Selling at auction
With 125-day+ completion timescales*, Private Treaty may not be the best option if you’re looking to sell quickly. Discover the alternative.
The benefits of selling at auction
A speedy sale
The Modern Method of Auction (MMoA) takes just 56-days** from receipt of draft contracts. Alternatively, a Traditional Auction completes in just 28-days, giving you a faster route to sale
Secure transactions
Once the sale is agreed, the buyer pays a non-refundable Reservation Fee, providing peace of mind that they are fully committed, and reducing the risk of renegotiation or fall-throughs
Competitive offers
Transparent bidding lets buyers see each other’s bids, encouraging competitive offers that can help boost your final sale price
No selling fee
With auction, selling fees are typically paid by the buyer, making it a lower-cost alternative to Private Treaty (or “open market”).
With auction, you're in control
Your dedicated Auction Specialist will work closely with you and your Estate Agent to agree on the best auction route for you.
They will discuss a pricing strategy with you, agreeing on both an undisclosed Reserve Price (the minimum amount you'll accept for your property sale) and a Starting Price (the price your property is advertised at, to generate interest).
Your Sellers Guide to Auction
Selling at auction is safe, secure, and straightforward. Once you’ve chosen auction, we’ll work with your Estate Agent to take care of the rest
View our guidePreparing to sell at auction
Every property has an Auction Pack with the key documents buyers need to bid with confidence, speed up Conveyancing. (Leasehold properties may require a Management Pack)
More on Auction PacksAdvertising your property
Your Estate Agent will market your property through advertising, social media, and property portals. It will also be featured on iamsold.co.uk for even greater exposure
Get in touchNot sure where to start?
Get a quick valuation on your property to start the selling process.
Value my propertyThe Auction process
Pricing strategy
Getting prepared
Pre-auction marketing
Ready to go
Bidding
Your property has sold
Next steps
More on selling at auction
*Source: Home Owners Alliance Report 2022
^Based on standard, freehold properties from the point the Draft Contract is issued.
Recently sold properties
Starting Bid
The Guide Price or Starting Bid for each property shows the level at which the bidding will start. These amounts are for guidance only and are not the price that the property is being sold for. This amount may occasionally change during the marketing period. Each Guide Price or Starting Bid has a corresponding Reserve Price. Learn more in our FAQs section.
Starting Bid
The Guide Price or Starting Bid for each property shows the level at which the bidding will start. These amounts are for guidance only and are not the price that the property is being sold for. This amount may occasionally change during the marketing period. Each Guide Price or Starting Bid has a corresponding Reserve Price. Learn more in our FAQs section.
Starting Bid
The Guide Price or Starting Bid for each property shows the level at which the bidding will start. These amounts are for guidance only and are not the price that the property is being sold for. This amount may occasionally change during the marketing period. Each Guide Price or Starting Bid has a corresponding Reserve Price. Learn more in our FAQs section.
Starting Bid
The Guide Price or Starting Bid for each property shows the level at which the bidding will start. These amounts are for guidance only and are not the price that the property is being sold for. This amount may occasionally change during the marketing period. Each Guide Price or Starting Bid has a corresponding Reserve Price. Learn more in our FAQs section.
Starting Bid
The Guide Price or Starting Bid for each property shows the level at which the bidding will start. These amounts are for guidance only and are not the price that the property is being sold for. This amount may occasionally change during the marketing period. Each Guide Price or Starting Bid has a corresponding Reserve Price. Learn more in our FAQs section.
Starting Bid
The Guide Price or Starting Bid for each property shows the level at which the bidding will start. These amounts are for guidance only and are not the price that the property is being sold for. This amount may occasionally change during the marketing period. Each Guide Price or Starting Bid has a corresponding Reserve Price. Learn more in our FAQs section.