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Auctions organised by notaires

08.02.2017

­Even though they are not very well known, voluntary notarised auctions (or ventes à la bougie - sales by candlelight) - are an original way of selling your property.

They are held in the chambers of notaires, on site or on premises near the property being sold.

What documents do I need to sell a property? Consult the guide "Selling property"

  • Before the sale

    • The notaire and seller agree on a starting price, which is usually estimated at 75% of the property value.

    • The notaire then advertises the sale in the press, on posters, on the Internet, etc.

    • During the three weeks running up to the actual sale, the notaire, whose contact details appear on the advertisements, answers any questions from potential buyers. He also tells them the time and day on which the property may be viewed.

  • On the day of sale

    • Following the announcement of the reserve price and the amount of additional costs borne by the contractor, we light a little bit that materializes the auction begins.

    • During the auction, each bit that turns off is replaced by a new one, and so on.

    • After the extinction of two successive fires, materialized by the smoke that escapes, and without new auction occurred during combustion, the award is pronounced in favor of the highest bidder.

    • The deposit cheque submitted by the buyer to be able to bid is cashed immediately.
      The buyer then has 45 days in which to pay the balance (If no higher bid has been made within 10 days after the meeting).

  • Find a notaire

    • Find the details in the Directory of Notaires of France.
      Real estate and tax specialist, your notary is at your disposal to help you.

See also
06.25.2014
The role of the Notaire
02.06.2018
Conseil du coin : meet a french notaire to a cafe !
13.11.2017
French property market report / N°37
Marius Kohler nouveau president des notaires d'europe - Janvier 2018
19.01.2018
New Presidency of the CNUE