Auctioneer's gavel©Image Broker/Rex Shutterstock
Historically, large numbers of estates and farms were sold at auction. Although still popular in some areas of the UK – the south west and Welsh borders in particular – recent years have seen a shift toward selling via an agent by private treaty. With fees for either route typically between 1.5% and 2% of the final sale price, the decision on whether to use an agent or auction is more than purely financial. See also: Farmland – why it […]