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iam-sold are an auction management provider offering bespoke white label auction services to estate agents across the UK. The company offers a full range of auction services ranging from Traditional to the Modern Method of Auction.
The Modern Method of Auction provides greater flexibility than Traditional Auction by allowing the buyer 28 days to exchange contracts and a further 28 days to complete the transaction while still maintaining the security of Traditional Auction. The Modern Method of Auction opens the auction market, creating a larger market place and more interest than Traditional Auction.
Buying a property through auction
Auction provides buyers with the opportunity to purchase realistically priced properties quickly and easily. All of the properties advertised through our auction are offered by committed sellers at realistic prices. Our auction methods provide transparency for both buyer and seller as the sale is in the public domain, so the fear of gazumping or re-negotiation is completely removed.
Buying a property through our auction couldn’t be easier, with the ability to bid from your desk, comfort of your own home; 24 hours a day, 365 days a year. Buyers also have the option of attending one of our 9 live auction events held across the UK and Ireland.
Depending on which auction option has been chosen, buyerswill have between 28 – 56 days to complete on the property. If you are purchasing through the Modern Method of Auction there is usually enough time to purchase with residential auction finance.
Selling a property through auction
The pricing strategy we employ with our auction creates increased levels of interest and viewings and increases the chance of selling your property quickly. In other industries, items go to auction to maximise their value (for example, a fine piece of art) and the same applies for property! We guarantee to get you the fairest price in the current market; a property will always sell for what it’s worth, plus you have a reserve price so you know it won’t sell for anything less than the one you are happy with.
We also provide fixed time scales for exchange & completion to provide clarity for both parties. A fixed time scale is not often set when selling a property through private treaty with sales taking much longer than anticipated. This added security is a big benefit to most vendors looking to move forward with confidence.