Auctions are infrequent and they are a lottery. You also have to wait for the next auction in your area, pay in fees and even then completion can take weeks or even months.
Many clients come to us with estate agent valuations that the agent themselves has been unable to realise. Sometimes these properties have been on the market for 6 months to a year. Estate agents are like weather forecasters. They guess at a valuation in order to attract clients and then hope they can realise it. Sometimes this approach works and sometimes it doesnt. In any event selling through an agent takes a significant time and carries significant cost. We on the other hand put our money where our mouth is and we have numerous options post sale that agents dont so we can often come pretty close to the open market value. Thing is you have nothing to lose to find out.
