Stage 4 – Bidding & Auction Outcomes
Stage overview
• Property enters live auction
• Bidding takes place online
• Outcome confirmed at the end of the auction
Whats happening
Buyers are actively placing bids and the auction is progressing in real time.
• Auctions typically run 2–14 days
• Bids are placed online
• The timer may extend if bids are placed near the end
Possible outcomes:
Successful bid (at or above Reserve Price)
• Property is sold
• Moves to Reservation process
Below Reserve Price
• Seller may accept or relist
No bids
• Property may be relisted
Bids can be accepted at any stage of the auction process as some bids may be placed prior to the auction starting.
How you can help
Preparation and understanding the process will help you bid with confidence.
• Complete all checks before the auction ends
• Understand fees and auction terms
• Have solicitor, ID and funding details ready
What to expect
The auction is designed to give all bidders a fair opportunity.
• Bidding screen shows fees before confirmation
• Auto bidding may be available
• Timer resets in final moments to allow fair bidding
When to contact us
If you’re unsure about the process or next steps, get in touch.
• For questions about bidding
• If you’ve missed a call from us
Bidding & Auction Outcomes FAQ's
The full Buyers journey
Stage 2: Creating an account & registering to bid
Once you’re interested in a property, the next step is to register.
ViewStage 3: Buyer information pack
This provides the legal and material information you need to make an informed decision before bidding.
ViewStage 4: Bidding & auction outcomes
This is where the auction takes place. Registered buyers can place bids, and the process is fully transparent.
ViewStage 5: Reservation process & ID checks
If your bid is successful, you’ll move into the Reservation process.
ViewStage 6: Journey to completion
This is the final stage, where the legal process is completed and ownership of the property is transferred to you.
View