Our modern method of online auction is a tried and tested way of selling any property. Our dedicated team is committed to maximizing the exposure and value of your property on a global scale. We’ll guide you through the entire process, ensuring you have the support and knowledge you need.
The Benefits of Selling by Auction
Selling by auction offers several advantages over traditional methods:
- Guaranteed Price: We set a reserve price, the minimum you're willing to accept. Your property won't sell for less unless you explicitly agree.
- Enhanced Visibility: Along with our extensive applicant list, we market on the major websites, including Rightmove and Zoopla.
- Overachieve: A competitive starting bid attracts more interest, potentially leading to a higher sale price.
- Efficient Process: Our online bidding platform allows buyers to place offers conveniently, anywhere. Registering to bid only takes 5 minutes.
- Committed Buyers: A non-refundable reservation fee is taken upon offer acceptance to ensure buyers are serious about their offers.
- Expert Support: Our team handles viewings and the entire transaction process, providing you with peace of mind.
- Quick Turnaround: A 4-week marketing period with 28 days to complete, means you could be sold, with the money in your account in as little as 8 weeks (average time via private treaty takes 25 weeks*).
How It Works:
- Setting Up: We agree on a reserve price, known only to you and our team. A lower starting bid is set to generate interest.
- Legal Preparation: A legal team prepares a comprehensive legal pack, allowing buyers to conduct due diligence efficiently.
- Showcasing Your Property: Potential buyers can view your property, via block viewings, and we'll keep you updated on feedback and offers.
- The Auction: The online bidding platform facilitates transparent bidding, ensuring you achieve the best possible price. The bidding is only open for 2 hours, creating urgency from the buyers
- Securing the Sale: Successful bidders pay a deposit, demonstrating their commitment to the purchase.
- Smooth Completion: We transfer buyer details to your solicitor, and our team oversees the legal process until completion.
By choosing our auction service, you're choosing a seamless and profitable way to sell your property.
*Zoopla selling home guide September 2024
