eBay style frenzy nets Network E a Winner

 

“Network-E”, the online bidding arm of Network Auctions has today seen frenetic bidding for a property, usually only reserved for the likes of eBay.

Our Partners Power Bespoke took instructions from their client after recognising that the Vendors best route to market would be the online Auction.

The three-bedroom property located in Horley, Surrey was guided at £350,000, but sold £70,000 over guide for a total of £420,000.

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Last minute bidding was fierce with the price increasing from £381,000 to £420,000, a jump of £39,000, in the last four minutes.

Network Auctions Director Mark Limebear says, “The beauty of using Network-E for this sale versus a sealed bid process is the certainty this provides for the Vendor.  The property is now under offer following competitive bidding and the vendor has an exclusive contract to exchange in 28 days with a non-refundable deposit”.

To Find out how Network E can work for you, call us on 01923 240420 or email Mark on ml@networkauctions.co.uk