Why Use Auction House Online?
• Market position
The multiple award winning Auction House brand is firmly established as the UK’s no.1 property auctioneers, based on lots sold it enjoys a market leading +14% UK share of residential sales by auction (independently verified figures – source EIG July 2016). In addition its regular traditional In-Room non-conditional auction events Auction House provides eBay style conditional and unconditional auctions via its Online auction brand.
• The process
Properties will typically have a two week marketing period followed by one week’s auction. All properties are sold subject to a Reserve. The winning bidder has generally 28 days to exchange contracts and thereafter completion is typically 28 days. The process from marketing to completion is geared to sub 70 days, comparing highly favourably with private treaty which takes an average of circa 140 days.
• Trusted Brand
Auction House Online is part of the Auction House UK group of 40 regional auction rooms covering England, Scotland and Wales; the network sells more properties 'under-the-hammer' that any other auctioneer and are multi award winners. In 2015 Auction House sold 1000 more property lots than the second largest auctioneer.
• Tailored auctions
Auction House Online provides a tailored lot based auction service. No needs to wait for an auction event as auctions are programed around individual seller requirements.
• Expert property auctioneers
Auction House East Online is directed by Martin Cunningham MNAEA, a member of the National Association of Estate Agents, as its resident auctioneer. Martin’s team is highly skilled and knowledgeable, ensuring that accurate advice is provided to sellers around Reserve and Guide Price setting.
• Types of property we sell by Online Auction
Residential housing that is in good condition. Freehold or Leasehold and properties can be owner occupied, vacant or tenanted.
• Help & advice
Friendly free advice without obligation and that includes auction valuations. We visit all properties when providing advice this ensures accuracy of information given.
• Open House Viewings
We organise attend three to four viewing sessions at each property lot entered into auction. This approach ensures we meet prospective buyers and creates the multiple viewing system creates prospective purchaser competition
• Powerful marketing
In order to get the best price each property needs effective promotion on the market, so we use the major UK property portals including Rightmove and our own auctionhouse.co.uk website. Properties are also marketed via local and regional press such as Archant Community Media's Eastern Daily Press and East Anglian Daily Times
• Cost to sell
Sell for free, no catch; this offer is for all Online Auction instructions sold through Auction House Online. What’s more there is no auction entry fee and sellers can run as many auction cycles they wish without charge. We charge the successful Bidder / Buyer a Buyer’s Premium.