Achieve a fast, secure sale with expert guidance and a transparent auction process you can trust.
Looking to sell your property quickly, transparently, and with the potential to attract competitive bids?
Selling at auction with Whitlocks Estate Agents could be the perfect solution.
Our expert team is here to guide you through every step of the auction process making it simple, stress-free, and effective.
Contact Whitlocks to arrange a free, no-obligation valuation of your property. Our auction specialists will explain how the process works and whether auction is the best route for you.
Once you decide to proceed, we’ll discuss our fees and agree on a reserve price (the minimum you’re willing to accept) and a guide price to attract buyers.
You’ll also instruct a solicitor to prepare a comprehensive legal pack, containing all necessary documents buyers will need to review before bidding.
Whitlocks will market your property across major online portals, in our auction catalogue, and to our extensive network of active buyers. We’ll also arrange viewings to showcase your property to interested parties.
Your property will be featured in one of our expertly managed online auctions, designed to reach the widest possible pool of buyers. Bids can be placed at any time throughout the auction period, giving buyers flexibility while you maintain control. If a bid meets or exceeds your reserve price, you have the option as the seller to proceed immediately.
The bidding process is fully transparent, and once the final bid reaches or surpasses your reserve, contracts are exchanged without delay.
Following the auction, the buyer pays a 10% deposit, with the balance due typically within 28 days. Our team will support your solicitor to ensure a smooth and timely completion.
Q: What happens if my property doesn’t sell at auction?
A: If your property doesn’t meet the reserve price on auction day, it remains yours to sell privately or to re-enter in a future auction. Often, post-auction negotiations lead to a sale shortly after.
Q: Are there any upfront costs?
A: There is a marketing entry fee and a success commission upon sale. Your solicitor will also charge for preparing legal documents.
Q: When do contracts exchange?
A: On auction day immediately after the winning bid, creating a legally binding sale.
