little an auction costs! Auction expenses You can enter your property into one of our auctions for just £350 +VAT – this is paid for in advance and is non-refundable.

Sale commission: in addition, a commission will be agreed at the

valuation usually a % of the final selling price - our fees are competitive and generally in line with traditional estate agents. Other costs to consider...  Commercial Energy Certificate: Quotation on request  Residential Performance Certificate (EPC): from £80 + VAT  Legal Pack: Your solicitor will need to provide a full legal pack. What happens during the marketing process? Below is a breakdown on some of the key events that take place

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during the marketing campaign prior to the public auction from marketing to behind the scenes preparation for the sale. Viewings Viewings take place with a member of the auction team attending to take buyer’s details, answer questions and to

leave the property secure.

BRISTOL AND THE WEST COUNTRY ' S BIGGEST LIVE PROPERTY EVENT

YOUR essential guide TO SELLING PROPERTY AT LIVE ONLINE AUCTION

THE REGION’S LEADING AUCTIONEER SINCE 2010 what is a property auction ?

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LIVE ONLINE

” …We regularly sell properties by auction just like yours…to buyers just like you!… ANDREW MORGAN MBE Hollis Morgan website with video guides and easy to use access to all our Lots and sales archive.

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Auction catalogue We use professional designers to create our stylish auction catalogue, with informative photography, accurate particulars and professionally prepared floor plans. Our contacts We have an unrivalled mailing >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48 Page 49 Page 50 Page 51 Page 52 Page 53 Page 54 Page 55 Page 56 Page 57 Page 58 Page 59 Page 60 Page 61 Page 62 Page 63 Page 64

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