NO commission - Have you considered sale by modern method of Auction?

Sandersons UK have teamed up with the largest independent residential auctioneer in the UK. This allows our sellers to sell quickly and efficiently with 0% commission.

Sandersons UK have teamed up with iamsold who are the largest independent residential auctioneer in the UK. This allows our sellers who have an urgent need to sell do so quickly and efficiently with 0% commission.

Our seller of 16 Sancroft Avenue had a sale fall through when they found out it was not mortgageable due to its construction type. They then had a vacant property that they needed to sell urgently and decided to take our advice to sell it via modern method of auction. The auction date was set two weeks after it went to the market; it went under offer for £10,000 over the minimum reserve price. The sale will complete within 56 days and the seller has no estate agency fees to pay.

How does it work?

·Speed – There are fixed timescales for a transaction, with a completion within 56 days from when the contract is signed following the auction. This allows sellers and buyers to proceed confidently.

·Transparency – The modern method of auction process and bidding is visible to all involved parties. Buyers are provided with a detailed auction pack on the property before the auction allowing them to make informed decisions.

·Security – Modern method of auction offers a completion rate of 95% compared to the current 70% rate of private treaty sales. Buyers pay a reservation fee or deposit at the point of sale, providing all parties with confidence and peace of mind

·Online - Innovative technology allows bidding activity online 24/7 via the iamsold platform, this suits the needs of today’s busy buyers and sellers

Benefits to the seller

· Access to a wider range of motivated buyers for their properties

· The seller sets a reserve price to ensure a minimum sale price giving a level of security the house will not be sold below that value

· Quicker sale of 56 days to complete, gets everything moving quicker

· Buyer pays a deposit and signs an agreement providing more certainty vs. Private Treaty. Buyers are committed, so less likelihood of a sale falling through

· No sale, no fee

· 0% commission

For more information on selling your property via the auction please click here or fill out the attached form

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