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What happens next?
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Auction at a glance
The Modern Method of Auction (also known as a ‘Conditional Auction’) is a flexible and secure method of sale that gives buyers more time to get everything ready, with contracts typically exchanged and completed within 56 days* of the draft contract being received.
Auction timeline
Here’s a more detailed overview of the key milestones within the Auction process:
View a property
Found a property you like? Get in touch with your agent to book a viewing.
Create your account
Set up your iamsold account so you're ready to bid when the time comes.
Register to bid
Once you’ve created an account, register to place your first bid.
Bid at Auction
Bid with confidence now that you're registered and the property is live.
Winning an auction
Congratulations, you are the winning bidder! You will receive a call from your Auction Specialist to pay the Reservation Fee.
Next steps
Get ready to provide your ID and ensure we have your Solicitor information to jump-start the Conveyancing process and finalise your purchase.