Sale instruction received to dispose of 157 Great Ancoats Street, Manchester
Completion of high-quality and detailed marketing presentation. Clicktopurchase® instance created, including complete legal package. First offered to market at £1.25m
Listed on sales platform.
Marketing put on hold as the selling bank assessed viability of undertaking improvement works to enhance exit price, rather than selling around £750,000 this being the value having been established by the sales campaign.
Seller approval to accept a clicktopurchase® online offer to treat if submitted at £750,000. Information conveyed to various interested parties who reviewed legal package and cleared verification ahead of submitting offers in the region of £700,000 to £750,000.
Interested party inspected and expressed interest to acquire instantly.
Interested party cleared verification and submitted online clicktopurchase® legal offer at £900,000.
clicktopurchase® offer accepted. Online legal contract formed.
Electronic audit trail of transaction recorded in immutable Blockchain ledger.
A difficult asset but the extensive marketing established the market value. However, depth of marketing identified a special purchaser who submitted an aggressive legal offer online just one day after inspecting. Instance acceptance of the offer demonstrated the certainty of sale by our approach.