Synergy Property Associates are proud to offer Network E a revolutionary new way of selling property. This is a particularly effective way of selling properties or land that might otherwise go to tender or sealed bids and it also takes the best aspects of traditional methods of sale and combines these with a process that adds speed, transparency and security.

Traditional methods of sale often have delays which create uncertainty and lead to around 30% of sales agreed never actually reaching their planned conclusion. This in turn is both frustrating and costly.

Network E is an online, conditional auction combining the speed and certainty of traditional auctions. Which appeals to buyers as well as sellers because the sale is binding and the buyer leaves the auction knowing their purchase is secure. However, the requirement to exchange contracts and pay a 10% deposit on the fall of the gavel make traditional auctions less attractive to buyers with related sales and mortgages.

With Network E it enables a property to be fully marketed to ensure the best price possible is agreed but takes experience from the auction industry in ensuring legal paperwork is immediately ready and an agreed completion date can be set at the outset.

Synergy Property Associates are the only local agent in Westgate on Sea, Margate and the surrounding areas of Thanet in Kent, plus also in and around the areas of, St Neots and Cambourne in Cambridgeshire. In addition to the main areas we cover, we are also able to offer this exciting and proven method of sale, throughout the rest of the UK, through our Network Auction Partners and do so alongside our traditional sales offering.

Sellers Guide
Buyers Guide
Bidders Guide


SUITABLE PROPERTIES

  • Residential
  • Those that don’t fit the price requirements of traditional auction
  • Freehold and leasehold
  • Properties likely to create multiple interests or offers, where you might recommend tender
  • Mortgageable properties
  • Properties that will sell to owner occupiers with related sales and mortgages
  • New homes – an ideal way to sell off plan or at site launch, timescales (completion dates) can be varied to suit

SELLER BENEFITS

  • Opportunity to achieve premium price through competitive bidding
  • Transparency – all interested parties have the opportunity to bid online
  • Speed – 7 weeks to exchange contracts from the start of marketing
  • Money towards expenses if the buyer pulls out
  • Fixed timescales
  • Control – the buyer cannot renegotiate

BUYER BENEFITS

  • Bidding is simple – just log in wherever you are in the world and bid online
  • Transparency – all bids are in the public domain, the process is fair
  • Certainty – their interests are protected by the exclusivity contract – no gazumping
  • Speed – legal pack and fixed timescales work to the buyers’ advantage too
  • All buyers can take part including those with related sales and mortgages


Contact Us Now

For more information please do not hesitate to contact us on 0333 344 9222 or email auctions@synergypa.co.uk .