Frequently Asked Questions

Frequently Asked Questions

Please see the most asked questions we receive below, please don't hesitate to contact us if you have further questions.

How quickly will my listing be on all the property websites?

Once approved by our property experts, your listing will be published on Rightmove, Zoopla and Prime Location within 24 hours -48 hours.


What is the difference between ‘Starting price’ and ‘Reserve price’?

Like all auctions, there is a Starting bid, which is a price that is published online and against the brochure of your property. This allows potential buyers to gage the level in which their offers can begin. This is not the sale price of the property, but instead, a guidance. A Reserve price is a minimum amount that the property can be sold for. Each property will have their own reserve price respectively. The reserve price is usually no more than 10% higher than the starting price.

Why should I choose auction over an open market sale?

There are numerous reasons why you may want to sell at auction. One of the main reasons is that of a decreased risk of sales falling through, meaning you can almost guarantee that once you accept an offer on your property; It's a done deal. Another big reason is a fixed timescale. When a property reaches or surpasses its respective reserve price, the property is sold to its highest bidder.

How long does it take for my property to complete once an offer is accepted?

To put it bluntly, no longer than 60 days. Once the hammer falls and a sale is agreed, the successful bidder comes forward and signs a legally binding contract. This is known as ‘Exchange of contracts’. As part of this contract, it will state that completion should take no longer than 60 days.

How much does it cost to sell at auction?


Is the auction only suitable for lower valued properties?

No, the auction is suitable for all property types / sizes / prices. Many types of property will sell at a traditional, often achieving higher sale prices than on the open market. Whether your property is £10,000 or £1,000,000, the auction could be the perfect option for you as a seller.

What is included in my selling fees?

  • Free floor plan
  • Free valuation
  • Professional photography
  • Dedicated Personal Advisor
  • Benefit from utilising our solicitors at a fixed, competitive rate
  • 24/7 Support for buyers and sellers with the ability to book viewings and make offers
  • Live statistics from Rightmove and Zoopla
  • Appear on Rightmove, Zoopla and Prime Location
  • For Sale Board

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