English (UK)
Why not try our on-line auction...
We have teamed up with Multi-Award Winning Property Auction Company, IAMSold who provide bespoke auction services to over 2,200 estate agents across the UK.
No Commission!!
Our dedicated Auction site is powered by IamSold - here
What I need to know about selling my property at Auction
Selling at Auction
The methods of auctions have changed over the years and so has the misconception that auctions are limited, dated and only used by cash ready investors. We've partnered with Iamsold who offer both traditional and modern methods of selling your property at auction. Selling your property at auction could be a great opportunity to sell securely and quickly with little hassle.
Benefits of Selling at Auction
There are also many benefits to auctions.
Putting your property up for auction won't cost you a penny until it sells.
Iamsold charge an auction pack fee of £395 inc VAT once the sale is completed on your sale.
0% commission.
No sale, no fee
Can I use my own Solicitor
Yes, of course you can use your solicitor.
The cost of the Auction pack is £445 inc VAT
Selling at Auction . How it works
You, the seller, could keep all the money from the sale. This is because the buyer pays a non-refundable reservation fee, typically 4.2% inc VAT of the purchase price (subject to a minimum of £6,000 inc VAT). At this point the buyer will sign a reservation agreement which secures them the property.
On-line or live auctions?
On-Line
By utilising cutting edge technology and user experience, our online auctions offer a twenty first century way to buy or sell property. With real time updates, 24/7 bidding, and useful tools such as setting a maximum bid for automated bidding, the online auction is a modern and easily accessible way to maximise interest in your property and achieve a fast, secure sale.
Benefits include:
24 hours a day, 7 days a week bidding
Fast and secure
Agree start and end dates
Transparency
Track and view previous bids
Generates competitive bidding
The combination of technology and marketing exposure gives the perfect balance to selling your property fast and at a good price.
Transaction security
With the buyer signing a reservation agreement and paying a non-refundable reservation fee, 95% of Iamsold's transactions go on to complete*. With private treaty (open market) transactions, on average 70% break down leaving buyers and sellers with frustration and costs to pay.
Undisclosed reservation price
Every auction has a reservation price which is set by the seller. This ensures the property will never be sold at a price that the seller isn't happy with.
If selling at auction sounds like something that would interest you, you can find out more about Iamsold here.
* and ** source: Iamsold
