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

Our fast, secure auction service

 

iamsold is the pioneer of the Modern Method of Auction and the market leader in online auctions, with over 60% market share. We offer the most complete and comprehensive range of property auction services in the UK, offering a range of auction types and formats to suit a client’s specific needs and circumstances.

Modern Method of Auction (Conditional)

Our most popular auction method, combining the best of both Private Treaty and Traditional Auction. Offering the speed, transparency, and security of a Traditional Auction but with extended exchange and completion timelines to within 56 days of the auction ending. This extended timescale makes auction more accessible to a wider range of buyers including mortgage and first-time buyers, helping to generate a greater level of interest for a property.

  • This method offers quick but more flexible timescales of 56 days to complete
  • More flexible timescales allow interest from first-time and mortgage buyers as well as investors
  • Security for both buyers and sellers through a non-refundable Reservation Fee and Reservation Agreement

Traditional  Auction (Unconditional)

In Traditional Auction transactions, exchange of contracts takes place as soon as the auction ends. The buyer is required to pay a 10% deposit at the point of exchange and must complete within 28 days. This is the most secure and the fastest method of sale; however, it can limit interest to cash and investment buyers only.

  • It usually more suited to vacant properties, or those not suitable for mortgage lending
  • It provides complete security as exchange takes place at the end of the auction
  • Fixed timescales of 28 days to complete
3,886 In 2019, we sold 3,886 properties at auction
68,000 Property Viewings Arranged in 2019
54 Days Average of 54 days to complete
95% Success rate
Are you an agent? Contact our Account Management Team who will discuss how auctions can offer you valuable new revenue streams.

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 18th November 2020 Molineux Stadium, Wolverhampton, WV1 4QR Accept Terms to Bid: 18:30 | Auction Starts: 19:00

Great North Property Auction

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

Lancashire Property Auction

Wednesday 25th November 2020 Bolton Whites Hotel, Macron Stadium,De Havilland Way, Bolton, BL6 6SF 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.

 
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