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Notaries' auctions

The official Châtelet' Chamber
property auction site

How to sell ?

Choosing your fixed price

You and your notary will decide on the fixed price of your choice.

You can choose between two types of fixed price or decide to sell your property with a reserve price :

  • You can set your fixed price at any level you wish up to 90% of the valuation or, on the advice of the Chamber and your notary, you can set a more attractive price so that your property arouses maximum interest.
  • You can also arrange the sale of your property without disclosing a fixed price. In this case, you will be bound to accept the final bid if it reaches the "reserve price" fixed by you in advance. This reserve price is deposited with your notary; it may not exceed the valuation amount. Property is sold at a reserve price without disclosing the fixed price. An opening bid is made and the bidding price increases from there. The vendor is obliged to accept the final bid if it reaches or exceeds the reserve price that he set in advance. If the reserve price is not reached, the vendor can accept the highest bid or refuse to sell.

    As soon as you have chosen the fixed price you confirm with your notary your desire to sell at auction by signing a "Sales requisition" document which confers sole selling rights until the day of the auction.

    Important points
  • Your notary will help you to choose the most attractive fixed price for the auction.

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