Tip: I only ever recommend dealing with auction houses who are NAEA-protected, NAVA-protected, and are members of the Property Ombudsman.
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Tip: If you’re selling your house at auction it’s a good idea to look for an auction house with a strong focus on your area.
- Free referral to my #1 Leading Auction House in your area.
(Take the guesswork + time out of choosing who to use) - Free valuation + all your auction questions answered...
(by experienced auction experts I know and trust) - And if you decide to sell... enjoy Preferential Rates
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We break performance into 3 key parts: Market Share, Succes Rate, and Customer Satisfaction.
Market Share
Tip: When you’re deciding which auction house to sell with, a larger market share can mean a safer bet.
Don't rule out smaller auction houses though. Your experience with a company ultimately comes down to the person you deal with there, rather than the size of the company. Read more here.
Success Rate
Tip: A higher success rate usually means an auction house is more realistic with their valuations, are less likely to take on customers with unrealistic expectations, and may be more efficient at generating interest and bids from buyers.
Reviews
Tip: Review scores are important to consider, but it’s important know what customers are actually saying as well. We outline the overall themes of their reviews further down this page.
Commission Fee
Buyer's Premium
Tip: Buying at auction? More than 25% of buyers get caught out by unexpected fees. Don't be one of them. Download our free checklist and learn where to spot hidden auction fees.
Other Fees For Sellers
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(by experienced auction experts I know and trust) - And if you decide to sell... enjoy Preferential Rates
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Good things people say (Pros)
What can be improved (Cons)
What types of auction do they run?
Allsop Residential run online traditional property auctions which tend to run every 5 to 6 weeks.
With traditional auctions, a non-refundable 10% deposit is paid, and contracts are exchanged immediately. The buyer must then complete within the agreed completion period, which tends to be 20 working days.
What happens on auction day?
The auction will be held online, where you will be able to see the number of people viewing your property and watch the bidding unfold in real time.
If the property reaches the agreed reserve price, then the lot will be sold with an immediate exchange of contracts. The buyer will have to pay a 10% deposit immediately and must complete within the agreed completion period (which is usually 20 working days).
What happens if your property doesn't sell at auction?
If the property fails to sell at auction your contract will automatically extend for an additional 45 days. During this time, Allsop Residential will try and tie up a post-auction sale for you.
You can also enter the lot into the next available auction at no additional cost.
If the property is still unsold after those 45 days, you’re released from the contract and can move on.
We're adding more information all the time. Check back soon, or contact us right now for advice. Hit one of those big buttons to get started.
Allsop Residential will advertise your property in their online catalogue, as well as on the major property search portals and their website. You will also receive a “for sale by auction” board where appropriate.
Allsop run extensive online advertising campaigns and run printed adverts in key publications, as well as targeted marketing to individual buyers and local developers.
Your property details will be sent to Allsop’s website database of over 70,000 potential bidders.
The advertising process is carried out over a period of 3 weeks prior to the auction date to ensure your lot is visible and available to all potential buyers.
How do they get property photos?
One of Allsop’s surveyors will visit the property and take photographs and measurements.
Will your listings include a floor plan and video walkthrough?
Video tours and floor plans are not included as standard but can be arranged if required at an additional cost.
A viewing agent will carry out between 4 – 5 viewings on your behalf in the run up to auction.
We're adding more information all the time. Check back soon, or contact us right now for advice. Hit one of those big buttons to get started.
A member of the auction team will carry out a desktop appraisal to work out the market value of your property.
They will then work with you to come up with a reserve price that you are happy with, and you can then decide whether you’d like to move forward.
The contract runs up until the auction date (usually around 4-6 weeks away). It extends for an additional 45 days if the property fails to sell.
We're adding more information all the time. Check back soon, or contact us right now for advice. Hit one of those big buttons to get started.
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(Take the guesswork + time out of choosing who to use) - Free valuation + all your auction questions answered...
(by experienced auction experts I know and trust) - And if you decide to sell... enjoy Preferential Rates
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