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Auctions

Auctions

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MODERN AUCTION METHOD

 

This more accessible route, creates a transparent platform for buyers and sellers combining the best aspects of traditional auction and private treaty sales. We offer more realistic yet fixed timescales,opening up the market place for buyers and sellers looking to arrange mortgages as their method of payment. The exchange of contracts has 28 days to take place from the solicitors receipt of draft contracts, whereas with traditional auctions, the exchange of contracts will usually take place as soon as the buyer has won the bid.

The Modern Method of Auction opens the auction market (once reserved for the professional investor or cash-ready buyer) up to residential buyers, creating a larger market place and more interest and activity than traditional auction. It is the preferred route for buying and selling via auction and has changed the perception of auction in the last decade. 

 

  • 0% commission to sell
  • An undisclosed reserve price agreed with you prior to auction
  • A fixed date to sell & move
  • Your property will naturally receive greater exposure from our website, rightmove.co.uk and our online bidding facility which is accessible 24/7. This will significantly increase interest around your property, resulting in more viewings and bids on your lot.
  • Fast and transparent internet based auction process.
  • The security of a non-refundable reservation fee or deposit from the Buyer to secure your property, so you can be sure they are committed to the sale.
  • An experienced auction team to handle the sales process.
  • Seller receives ENTIRE sale proceeds on completion with fee-free option.

TRADITIONAL AUCTION METHOD

 

This is a tried and tested method associated mainly with selling and buying investment properties, due to more restrictive timeframes to exchange contracts and complete the sale. This limits buyers and the interest and activity around residential properties.


  • Clear and transparent sale fees
  • Your property will naturally receive greater exposure from our website, rightmove.co.uk and our online bidding facility which is accessible 24/7. This will significantly increase interest around your property, resulting in more viewings and bids on your lot.
  • Central and prominent Live Auction venue with excellent car parking
  • An undisclosed reserve price agreed with you prior to auction
  • Live on-line bidding facility
  • Contract signed and deposit paid on fall of the hammer
  • Seller received sale proceeds less auction fees.