Sell Your Property Faster and with Certainty with New Move Online Auctions
Discover the advantages of selling your home through our online auction platform.
Discover the advantages of selling your home through our online auction platform.
If you have a chain-free property, selling via our online timed auctions can help you achieve the best price, more quickly and with greater certainty.
Benefit from a fast, more certain sale with no lengthy conveyancing process once a buyer is found.
With an instant exchange of contracts, gain confidence that your sale will proceed, avoiding buyers withdrawing or renegotiating.
Our open, transparent bidding process reaches a broader group of buyers, ensuring you can achieve the best possible price for your property.
Bidders from anywhere in the world can participate. We have over 70,000 buyers on our database, providing maximum exposure for your properties.
Selling your home by conditional auction offers a faster transaction and increased certainty. Your sale is less likely to fall through, and there's a lower risk of price renegotiation. This secure process comes at no extra cost, and you can set a Reserve Price, your financial safety net.
Your buyer is required to exchange contracts by a specific date you set, typically within a Reservation Period of 20 working days, allowing time for mortgage arrangements if needed.
At the end of the auction (when the Reserve Price is met or exceeded), the buyer pays a non-refundable buyer fee (usually a percentage of the purchase price). This fee is forfeited if the buyer doesn't exchange contracts by the agreed date, providing you with financial security and buyer commitment.
This period, typically 20 working days (which you can discuss), is between the auction ending (with the Reserve Price met) and the deadline for the buyer to formally exchange contracts.
Once the auction ends and your reserve price is met or exceeded, the buyer pays a buyer fee (typically a %+VAT of the purchase price or a minimum amount). Both you and the buyer enter a reservation agreement.
The agent signs the reservation agreement on your behalf, confirming the reservation. This agreement is part of the sale contract. The buyer has a set period (usually 20 working days) to finalize and prepare for the exchange of contracts.
You should contact your solicitor to ensure everything is ready to send to the buyer's solicitor and arrange the exchange by the deadline. The buyer will do the same. Failure by the buyer to meet this deadline results in the forfeiture of their buyer fee.
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