Areas services:
London, Kent, Essex, Hampshire, Dorset, Wiltshire, Isle of Wight, the West Country, Sussex and Surrey.
Clive Emson Land and Property Auctions
Address: Rocky Hill, London Road, Maidstone, Kent, England. ME16 8PY
Phone: 03458500333
Email: [email protected]
Website: www.cliveemson.co.uk
Company House Number: 02399687
Established in: 1989
Social Media Visibility
Clive Emson is regularly posting catalog previews.
Clive Emson allows to watch auctions live via Facebook
67%
EFFECTIVENESS
(94 properties sold out of 141)
94
SOLD LAST MONTH
5
Branches
UNIQUE SELLING POINT:
uses what3words
Good to know:
What locations do property auctions take place in?
They cover the southern part of England. Their main branch is in Maidstone, Kent
What is their main focus?
Clive Emson is an auction house with a main focus on residential properties.
How does it work Clive Emson?
If you are interested in selling your property through Clive Emson, here are the general steps you would need to follow:
- Contact Clive Emson Auctioneers: You can contact Clive Emson either by phone, email or by filling out their online form on their website.
- Valuation: A valuer will visit your property to give you an idea of what it could potentially sell for at auction.
- Reserve Price: You and the valuer will agree on a reserve price for the property, which is the minimum amount you are willing to accept at auction.
- Auction Catalogue: If you are happy with the reserve price, your property will be included in the auction catalogue, which is usually published online and in print a few weeks before the auction date.
- Marketing: Clive Emson will market your property through various channels, including online, print, and social media.
- Auction Day: On the day of the auction, potential buyers will bid on your property. If the reserve price is met or exceeded, the property will be sold to the highest bidder.
- Completion: Once the auction is over, the successful bidder will pay a deposit, and contracts will be exchanged. Completion typically takes place within 28 days.
What is the commision fee that Clive Emson charges
The commission fee that Clive Emson Auctioneers charges for selling a property at auction varies depending on the property’s value and location. Typically, the commission fee is a percentage of the final sale price and is agreed upon before the auction takes place. The fee can range from 1% to 3% (plus VAT) of the sale price, with a minimum fee of around £1,500 (plus VAT).
What are the additional fees that Clive Emson charges?
Clive Emson Auctioneers may charge additional fees on top of their commission fee for selling a property at auction. These fees may vary depending on the property and the services required. Here are some examples of additional fees that Clive Emson may charge:
- Entry Fee: Clive Emson Auctioneers may charge an entry fee to cover the cost of marketing the property and producing the auction catalog. This fee is usually a flat rate and can range from a few hundred pounds to a few thousand pounds, depending on the property’s value.
- Legal Pack: Clive Emson may require you to provide a legal pack for the property, which includes important documents such as title deeds, lease agreements, and planning permissions. If you don’t have a legal pack, Clive Emson can arrange for one to be produced for an additional fee.
- Withdrawal Fee: If you decide to withdraw your property from the auction after it has been included in the auction catalog, Clive Emson may charge a withdrawal fee to cover the cost of marketing and producing the catalog.
- Administration Fees: Clive Emson may charge administration fees for services such as producing auction contracts, arranging for payments to be made, and other administrative tasks.
Pros & Cons
Pro
- Wide range of properties: Clive Emson Land and Property Auctions offers a diverse range of properties for sale, including development sites, tenanted investments, and vacant properties. This can provide buyers with a range of options to choose from.
- Experienced auctioneers: The company has a team of experienced auctioneers and property experts who can provide guidance and support throughout the auction process, potentially giving buyers more confidence in their purchases.
- UK-wide reach: Clive Emson Land and Property Auctions has eight auction venues across southern England and a network of buyers across the UK and internationally, which may increase the visibility of properties and attract a larger pool of potential buyers.
- Fast transactions: Auction sales can be completed quickly, often within 28 days of the auction, which may appeal to sellers looking for a quick sale.
- Transparency: The auction process is often transparent, with buyers able to see what others are bidding and how much they are willing to pay. This may help to create a fair and competitive bidding process.
Con
- Risk of overpaying: Auction sales can be competitive and emotional, which can lead to buyers overpaying for properties.
- Limited viewing time: Buyers may only have a short time to view properties before the auction, which could make it difficult to fully assess their condition and potential.
- No guarantee of sale: Properties may not sell at auction if they do not attract enough interest or reach their reserve price, which could leave sellers without a sale.
- Auction fees: Buyers and sellers may be subject to fees for using the auction service, which can add to the cost of a transaction.
- No legal recourse: Buyers must do their own due diligence on properties before bidding, as auction sales are often final and there may be limited legal recourse if issues arise after the sale.
Upcoming auctions:
15th June 2023
26th July 2023
20th September 2023
FAQ
How does the auction process work?
The auction process typically involves the following steps: property valuation, setting the reserve price, marketing the property, holding the auction, and completing the sale. During the auction, potential buyers bid against each other to purchase the property, with the highest bidder winning the auction.
How long does the auction process take?
The length of the auction process can vary depending on the auction house and the specific property being sold. Typically, the process can take several weeks to several months from initial valuation to completing the sale.
What are the benefits of selling a property at auction?
Selling a property at auction can offer several benefits, including a fast sale, a potentially higher sale price, and a transparent and fair process for both the buyer and seller.
What types of properties are suitable for auction?
A wide range of properties can be sold at auction, including residential and commercial properties, land, and investment properties.
How is the reserve price set?
The reserve price is typically set by the seller in consultation with the auctioneer. It represents the minimum price at which the seller is willing to sell the property.
What happens if my property doesn't sell at auction?
If a property doesn’t sell at auction, the seller can choose to relist the property for sale or explore other options, such as negotiating with potential buyers or reducing the asking price. Read more: click here.
What are the fees involved in selling a property at auction?
What are the fees involved in selling a property at auction? The fees involved in selling a property at auction can vary depending on the auction house and the specific services being offered. Typically, sellers are responsible for paying the auctioneer’s commission, marketing costs, and legal fees.
Can I set a minimum sale price for my property?
Yes, the reserve price represents the minimum price at which the seller is willing to sell the property.
What happens if the sale price exceeds the reserve price?
If the sale price exceeds the reserve price, the property is sold to the highest bidder at the end of the auction.
How are buyers identified and how do they bid?
Buyers are typically identified through marketing efforts by the auction house and can bid in person, by telephone, or online.
Can I withdraw my property from the auction?
In most cases, sellers can withdraw their property from the auction before it is sold. However, this may be subject to certain terms and conditions, such as paying the auctioneer’s fees and covering any marketing costs incurred.
How do I prepare my property for auction?
To prepare a property for auction, sellers typically need to provide detailed information about the property, including a valuation report, legal documentation, and a property description. The auction house may also provide guidance on how to stage the property and present it in the best possible light.
How is the auctioneer selected?
The auctioneer is typically selected by the auction house based on their experience, reputation, and track record in conducting property auctions.
What happens after the auction is over?
After the auction is over, the winning bidder is required to pay a deposit, typically 10% of the purchase price. The sale is completed within a specified timeframe, typically 28 days after the auction.
REVIEWS!
Clive Emson is a well-known and reputable auction house in the UK, with over 30 years of experience in the industry. While they may not have as many reviews as some other auction houses, their reputation and expertise speak for themselves. It is important to note that not all satisfied customers leave reviews, and some customers may prefer to provide feedback directly to the auction house rather than leaving a public review. Furthermore, the lack of reviews does not necessarily indicate poor quality or service, and it is still advisable to research and compare multiple auction houses before making a decision.
Helpful Clue – Make sure to familiarise yourself with the different types of auctions available: while traditional auctions occur in a physical location at a specific time, modern auctions can be accessed from anywhere in the world through the internet.