The Modern Method of Sale
Why sell your house online using the modern method of auction?
The price strategy we employ creates increased levels of interest and viewings that heighten the chances of selling your property fast.
No Selling Fees
It is 0% commission so you don't have to pay an estate agency fee. There is a small fee for an Energy Performance Certificate (if required) and for an auction pack.
Fixed timescales for exchange and completion provide clarity for both parties and guarantees a speedy sale. The added security of a paid Reservation Fee is also a big benefit to most sellers looking to move forward with certainty.
Due to the increased marketing and unique pricing strategy that we operate, we are guaranteed to get you the fairest price in the current market. A property will always sell for what its' worth, plus you have a reserve price, so you know that it won't sell for anything less than the figure you're happy with.
A step by step guide to how it works
Let's start at home
We'll discuss and agree an undisclosed Reserve Price (the price, for not less than which your property will sell) and a Starting Bid (the price at which the property is marketed in order to generate interest).
We prepare all property details, take photographs and arrange the Energy Performance Certificate, if required.
The "Auction Pack"
The team will begin preparing the Auction Pack including all legal documentation.
We begin to advertise your property whilst the Auction Pack is being prepared, to generate as much exposure, interest and viewings as possible.
Ready, set, go!
After 14-21 days, an end date and time is set on your bespoke auction and your property goes 'live', meaning bids can be made via the online or room auction.
All prospective bidders must download the Auction Pack and accept the terms before bidding. Bids can be viewed and made in real time, 24/7.
Once the auction ends...
Your property will sell to the highest bidder (on or above reserve) who must pay their reservation fee to meet the terms of the sale and secure the property.
This will take on average 28-56 days. You keep the full price achieved on your property with no estate agency fees to pay.
Selling your house online
To get started with selling your property online, book a valuation and we will then advise you on the best option to take to sell your home
Whether that is selling online by the modern method of auction at 0% agency fees or the more traditional process at variable fees. Church & Hawes will be with you every step of the way to get you the best possible price for your property.
Check our Frequently Asked Questions to find out more about the process of selling online through auction.Talk To Us For The Best Option For You
Frequently Asked Questions
Is my property going to sell?
There are two components needed to maximise the chanes of selling through auction; a motivated and realistic seller, and secondly, great marketing exposure. Our marketing stratgey will guarantee the fairest price in the current market for your property. If you decide to explore the auction route further, a member of our Auction Department will discuss the most effective pricing strategy to maximise interest in your property.
Do I have to accept the highest bid?
No, all properties are sold with an undisclosed minimum reserve price (agreed with the seller). The only price the public sees is the starting and actual bids; the reserve price remains confidential. Once the reserve price has been met and the auction is closed the sale will proceed. A Reservation Fee/Deposit is then taken. If you choose to pay no sales fees, the Reservaion Fee will not form part payment of the purchase price but will be paid in addition to cover the costs of the process.
Can I accept bids outside the auction process?
Yes. You can accept a bid to sell the property before the auction has finished. By law we are duty bound to put any offer forward to you. It will then be up to you to decide if you want to consider the offer and take the property out of the auction early.
How quickly will I have to move out?
Depending on what auction option you select this can be decided by you but will generally be between 28-56 days.
If the prospective buyer does not agree to pay the fee, will I lose my offer?
The law requires that any offer made to purchase your property must be passed on by the agent unless you have said that offers of a particular type are not to be advised to you. If the prospective buyer does not agree to pay the fee, the agent should advise you accordingly and seek instructions.
If the buyer then refuses to pay, will I have to meet the agent's fee?
This will depend on the specifics of your individual contract(s) with the agent. The agent should explain this clearly to you before you sign anything. The buyer has entered into an agreement to pay the fee so it is for the agent to pursue the buyer, but the agent must make clear to you what will happen in such circumstances.