Why sell at auction?
Selling at auction offers a fast, secure way to achieve the best price for your property, with no hassle and competitive bidding.
Complete Faster
Auction offers quicker completions vs. Private Treaty where it can take over 100 days to complete.
Maximum visibility
An attractive starting bid increases interest and encourages competitive bidding between prospective buyers.
No Sale, No Fee
Whether your property sells or doesn’t sell, you only pay an Auction Pack Fee on completion!
Additional Security
In auctions, buyers pay a non-refundable reservation fee or deposit, ensuring all parties can proceed with confidence.
Our flexible auction routes
Choose between the modern method of auction (MMOA) for flexible timelines and wider buyer appeal, or the traditional auction for a quick, secure sale with immediate completion.
Modern Method of Auction (MMOA)
This is our most popular auction method as it combines Private Treaty and auction elements. It provides the speed, transparency and security of a traditional auction, but exchange and completion take place within 56 days from receipt of the draft contract.
Understand the auction process
Why choose Linley & Simpson and iamsold?
Our seller's auction guide provides an overview of the auction process, designed to help you navigate every step with confidence. From setting a competitive reserve price to effective marketing strategies, we ensure your property receives maximum exposure.
Download guideSold at auction
Frequently asked questions
If you have any more questions or need further details, feel free to explore our guides or reach out to our team.
If your property doesn’t meet the reserve price, it won’t be sold. However, you can discuss alternative options with our team, such as relisting it for another auction or adjusting the reserve price based on bidder interest.
The timeline for selling at auction can vary. Typically, properties sold through traditional auctions complete within 28 days after the auction date, while the Modern Method of Auction allows up to 56 days. We keep you updated every step of the way to ensure a smooth process.
Absolutely! We will implement a marketing strategy that can include online listings, social media promotions and open viewings to generate maximum interest in your property prior to the auction. Our goal is to attract a diverse range of potential buyers to achieve the best sale price.
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