Discover the benefits of selling your property through our specialist auction service.
For over 20 years, our sister company, First for Auctions, has sold thousands of properties through auctions. With auctions occurring online and featuring modern marketing techniques, selling a property this way has never been easier and more efficient.
Through our auction partners, we offer a comprehensive auction service that includes:
We offer modern auction methods that provide greater flexibility for both buyers and sellers, combining the certainty of auction with the benefits of private treaty sales.
Success rate at auction
Average sales about guide price
Days typical completion time
Legal commitment after hammer falls
Selling at auction can be an excellent option for certain properties and situations. These include properties in need of renovation or modernisation, unusual or unique properties that are difficult to value, and investment properties with tenants in place. Auction is also ideal for probate properties and executor sales, situations where a quick sale is required, when you want the certainty of completion, and properties with development potential.
Complete sales within 28 days of the auction – once the hammer falls, the buyer is legally committed
Multiple bidders can drive the price higher, with no risk of sales falling through due to broken chains
The entire process is open and fair with clear deadlines for completion
With contracts exchanged in as little as 4 weeks, selling property at auction is simple, fast and certain.
Speak to one of our friendly agents for tailored advice.
The guide price is the advertised price that gives potential buyers an indication of the seller's expectations. The reserve price is the minimum amount the seller is willing to accept and is confidential between the seller and the auctioneer. If bidding doesn't reach the reserve, the property remains unsold.
From instruction to completion, the auction process typically takes 6-8 weeks. This includes 3-4 weeks of marketing before the auction date, and completion usually occurs 28 days after the auction. Modern auction methods may offer more flexible timeframes.
Auction fees typically include an entry fee (sometimes refundable if the property sells) and a seller's commission (a percentage of the sale price). There may also be marketing costs and legal pack preparation fees. We provide a clear breakdown of all costs before you commit.
If your property doesn't reach its reserve price, it remains unsold. However, our auction team will often facilitate post-auction sales by negotiating with the highest bidder or other interested parties. Alternatively, the property can be entered into a future auction or marketed through traditional methods.
Yes, properties with sitting tenants can be ideal for auction, as they often attract investors looking for immediate rental income. All tenancy details must be disclosed in the legal pack, and the tenants' rights remain protected throughout the sale process.