easyProperty Auction includes everything you need to sell your property from a property advert on Rightmove and Zoopla to the auction pack and sales progression. The process is completely transparent, and buyers can bid online 24 hours a day, 7 days a week.
easyProperty Auction is all about making things happen. On average, exchange and completion occur within 44 days from receipt of the draft contracts. *
As the seller you only pay for the auction pack if we successfully sell your property and you keep the full sale price. The cost of the auction pack is £445. The buyer will pay a 4.2% auction reservation fee subject to a minimum of £6,000 to secure the purchase of your property.
The online method of auction has a higher completion rate post offer than the open market. Only 5% of properties fall through at auction compared to 28% on the open market. *
You’re in control. You can set a reserve price within 10% of your starting price. Together, we’ll agree the starting and reserve price strategy and how long we run your online auction for.
We advertise your property on Rightmove and Zoopla, the largest portals to get you maximum exposure. Competitive bidding can drive the sale price up resulting in a higher sale price.
The bidding happens online which means that buyers can bid 24 hours a day, 7 days a week from wherever they are.
Please be aware, this product is not suitable for all circumstances. Buyers may factor in the reservation fee payment into the total purchase price which may result in a lower bid price. Please note once a successful auction transaction has been concluded, you may be liable for the reservation fee paid should you change your mind about proceeding with the deal.
Book a free valuation with one of our Local Property Professionals to find out more and to decide if easyProperty Auctions is right for you.
This is also the perfect time to ask your local property professional all about easyProperty Auctions and to decide if it is right for you.
We’ll visit to take photos and create a floorplan. We’ll use these to create a standout advert on Rightmove and Zoopla.
The team will begin preparing the auction pack.
Whilst we are creating the auction pack, we will continue to advertise the property and conduct viewings.
When we have the auction pack ready, at a time agreed with you, your property goes ‘live’, meaning bids can be made via the online auction. We’ll agree with you how long the auction should run for, but this is usually between 14 and 21 days. Bids can also be taken prior and sales can be agreed prior too should you wish to do so.
All prospective bidders must download the Auction Pack and accept the terms before bidding. Bids can be viewed and made in real time, 24/7.
The auction ends, and your property will sell to the highest bidder (on or above reserve), who must pay their reservation fee to meet the terms of the sale and secure the property.
This will take on average between 28 and 56 days. You keep the full price achieved on your property.
Want to find out more?
See our easyProperty Auction FAQ’s
* The statistics provided by IAM Sold (easyProperty’s auction partner) are based on all 1,335 sold transactions between 01.03.17 and 31.08.17