Need a faster sale in and around Preston? Why you might want to sell at auction

If you’re looking for a quicker and more certain way to sell your home in Preston, selling at auction could be the perfect solution. Many people still think auctions are only for rundown houses or repossessions, but that couldn’t be further from the truth. These days, property auctions in Preston attract everyone from first-time buyers to investors and families who are ready to move quickly.

At Dewhurst Homes, we’re proud to offer both traditional estate agency sales and an auction service, so our clients can choose the best route for their circumstances. The great news is that both routes are fully supported by our local expertise, experienced valuers, and trusted advice.

What does selling at auction mean?

When you sell your property at auction, your home is marketed to a wide audience just as it would be through a normal estate agent. The difference is the speed and certainty of the process. You agree a reserve price (the minimum you’re willing to accept), and buyers then compete to bid on your property. Once the winning bid is accepted, the buyer is legally committed to complete the purchase within a fixed timeframe.

In short:

• You set the rules
• Buyers compete fairly and transparently
• Once it’s sold, it’s sold

The benefits of selling your property at auction in Preston

Let’s take a look at why selling your house at auction in Preston can be such a strong alternative to the traditional approach.

1. A faster, fixed timescale

If you need to move quickly, auction is hard to beat. In a traditional sale, it can take months for offers, surveys, mortgages and chains to line up. At auction, your property can sell within weeks, with completion usually set within 28 days. It is a huge advantage for sellers who want to plan ahead with confidence.

2. Certainty and peace of mind

One of the biggest frustrations in a standard sale is the risk of fall-throughs. Even after accepting an offer, buyers can withdraw or renegotiate. When you sell at auction, once the hammer falls, the buyer is legally bound to go through with the purchase. That means fewer sleepless nights and much more certainty.

3. Transparent process and fair competition

With an auction, everything is out in the open. Buyers compete transparently, so you can watch genuine interest drive up the price. The process feels clear, fair and efficient. You also have full control by setting a reserve price, ensuring your home never sells for less than you are happy with.

4. No estate agency fees

One of the biggest advantages of the Dewhurst Homes auction service is that sellers do not pay any estate agency fees. It is a transparent, no-hidden-cost process that gives you more control and keeps things simple.

5. Perfect for certain types of properties

Auctions are ideal for homes that might take longer to sell on the open market. That could include:

• Properties that need modernisation
• Unusual or quirky homes
• Tenanted or investment properties
• Inherited or probate sales
• Homes with title or lease complexities

That said, many standard homes now sell successfully at auction because of the speed and reliability it offers.

6. Serious, committed buyers

Auction buyers are typically ready to go. Most have cash or confirmed finance, meaning fewer delays and far less back-and-forth. It is one of the reasons why the completion rate for Preston property auctions is so high.

Comparing auction vs traditional estate agent sales

At Dewhurst Homes, we believe in offering both routes because every homeowner’s needs are different.

Feature	Traditional Sale	Sell at Auction
Typical sale time	8–16 weeks	Often within 28 days
Fall-through risk	Moderate to high	Very low
Fees	Seller pays	Buyer pays
Price	Negotiated	Competitive bidding
Certainty	Can change after offer	Legally binding
Ideal for	Long marketing timeframe	Quick, certain sale

Both methods have their place. For some sellers, especially those with time on their side or high-value homes, the traditional route might achieve the very top market price. For others, especially when speed, security or simplicity matter most, selling at auction in Preston can be the smarter option.

What types of properties sell well at auction?

Properties that often perform well at auction include:

• Homes that need modernisation
• Inherited properties or probate sales
• Tenanted or investment properties
• Homes with title or lease complexities
• Properties where sellers want a quick, definite sale

However, even well-presented family homes are increasingly being listed through auction, especially in areas like Penwortham, Fulwood and Longridge, where strong local demand helps drive competitive bidding.

The auction process made simple

Selling your home at auction might sound intimidating, but it is actually straightforward. Here is what to expect:

1. Free property valuation

We will assess your property and advise whether auction or traditional sale suits your goals.

2. Agree your reserve price

This ensures your property will not sell for less than you are comfortable with.

3. Marketing and viewings

Your home is promoted across multiple platforms with full professional photography, local marketing and national exposure.

4. Auction day (online or live)

Buyers place bids within a fixed timeframe. Once the highest bid meets or exceeds your reserve, the sale is agreed.

5. Exchange and completion

The winning bidder pays a deposit immediately, and completion typically follows within 28 days.

Fast, fair and final.

Is auction right for you?

You might want to consider selling your house at auction in Preston if:

• You have struggled to sell through the traditional route
• You are on a tight timeline to move or release funds
• You are managing an inherited or investment property
• You want to avoid long chains and uncertainty
• You would prefer a transparent process with no fees

Every seller’s situation is unique, which is why Dewhurst Homes offers honest, no-obligation advice on whether auction is right for you.

Why choose Dewhurst Homes for your property auction in Preston?

With over 20 years of experience as trusted Preston estate agents, we combine deep local knowledge with modern marketing and an expert auction service. Our team handles everything from valuation to completion, ensuring a smooth and stress-free experience.

• Local expertise across Preston and surrounding areas
• Transparent process with no seller fees
• Professional marketing and expert support
• Buyers ready to act fast
• A team who genuinely care about getting you the best result

Final thoughts

If you are wondering whether selling your home at auction in Preston could work for you, the answer might be yes, especially if you are looking for a faster, simpler and more secure way to sell. Auctions offer speed, certainty and transparency, while still giving you control over the price and process.

Whether you choose a traditional sale or an auction, Dewhurst Homes can help you achieve the best outcome for your property.

Get started with a free, no-obligation valuation today:
dewhursthomes.co.uk/valuation