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Reasons Why You Should Buy Via Online Auction

Reasons Why You Should Buy Via Auction

The Quick Process.

You can bid on a property today, and if you are the highest bidder, you will receive a formal contract on the same day and will be able to put down your deposit. This will prevent counter offers, or the chance of the seller accepting another offer.


Clear Process

Every auction property provides a legal pack which means you know exactly what you are getting. This also completely speeds up the conveyancing process.


Auction Covers Residential, Commercial and Land

Auction covers every type of property, including the weird and wonderful. If you are looking for something of standard construction or even something unique, auction is the place to get it.



Auction is not just for cash buyers

If you can get your funding sorted in advance of the auction, lenders will consider lending to you on an auction property. Yes, some auction properties may need updating or modernisation, but not all. We see more and more sellers coming straight to auction, understanding that they can in fact achieve full market value on their property, which means not every property at auction is in dilapidation or in need of a refurb.


There is no seller preference or bias

You may sometimes find that sellers chose the buyer based on whom they would want to live in their property, despite the price they want to achieve, due to emotional attachment. With Auction, the seller does not get a say or see in who the buyer is. It is sold to whomever bids the highest when the hammer goes down.


Auctions can help find you a great deal

Many landlords, lenders, councils and repossession agents sell properties through auction, and they understand it to be a fair market value for their property. They hold lower reserves and due to having no emotional or physical involvement, they often want the property sold quickly. Therefore you can find yourself getting a great deal on auction properties as long as you are quick.


You can bid from the comfort of your own home

With our auction platform, you no longer need to sit in a cramped room full of people in order to bid on property. Now you can bid simply from home, on any of the properties in our 28 day auction cycle. The bid that is highest when the auction ends, gets the property. 

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