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Selling at auction

 
 
 
 

Sell your property using the modern method of auction

By using our modern method of property auction, we allow our customers to sell their properties quickly, for the maximum market price and without having to pay any agency fees.

For some sellers their initial reaction to auction is that 'it's only for desperate people' or 'I'm not giving my house away' or 'it's only for run down properties.' The truth is that auction offers a secure method of selling a property, providing a platform for exposure whilst you retain control of the process.

All properties are sold subject to a reserve price. Your property won't sell for less than your agreed amount meaning you are in control of the price you accept.

 

 

Our guide to selling at auction

All properties are sold subject to a reserve price. Your property won't sell for less than your agreed amount meaning you are in control of the price you accept.

With over 25 years of auction experience and an expansive partner agent network we can ensure maximum exposure on a national scale for your property.

Selling your property at auction offers a host of benefits that are not available to you when selling using traditional methods. Read through this guide to discover the advantages of selling at auction.

A reserve price is agreed on your property, this is the lowest figure you would accept and we cannot sell the property for anything less than that amount.

A starting bid is set, your property will be entered into our next auction and will be advertised in the catalogue or entered into our 'online auction' with a fixed end date.

Buyers can view the property before the auction date and we encourage them to do so, as on the fall of the hammer they are committed to purchasing your property.

You will be kept updated with feedback from viewings and offers prior to the auction. If you are selling unconditionally your solicitor will produce a legal pack with all the information a buyer will need to exchange contracts.

The property goes to the auction room and will sell for the highest bid above the reserve. We take the reservation fee and deposit from the buyer and pass their details and the paperwork to your solicitors to complete the transaction.

No estate agency or auction fees

You have the option to sell without any auction or estate agency fees. An additional reservation fee is collected by us on agreeing the sale, giving you the full auction advertising and marketing without any costs to you.

Security

Once the sale is agreed, the buyer immediately pays a deposit, meaning the sale is highly likely to succeed - fewer than 1% of our sales fall through

Fast, fixed, timescales

The buyer must complete within 28 or 56 days, meaning your property gets sold fast.

Complete flexibility

The sales process is quick and hassle-free; we do the legwork, get your property sold and take the stress out of your property sale.

 

 

Selling at auction FAQs

If you have not considered selling your property through the modern method of auction before, we are sure that you will plenty of questions to ask. Here are the answers to some of the most common questions we get asked.

What is a legal pack?

An auction legal pack is produced by the seller's solicitors for buyers to view prior to bidding. These packs are available on all lots marked (U) & (UR). They contain copies of searches, land registry documents, leases, special conditions and any other necessary documents to allow immediate exchange of contracts. We strongly recommend you thoroughly read through a legal pack and consult with a solicitor if you have any concerns before bidding on an unconditional lot.

What is the reservation fee?

A reservation fee applies to any properties marked (CR) & (UR) The seller has elected to sell their property under these terms and conditions and an additional fee applies separate to the purchase price.

Can I view a property prior to auction?

Yes. We would strongly recommend potential buyers view any lots before placing a bid.

 

 

Free Instant sales valuation

Whether you are ready to sell your property or if you are just curious as to what value your property might achieve in the current market, our online valuation tool will give you an instant estimated value of your property. For a more accurate property valuation, based on our local market knowledge, you will also be given the option of scheduling a free, no obligation market appraisal with one of our team of trained property professionals.

 

 

Why choose Jezzards

Whether you are buying, selling, renting or letting, you couldn’t have made a better choice than Jezzards.

But don’t just take our word for it; Customers review our services on the independent review site Feefo, where you can see what we are really all about. 

 

So whether you are thinking of selling your property for the first time or you're an experienced seller looking for a new estate agency service, please get in touch to discuss your requirements.

Remember, should you ever need to contact us, our customer service centre is available for you, 24 hours a day, 7 days a week on 03330 433 633.

 

What our clients say about us

  • " The sales negotiator Lowen was excellent. He was very professional and always available to help with queries. He found me the right property and kept me up-to-date throughout the sales process. Always returned my calls and informed me at every stage of the sale. Would highly recommend Jezzards and Lowen. "

    Anonymous February 2018
  • " Quick sale, good communication! Estate agent : Lowen "

    Marioara February 2018
  • " Customer service was excellent. We sold our flat with them and we can not fault them. They arranged lots of viewings and kept us updated at every stage. Abigail Ramsey was particularly helpful at keeping contact with us and doing all she could to get as many people through the door, which is all we can ask for. "

    Anonymous January 2018
  • " The sales negotiator Lower Michael was very professional, enthusiastic, and efficient. He has great knowledge in sales, advised me accordingly and made 100% effort whilst showing clients the house to sale. He was excellent! Very kind and very friendly. Thanks to his hard work, we sold our house!! "

    Saima January 2018
  • " This is just a short note to thank Jezzards and Lowen Michael He is an excellent cooperation, super courteous response and agreeable communication, he always have been polite, pleasant and happy to help. "

    Ahmed January 2018
 
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