There are 8 simple steps that are taken to sell a property at auction.
2
Property valuation – contact us for a free valuation where we can advise on the value and the best way to sell your property by unconditional auction, or conditional auction.
3
Reserve price – we will agree a confidential reserve price with you, which is the minimum the property can be sold for.
4
Marketing – using modern marketing techniques including virtual tours, we will generate as much interest as possible prior to auction day.
5
Legal pack – your solicitor will need to prepare a legal pack for your property which interested buyers can inspect before they bid at auction.
6
Viewings - set times and dates are arranged for interested buyers to be shown your property by our local experts.
7
Auction day – our online auctions take place every month. Watch the bids live on your property from wherever you are at the time!
8
Contract exchange – when the reserve price is met or exceeded, contracts are exchanged with the highest bidder when the auction ends, and your property is sold. The buyer signs the sale memorandum and pays a 10% non-returnable deposit.
9
Completion – success! Completion normally takes just 4-6 weeks after the auction and this is when you’ll receive the balance of the sold price.
4.9/5
Customer satisfaction on Google
82%
Sold success rate
100,000+
Buyers registered in 2024
How much is your property worth?
Selling a property at auction is efficient, transparent and certain. Find out if selling at auction is the best option for your property sale.
I sold a small flat with a short lease using First for Auctions. I had never done this before and was slightly trepidatious. Gareth immediately put me at ease with his professionalism and knowledge of the market. The whole process was seamless and stress-free, and my flat sold for much more than I was expecting. Highly recommend indeed. Thanks, Gareth and team.
Mark Thornicroft
Today
Thanks to everyone at First for Auctions especially Simon. Great Service with regular updates at all times and such a quick process to complete. A++++++++++
michael roberts
9 days ago
The team at First for Auctions were professional and supportive throughout the entire property auction process. They offered practical, common-sense solutions at every stage and kept communication clear and efficient. Their expertise and dedication made the experience as smooth as possible and ultimately, successful. So when you feel like you may be out of options call First for Auctions! Highly recommended.
