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How property auctions work

There are eight simple steps to sell a property at auction.

1

Property valuation – contact us for a free valuation, where we can advise on the value and the best way to sell your property, either by unconditional auction or conditional auction.

2

Reserve price – we will agree on a confidential reserve price with you, which is the minimum the property can be sold for.

3

Marketing – using modern marketing techniques, including virtual tours, we will generate as much interest as possible before auction day.

4

Legal pack – your solicitor will need to prepare a legal pack for your property, which interested buyers can inspect before they bid at auction.

4.9/5

Customer satisfaction on Google

82%

Sold success rate

100,000+

Buyers registered in 2024

Selling your house at auction starts here 

Once you understand how property auctions work, you can request a free valuation with our expert team. Need more advice? Let’s talk.

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4.9/5

rating from 161 reviews

Google Reviews
The auction route was faultless as everyone involved in the process was extremely competent, experienced and easy to deal with. This made what for us was a very anxious first experience of auctions a very smooth sales process. The lower guide price attracted plenty of buyer interest highlighting the potential for buyers to add value and the final sale price received was significantly higher. There is no shortage of 3 bed vacant possession properties for sale in our area on the open market. From our property first being advertised to auction day was 4 weeks and we completed 6 weeks later. Our team included Alex (First for Auctions), Jo (Clifton Ingram solicitors) and George (Northwood Gibbs Gillespie estate agents). We would use them all again without hesitation.
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graham malcolm
Today

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