Selling a property at auction is different to selling through private treaty (standard route of selling) and there are many misconceptions about it. We have created a handy infographic to help you understand the process.

Download the Selling your Property at Auction roadmap.

How to set the price of an auction property

If you decide to sell a property at auction, you will discuss and agree an undisclosed reserve price with our auction specialist.

This is the minimum your house will sell for and is the starting bid. We market the house at this price to generate interest to give you a better chance of selling your property fast.

Getting prepared to go to auction

We will prepare the property details, including photographs, descriptions, floor plans and EPC (if required). You will also need to go through an ID check (the process is quick and simple).

Then the auction pack will be prepared, this pack is what we give out to the potential buyers.

Marketing an auction property

Whilst the auction pack is being prepared, we can begin to market the property in order to generate as much exposure and interest as possible. We use all the main property portals including Rightmove & Zoopla, along with social media, in-branch marketing, the auction website and our website.

When does the bidding process start?

Once the auction pack is complete, the auction bidding process can begin! The actual auction can be in a room (set day/time) or online (agreed start & end date).

Any interested parties who have accessed the auction pack, can bid on the auction. The auction ends when the timer runs out and a sale will be agreed if a bid is received on or above your agreed reserve.

What happens after the auction is finished?

The buyer has between 28 and 56 days to complete the purchase (depending on the auction type). There will be a reservation for the buyer to pay so they are committed to the purchase.

The next steps are for the sales progression team to take the sale through to completion.

If you would like more information or to get the ball rolling for selling a property at auction, get in touch.

Guide to Buying

If your looking to buy a property at auction, then our guide might provide some useful tips for reference.

Guide to Buying

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Get in Touch

If you would like to discuss your property-related enquiries, or have any questions, get in touch with our friendly team.

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Jackie Tolan

We had the pleasure of meeting senior negotiator Allie Rogan on Friday 12th January ‘24. Allie went above and beyond to help us with our...

Claire Simpson

Great professionals and so personal. Rob and Allie made the sale and purchase of our house so straight forward. They are super efficient in...

Kate Forbes

We cannot rate Rob and Ali enough. The whole moving experience has been superb with great advice and support all the way through. Rob a and...

Joan Booth

Very helpful and patient ! Very pleased!...

Raluca Popescu

Were very helpful, accommodating & friendly from the get go. We had seen the property we bought and called up to view it. Everything was...

Christine Jimenez

Tashana Cooke and James Banks of Doncaster Merryweathers kept us informed about progress on our sale at all times, and replied promptly to...

Lynn Dobie

Allie and Rob have been great in helping us sell our property. They co-ordinated all parties (chain) ensuring no last minute surprises!...

Adrian “TwoCombs” Pickersgill

During a frustrating process Sue at Merryweathers Rotherham was the one individual to provide honest updates and chasing other parties for...

Ian Brewer

Merryweathers of Rotherham sale branch have been amazing. Dealt mostly with Sue, she’s been so helpful caring always, answer every...

jo anne guest

Emily, Laura, Shelley and the whole Maltby team have been absolutely amazing. They have gone above and beyond to make the whole selling...

Claire Hutchinson

From start to finish, the team at Merryweathers Rotherham were fabulous 🙌. Particularly Grace Allen in the latter stages who was polite...

Jill Tisbury

I can't praise the ladies in the Maltby office enough. They have been fantastic all the way through the sales process, keeping us well...

Fiona Oliver

Very pleased with all aspects of service during our sale. Would highly recommend Merryweathers....

marion emmerson

Lovely staff...

Lindsey Fanning

Recently sold with Merryweathers after an unsuccessful listing with another agent. Sue and Jon were excellent throughout and never...

Mike Crookes

Friendly and professional staff, i definitely will recommend them....

Tanea Porcescu

Emily has been amazing throughout the entire buying process, including suggesting solicitors and providing very prompt communication for all...

Tayler Smith

Shelley at Merryweathers has been absolutely brilliant throughout our purchase of the property. We couldn’t have done it without her - she...

TL Wright

Siva

Absolutely first class service, swift, knowledgable about the area, honest and polite. Every aspect of the transactions I have experienced...

Jill Tisbury

James and Catherine were extremely helpful and professional. Would definitely recommend this agent. Thank you both. Caroline Hall....

J H

Another great interaction with James. Always honest and helpful thank you...

Jayne Kelly

Marie Smith

Highly impressed by David's experience, knowledge, market research, honesty, and customer service skills in lettings. A++++++ service...

Kousar Batool

Really polite and helpful over the phone with any inquiries, and do great at bridging the gap between the tennant and landlord, never...

Harry Smith
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