What does guide price actually mean?

What does guide price actually mean?

Our auctioneer, Simon Caplin, explains the correct meaning of the term. Having conducted a straw poll recently, it would appear that many people are unaware of the correct meaning of the term ‘Guide Price’. Some of the explanations I received from the poll ranged from “the final selling price” to “the amount the auctioneer expectsRead more

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Houses in Multiple Occupation and Mixed Residential & Commercial Freeholds, the Flavour of the Month

Houses in Multiple Occupation and Mixed Residential & Commercial Freeholds, the Flavour of the Month

  Houses in multiple occupation and mixed residential & commercial freeholds are two of the most sought after investments at the moment and have been for a while now. Our intrepid auctioneer decided to find out exactly why this is. “It’s all about spreading the risk” explains Simon. One of the concerns buyers have aboutRead more

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2016, Major Changes and Success in the Property Market

2016, Major Changes and Success in the Property Market

2016, Major Changes and Success in the Property Market A wise owl watches for opportunities in the darkness of night, a little like our property teams who keep a sharp eye for opportunities for our clients. We all know what an eventful twelve months it has been with Brexit and the higher rate Stamp DutyRead more

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Secrets of an auction sale revealed

Secrets of an auction sale revealed

The speed, transparency and efficiency of the auction sale, the secret unravelled! Senior Auctioneer Simon Caplin writes, rocket science it is not, however plain and extremely simple it indeed is! When a property is offered for sale by auction, the first thing we do as auctioneers is to write to our clients solicitor requesting aRead more

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Did You Know That During 2016……..

Did You Know That During 2016……..

Parsons Son & Basley’s Auction Department Have enjoyed a record breaking 2016 and by the end of it Will have sold almost £23 million worth of properties From 5 auctions held of those two were completely sold out and the success selling rate was 92.6% of all properties. Without having suffered a single abortive sale (yesRead more

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Auction Success in 2016 as Records Tumble!

Auction Success in 2016 as Records Tumble!

In front of a packed auction house with standing room only, Parsons Son & Basleys November auction raised close to £3 million pounds worth of property sales from the 15 lots that were available providing a success rate of 100%. Auctioneer Simon Caplin, said he was absolutely delighted the success of the latest auction whereRead more

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Sellout Auction Success, More Properties Required For Nov 17th Auction

Sellout Auction Success, More Properties Required For Nov 17th Auction

  Our September property auction was a sell out success this month, and it’s been the same positive result for the last two auctions as the gloomy predictions of economic difficulty haven’t been fulfilled in the auction room, in fact the auction market is buoyant and we are looking for more properties to sell. InRead more

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