A streamlined buying process where deals are made

Auctions are for the motivated. That’s motivated buyers who are looking to immediately secure land or property at a fair price. It’s also for motivated sellers who want a quick sale on their home rather than letting it stagnate on the open market.

An auction room is a place of opportunity. A place that offers bargains for investors and first-time buyers alike. Sellers are willing to take a deal because they get to be free of their property within 28 days. This means that you can secure properties for more reasonable prices than you can on the open market.

When buying through estate agents, you’re likely buying from unmotivated sellers who want more than their home is worth. They might be stuck in a chain and unable to sell as fast as you would like. So, if you’re looking for a quick purchase and a bargain, then our online auctions offer the perfect solution.

Below is our step-by-step guide to buying an auction property online with us. If you’d like to view an example online auction before registering for a lot, then you can view our next auction here.

Step One- Make an Inquiry/Book a Viewing

Step Two- Due diligence

Step Three-Register with us

Step Four- Submit Your bidding form online

Step Five-Auction Day

DURING THE ONLINE AUCTION

You will be able to bid once the auction has started - this will be in pre-determined bid increment levels using the on-screen buttons. You will be able to see your own details on-screen to aid with the process, but these will remain private to you and cannot be seen by other bidders. Other bidders are represented on-screen by a bidder number, i.e., Bidder 2 or Bidder 3, and are listed in numerical order. An on-screen header will also indicate if you are the current highest bidder or if you have been outbid.

* Timing and Bid Extensions/sniping

Bid extension is like a virtual version of a live auctioneer raising the hammer and inviting final bids before closing the Lot on the fall of the hammer.

'Sniping' is a practice seen on eBay and other auction sites. It is where you leave a bid until just before the auction is due to finish in the hope that you are the last and highest bidder. Our system extends the end of the auction by one minute every time an additional bid is placed after the scheduled closing time. So long as there was a bid placed in the last scheduled minute, the clock will start again until there has been one minute of 'bidding silence'.

At this point, the virtual hammer falls to signify the end of the auction and whoever offered the highest amount wins the property.

If you successfully win the auction, then a member of our team will contact you. They will help you with the next steps and give you any information that you need. You will have 28 days to complete the sale.

If this process sounds quick and effective, that’s because it is. The whole process has been designed to leave you walking away with a new home or addition to your portfolio in as little as 7-28 days. Much quicker than being caught in a chain on the open market.

 

Buy your new property today

With bargain deals and quick sales, there is no place like auction for buying your new property. As its popularity grows, our list of properties is beginning to expand in range. Auction is no longer a place that just offers run-down homes.

We now list healthy family units and sizable plots of land with planning. You don’t need to be an investor to benefit from our online auctions. But if you are, then it’s the perfect place to find a bargain.

Register your place on our system here. No payment will be taken upfront, and you will have access to view and register on all our listings.