Your Guide to Selling at Auction
Greenslade Taylor Hunt (GTH) explains how selling at auction offers speed, certainty and competitive pricing through a transparent process. Contracts are exchanged as soon as the hammer falls on the highest bid, and completion normally follows 28 days later, avoiding drawn-out negotiations.
Auctions suit a wide range of property, including land, homes in need of renovation, commercial premises and development opportunities. GTH works closely with solicitors to make sure all paperwork is in place before the sale.
Pricing is central. The guide price is the advertised indication of what the seller expects and should be set attractively to draw interest. The reserve is the confidential minimum agreed between seller and auctioneer, protecting against selling too cheaply, and must sit within 10% either side of the guide.
GTH holds monthly in-room auctions at venues across the South West, which are also streamed online through partner firm EIG to reach bidders internationally.
Results from 2025 included:
• A redevelopment opportunity in Glastonbury, guided at £210,000, sold in the room for £285,000 • 6.75 acres of woodland at Hinton Blewett, guided at £60,000, sold for £106,000 • 2.30 acres of pasture near Axbridge, guided at £50,000, sold for £89,000
The firm's first auctions of 2026 were set for Shilstone House, Ivybridge, on 25 February and Batch Country House, near Weston-super-Mare, on 18 March. Its teams handle everything from homes and farmland to development plots and commercial property.
Source: Greenslade Taylor Hunt, original article (26 February 2026)
