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The Award Winning Auction Service Provider Offering a wide range of flexible auction routes

Our Flexible Auction Services

iamsold is the pioneer of the modern method of auction and no other auction provider in the UK and Ireland offers estate agents such a complete and comprehensive range of property auction services.

Over 2,000 estate agent branches currently combine their local knowledge and property expertise with our award-winning auction service, allowing them to offer their sellers and buyers with both traditional and modern methods of auction.

iamsold have auctions that take place online which allow interest to be registered and bidding to take place 24/7, as well as live auction events nationwide.

 

TRADITIONAL METHOD OF AUCTION

A familiar auction method that usually takes place at a live auction event. It offers the buyer and seller speed and complete security as the buyer makes payment of a 10% deposit and exchange of contracts takes place straight away. Completion takes place 28 days later.

These more restrictive timeframes can limit interest to cash buyers and investors so its usually best suited to those that need a quick sale, are not in a chain, or have a property that wouldn’t be considered as suitable for mortgage lending.

 

THE MODERN METHOD OF AUCTION

The modern method of auction combines elements of private treaty and traditional auction, making it a more accessible auction method. These auctions usually take place online, creating a larger marketplace which helps gather more interest and activity.

This method offers the security of traditional auction as the buyer pays a non-refundable reservation fee and signs a reservation form, committing them to the purchase. Like traditional auction this method has fixed timescales, however, these are 56 days to complete making this auction method accessible to mortgage and residential buyers as well as investors and cash buyers.

This method is often best suited to sellers that are looking for the speed and security of an auction with a larger buyer market.

3,888 Sales Agreed in 2019
68,000 Property Viewings Arranged in 2019
£488,287,000 Raised In Sales in 2019
6,700 Online Auctions in 2019
Find out how much your home is worth with a free no obligation valuation.

Upcoming Public Auctions

Below is a list of the next upcoming public auctions happening nationwide.

A full list of upcoming auctions is available by clicking on the 'Download Calendar' button.

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West Midlands Property Auction

Wednesday 23rd September 2020 Molineux Stadium, Wolverhampton, WV1 4QR Accept Terms to Bid: 18:30 | Auction Starts: 19:00

Great North Property Auction

Thursday 24th September 2020 Emirates Riverside Cricket Ground, Chester le Street, DH3 3QR Accept Terms to Bid: 18:30 | Auction Starts: 19:00

West Yorkshire Property Auction

Wednesday 14th October 2020 Cedar Court Hotel, Calder Grove, Wakefield, WF4 3QZ Accept Terms to Bid: 18:30 | Auction Starts: 19:00
First class customer service, excellent value for money and constant updates. The staff were very friendly and always polite and professional. I would highly recommend to my family, friends and colleagues. First class service from a first class business.

Available Properties

Starting Bid and Reserve Price

*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by IAM Sold.

 
The simplest way to keep up-to-date is to register your details below and we will send you our email communications.