Please click here for a Coronavirus (COVID-19) update from The Auction Department
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. 28 days start to finish!

ABOUT US

At Charles Faye, as a local independent estate agent, we couple local knowledge with a team of high experienced individuals armed with the latest industry technology to ensure we maximise the selling opportunities for your property.

With many years of experience, Louise has built some strong & loyal relationships, developing a reputation as one of the most respected agents in town, something her and her team continually strive towards with real enthusiasm and vigour. As soon as you officially instruct Charles Faye Estate Agents to sell you property, our aim is to start proactively marketing your property within 48 hours.

Our technology enables us to produce high quality digitally printed colour property brochures swiftly, and your property will appear online nationally as soon as you approve your property’s details. We have just as much exposure as any other national estate agent to promote your home.