Buying

Video: Sell Your Home Through the Modern Method of Auction

Posted on: Friday, March 9, 2018

Have you thought of selling your home at an auction? It’s not only developers and bargain hunters that buy at auction. In fact, homes of every price and finish are selling through the modern method of auction. This is what you need to know.

How long do Auctions last?

Auctions can run for 14-28 days, so buyers have time to set their budget and bid accordingly.

When will completion happen for auction sales?

It’s a quick turnaround so you can move faster. Completion will happen within 56 days of sale.

Who can bid for my auction property?

Both cash buyers and mortgage buyers can bid for your home. They just need money up-front for their reservation fee.

Non-refundable reservation fee

Fewer sales fall through because of the non-refundable reservation fee, so you can be more confident in your sale. Plus, everything happens safely and securely online.

Save money on estate agent fees

You can save money on estate agent fees. With an auction, the buyer pays the auction fee so there are no fees for the seller. You may just need to pay a small marketing fee.

Higher price than expected

Competitive bidding can drive up the sale price, so you could sell for a higher price than you expected.

The Guild is a network of the best 800 independent estate agents around the country. Your local Guild Member can help you sell through the modern method of auction, so you know you are dealing with a local property professional.

Find your closest Guild Member at guildproperty.co.uk/find-a-guild-member

Recent News

Buying a period property

2025 outlook: save on Stamp Duty before it's too late

Stamp Duty on second homes: all you need to know

Read What Our
Customers Say

Having gone through Stevens estate agents for renting out a property and also selling a property I cannot recommend them enough. They are very efficient at answering questions and they ensured the sale of my property proceeded as quickly as possible making sure I was always kept up to date.

The landlord service is fantastic too and they maintained the rented out property so I didn’t need to get involved even when problems did arise .

A fantastic , professional team who are always so helpful.

The team were really responsive to queries that we had regarding our purchase. Having dealt with a number of Estate Agents in the past I would rate Stevens as one of the best that we've worked with. Hannah was excellent at keeping us informed throughout.

Very thorough service, all queries promptly followed up and some additional small requests for instance dealing with house clearance and cleaning (because the sellers were not local) undertaken without additional charge.

A trouble free transaction, much appreciated.

Went the extra mile to aid our recent home purchase.

Always helpful person on the end of telephone.

Attention to personal detail, which does make you feel that you are important

I am extremely pleased with the service and care taken with Stevens Estate agents. They handled everything from valuation to completion which helped with the painful process of selling our mums house. Thanks to all the staff.

How Much is Your Property Worth?

Request a valuation from Stevens Estate Agents.

Book a Valuation