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

We are an independent Estate and Lettings agent in the South East and we are experts in our local property market. Superior customer service and professionalism are at the heart of our business.

Our experienced staff, knowledge of the area and of the local market get our clients results and our feedback speaks for itself. 

jdm maintains extremely high standards in client care; offers pragmatic advice throughout the entire house sale or letting experience; and has a strong reputation of integrity and honesty. Our offices are based in prominent positions in Petts Wood, Chislehurst, Locksbottom, Bromley and Blackheath and are staffed by dedicated, experienced professionals.

jdm offers a complete lettings service and also operates a successful Land & New Homes division. As part of our commitment to maintaining a market leading, professional service, we are members of the NAEA, ARLA and the Guild Association Scheme, as well as being awarded “Best Estate Agency in Kent” and “Highly Commended for Estate Agency Marketing in the South East”.