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Your Journey to Selling Your Home Starts Here 😀 Call 📞 07706 413 904 or email: 💻 Jon.gibbons@abacus-valuations.co.uk Anytime between 10:00 - 22:00 | 7 days a week 😀

Residential Auctions UK

Sell for Only £445 - Set Your Reserve - Complete in 56 Days

Residential Auction UK | Residential Property Auctions | Doncaster | Scunthorpe

Jonathan Gibbons Auction logo

We are the official partner and Agent for Iamsold, the largest residential auctioneer in the UK and pioneer of the Modern Method of Auction (MMoA).

We work with a network of 2,500 Partner Agents as an expansion of their business, enabling them to provide auction services to their clients and grow their business.

We offer a comprehensive range of end to end auction services, meaning Estate Agents can tailor the offering to their client's circumstances and preferences. From bespoke online auctions to live auction events, we work with our partners to find the best route for each client.

Our Fast, Secure Auction Service

iamsold is the pioneer of the Modern Method of Auction and the market leader in online auctions, with over 60% market share. We offer the most complete and comprehensive range of property auction services in the UK, offering a range of auction types and formats to suit a client’s specific needs and circumstances.

Modern Method of Auction (Conditional)

Our most popular auction method, combining the best of both Private Treaty and Traditional Auction. Offering the speed, transparency, and security of a Traditional Auction but with an extended completion timeline of within 56 days. This extended timescale makes auction more accessible to a wider range of buyers including mortgage and first-time buyers, helping to generate a greater level of interest for a property.

  • This method offers quick but more flexible timescales of 56 days to complete
  • More flexible timescales allow interest from first-time and mortgage buyers as well as investors
  • Security for both buyers and sellers through a non-refundable Reservation Fee and Reservation Agreement

Traditional Auction (Unconditional)

In Traditional Auction transactions, exchange of contracts takes place as soon as the auction ends. The buyer is required to pay a 10% deposit at the point of exchange and must complete within 28 days. This is the most secure and the fastest method of sale; however, it can limit interest to cash and investment buyers only.

  • It usually more suited to vacant properties, or those not suitable for mortgage lending
  • It provides complete security as exchange takes place at the end of the auction
  • Fixed timescales of 28 days to complete

Your Journey to Selling Your Home Starts Here 😀

Call 📞 07706 413 904 or email: 💻 Jon.gibbons@abacus-valuations.co.uk Anytime between 10:00 - 22:00 | 7 days a week 😀

Book a Free Consultation

Are you thinking about Moving? Need some Advice on Improving your Home? We can give you a brief Home Survey and Advice on how to Improve your Property to maximise your equity.

Have you Sold your House and you're looking at number of purchase options, you may ask our opinion or you would like a Survey on a new purchase

Are you looking to invest, investment property is increasingly propular and there are many different options, we can provide our professional opinion on Real Estate Investments.

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Payment is required on the Day of the Assessment

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Jonathan Gibbons Auction Banner

SELL QUICKLY AND SECURELY FOR COMPLETE PEACE OF MIND

Iamsold logo

Selling your property has never been easier with our Modern and Traditional Methods of Auction and there are some great benefits:

Complete Faster

On average, Private Treaty can take over 100 days to complete whereas auction provides fixed exchange and completion dates of between 28 and 56 days. This means you can plan your move more easily.

Security

With auction, buyers pay a non-refundable Reservation Fee or deposit to secure the property so all parties can move forward with confidence. A Reservation Agreement is also signed by the buyer, committing them to complete the purchase reducing the risk of a fall-through.

No Sale, No Fee

There is nothing to pay to enter your property into one of our auctions. There is an auction pack fee of £445.00 including VAT, however this is only payable by you if your property sells.

Optimised Exposure

An attractive starting bid increases interest and encourages competitive bidding between prospective buyers, which can help to drive up the final selling price of your property.

Reserve Price

We discuss and agree on an undisclosed Reserve Price with you in advance of the auction. This is the minimum amount you will accept for your property, providing you with additional security and peace of mind that comes from knowing you are fully in control of the selling price.

Did You Know?

Our average completion time is 54 days. With auction the fall-through rate is less than 5%, unlike Private Treaty which has an average fall-through rate of 30%!

Our specialists auction conveyancing company, Medway Law, provide Estate Agents and vendors with the guidance, expertise and knowledge they’ll need to ensure a smooth legal process from every auction sale. Benefits include;

No sale, no fee - providing you meet your sale obligations

Medway Law have a direct relationship with our in-house Sales Progression Team, who are in contact with them daily to ensure all parties are communicating effectively and that matters are progressed promptly.

As Medway Law prepare your Auction Pack for the property, they have existing knowledge of the property’s background. This will assist in providing a smoother conveyancing process.

To find out more visit www.medway-law.co.uk.

Break free from the status quo!

A Private Treaty sale is the most common method of residential property sales in the UK. However, it can often be an inefficient solution for vendors looking to complete their property sale quickly and securely.

A significant number of Estate Agents are now selling properties using the Modern Method of Auction (MMoA), which combines elements of Private Treaty and Traditional Auction.

MMoA provides an alternative to vendors and gives them the opportunity to sell their property in a transparent, secure and speedy manner. The fixed 56-day timescale and unique offering of MMoA opens the service to mortgage buyers, creating a larger and more competitive marketplace, which drives increased exposure and activity.

The increase in MMoA for buying and selling is changing the face of the industry. It allows Estate Agents to expand their service offering and boost their cash flow through fixed completion times and faster.

Auction and Private Treaty

The Modern method of Auction ensures speed with 56-day completion timescales, compared to 100+ days for a Private Treaty sale, with committed buyers and fewer fall-throughs.

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Your Journey to Selling Your Home Starts Here 😀

Call 📞 07706 413 904 or email: 💻 Jon.gibbons@abacus-valuations.co.uk Anytime between 10:00 - 22:00 | 7 days a week 😀

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Jon Gibbons | 07706 413 904 | jon.gibbons@exp.uk.com | https://jongibbons.exp.uk.com/

Abacus Valuations Ltd is a registered company at Orchard House, East Lound, Haxey, Doncaster. South Yorkshire DN9 2LR. Registered company Number is 13387578.

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