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WELCOME HOME Changing the perception of property auction

Our Flexible Auction Services

iamsold is the pioneer of the modern method of auction and no other auction provider in the UK and Ireland offers estate agents such a complete and comprehensive range of property auction services.

Over 2,000 estate agent branches currently combine their local knowledge and property expertise with our award-winning auction service, allowing them to offer their sellers and buyers with both traditional and modern methods of auction.

 

The Traditional Method of Auction

A familiar auction method that usually takes place at a live auction event. It offers the buyer and seller speed and complete security as the buyer makes payment of a 10% deposit and exchange of contracts takes place straight away. Completion takes place 28 days later.

These more restrictive timeframes can limit interest to cash buyers and investors so its usually best suited to those that need a quick sale, are not in a chain, or have a property that wouldn’t be considered as suitable for mortgage lending.

 

The Modern Method of Auction

The modern method of auction combines elements of private treaty and traditional auction, making it a more accessible auction method. These auctions usually take place online, creating a larger marketplace which helps gather more interest and activity.

This method offers the security of traditional auction as the buyer pays a non-refundable reservation fee and signs a reservation form, committing them to the purchase. Like traditional auction this method has fixed timescales, however these are 56 days to complete making this auction method accessible to mortgage and residential buyers as well as investors and cash buyers.

This method is often best suited to sellers that are looking for the speed and security of an auction with a larger buyer market.

This simple way to buy a house is a breath of fresh air. We could not recommend highly enough. 56 days start to finish!

ABOUT US

Peter Clarke FRICS founded the firm in 1991 with his two sons, Andrew Clarke BSc (Hons) MRICS and Jonathan Clarke BSc (Hons) MRICS, in Stratford upon Avon. The partnership has subsequently expanded to include Michael Hawkins, Stephen Werner Bsc (Hons) MRICS and Barney Smith MNAEA MARLA with additional offices in Leamington Spa, Wellesbourne, Shipston on Stour, Chipping Campden, Birmingham and an association in Henley in Arden.

A multi-discipline practice of Chartered Surveyors offering a complete range of residential and commercial property services. Peter Clarke has steadily grown to become a market leading firm.

The practice is founded on the principles of professionalism, best advice and a truly independent approach.