Top Record Smashed at Symonds & Sampson Auction
March 2009
Symonds & Sampson's auction on 26 March at Sherborne in Dorset was a milestone for the firm with just under £5million worth of property sold, showing a 100% success and a new record for the firm for a single lot sold at auction at £1.6million.
Auctioneer, Mark Lewis, was very satisfied with the result.
This auction has really put down a marker in these very difficult times, but if you get your marketing right then the rewards will follow and we started the build up to the auction on Valentine's Day and after a concerted advertising campaign, both nationally and regionally, it made sure that we attracted a crowd of around 500 in the sale room.
Mr Lewis was sanguine about whether this auction proves that the property market is back on track. 'There is the old phrase that one swallow does not make a summer but I think that this shows that so long as the right properties are in the room with the right firm of Auctioneers, then sellers have a very good chance.
'The auction included properties in Wiltshire, Somerset, Dorset and right down to Devon borders with the top price being Higher Pound Farm; a farmhouse with holiday cottages and 65 acres near Lyme Regis selling for £1.6million.
'Farmland sold to a stunning £8,000 an acre whilst a multi-development site, sold to a local investor, proving perhaps that both confidence in the property stabilising once these houses are built.'
Symonds & Sampson's next auction is 29 May 2009 and now they invite entries and for a free market appraisal please telephone Mark Lewis 01258 473766.
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