Selling a holiday apartment. Traditional sale or via an auction

[wankywomble]

My Dsis and I jointly own a holiday apartment that we have been using as a holiday let over the past 6 months. However the location is popular with families and the management company will not accept dogs in the building. We want to sell but are unsure wether to go to auction or do a traditional sale. Does anyone have any experience of this?

Depends on where it is and the likely demand.
We live in Norfolk, there is a huge demand for holiday rental cottages on the coast, not so much inland

It's on the coast, Seahouses in Northumberland so quite a sought after area.

I would do a traditional sale. I think you'll eliminate a lot of potential buyers with an auction (we had a house we were interested in that went to auction, we chose not to bid at auction, and it didn't sell, we ended up making an offer directly after the fact). I think auctions work well with projects or farms, but not for normal flats by the sea.

Also, are you sure you are marketing it well? I can't imagine a flat would be ideal for families with dogs (we have a dog and I would never in a million years book a flat for a holiday). You might consider a different marketing approach first before you sell.