Selling your property via our remote bidding auction
Due to the current restrictions caused by the Covid-19 pandemic, our auctions will be livestreamed via our website with remote bidding by proxy, telephone or internet.
If you are thinking about selling a property, the good news is that the property market will remain open during the latest lockdown and that we can continue to undertake socially distanced market appraisals and viewings. This will enable us to offer our full marketing campaign and allow prospective purchasers to undertake their usual due diligence, meaning we can achieve the best result possible, on your behalf.
What is a live streamed auction?
Our traditional in-room auctions attract between 2,000-3,000 people at each event, so for obvious reasons we will not be able to go back to holding them in this way just yet.
However, we already stream our auctions live via our website so anyone can watch the auction from any device anywhere in the world (151,273 people logged on to watch our auctions live in 2020).
Rather than having everyone mass gather at one auction venue, we will still hold the auction on a set time and date but behind closed doors. Our usual auctioneers will conduct the auction from our offices, with our staff being able to safely social distance from each other and stream the auction via the internet.
How do people bid?
The auction will still operate in the same way and prospective purchasers will pre-register, giving them 3 options to bid.
• By proxy – the auctioneer will bid on their behalf up to a maximum pre-set amount
• By telephone – a member of staff will bid on their behalf taking their instructions over the phone
• Via the internet – they are provided unique log in details to bid via a secure area on our website
We already offered these services at our in-room auctions, so they are all tried and trusted ways of bidding. Our remote bidding auctions in 2020 were a fantastic success, we had 12,825 registered remote bidders and 151,273 people watch the auctions live. We have sold 1,029 lots from the 1,094 offered, representing a success rate of 94% (the highest across the whole of the UK) and raising over £111.3m in sales.
We carry out identity checks and securely register debit card details in advance of the auction. That way we know exactly who has registered, giving you the highest level of certainty that all registered bidders are genuinely looking to complete any successful purchase.
Free market appraisal and advice
If you are looking for a fast, secure and hassle-free sale with an immediate exchange of contracts and fixed completion date, then why not sell with Midlands’ number 1 auctioneer.
Our team are available to offer their free and impartial advice, and being the only Auctioneers in the Midlands with dedicated specialists in residential and commercial properties and land/development sites, we are best placed to give you tailored advice to suit your needs.
We can offer social distance valuations of any empty properties or virtual valuations if access is not possible or if the property is occupied. Please click here for our 10 step guide to our social distance or virtual valuations.
You can rest assured that the health and safety of our staff, clients and associates will always be our highest priority. We will continue to follow the latest Government guidelines, and are equipped with face masks, latex gloves, hand sanitiser and anti-bacterial wipes to ensure there is no cross-contamination of any surfaces or door handles etc.
Please click here for a free no obligation auction appraisal or give us a call on 0121 312 1212 for advice and to talk through your selling