Sell By Auction
A faster, more certain way to sell your property. Fixed completion dates, competitive bidding, and no chains. Clarke Residential makes selling by auction simple.
A Modern Way to Sell Your Property
Selling by auction isn't just for run-down properties or repossessions. It's a smart, modern route for any property. Whether you're looking for speed, certainty, or to maximise competitive bidding, auction could be the ideal solution.
At Clarke Residential, we offer a professional auction service that gives you the benefits of competitive bidding with the personal service you'd expect from us. No lengthy chains, no fall-throughs, and a fixed completion date, typically 28 days from the hammer falling.
We handle everything in-house: from initial appraisal and legal pack preparation, through to marketing, bidding, and completion. Our team guides you through every step.
Two Ways to Sell By Auction
We offer both traditional and modern auction methods to suit your property and timeline.
Traditional Auction
Live bidding, fixed auction day
- Property marketed for 3-4 weeks before auction day
- Competitive live bidding drives the price up
- Contracts exchanged on the day, legally binding
- Completion typically within 28 days
- Ideal for properties with high demand or unique appeal
- Legal pack prepared in advance for buyer confidence
Modern (Timed) Auction
Online bidding, flexible timeline
- Online bidding over a set period (typically 7-30 days)
- Buyers can bid from anywhere, at any time
- Reservation fee paid by the buyer on winning bid
- Flexible completion, typically 28-56 days
- Great for a wider range of property types
- Combines auction certainty with estate agency marketing
Auction Works For All Types of Property
Residential Properties
Houses, flats, bungalows. Auction isn't just for unusual properties. Standard homes often achieve excellent prices at auction.
Investment Properties
Tenanted buy-to-lets, HMOs, and commercial units. Investors love auction for speed and certainty.
Renovation Projects
Properties needing work attract competitive bidding from developers and renovators looking for their next project.
Land & Plots
Building plots, garden land, and development sites are perfectly suited to the auction process.
Inherited Properties
Need to sell quickly? Auction offers a fast, transparent route with a fixed timeline for probate sales.
Need a Quick Sale
Whether it's a relocation, financial reasons, or you're just ready to move on, auction delivers speed and certainty.
How Selling By Auction Works
From appraisal to completion, we guide you through every step.
Free Appraisal
We visit your property, assess the market, and advise on the best auction strategy and guide price.
Legal Pack & Marketing
We prepare the legal pack and launch premium marketing across major portals and our buyer database.
Bidding & Sale
Buyers bid competitively, either live or online. The highest bidder wins and the sale is legally binding.
Completion
Contracts are exchanged immediately. Completion follows within 28 days (or agreed timeframe). Done.
Auction FAQs
How much does it cost to sell by auction?
Our auction service is competitively priced and we'll explain all costs upfront before you commit. There are no hidden fees. The buyer typically pays a reservation fee or premium on top of the sale price.
What is a guide price?
The guide price is an indication of the seller's minimum expectation. It's designed to generate interest. The actual sale price is often higher as competitive bidding drives the price up.
What happens if my property doesn't sell?
If your property doesn't reach the reserve price, it won't sell. We'll then discuss alternative strategies with you, whether that's adjusting the reserve or switching to a traditional sale.
Do I need a solicitor before auction?
Yes. A legal pack needs to be prepared before marketing begins. We can recommend trusted local solicitors who specialise in auction sales.
Can I still live in the property during the auction process?
Absolutely. You can continue living in your property throughout the marketing period and right up until completion day.
How quickly can I sell?
From instruction to completion, the typical timeline is 6-8 weeks. The marketing period is usually 3-4 weeks, followed by a 28-day completion period.
Get Your Free Auction Appraisal
Not sure if auction is right for your property? Get in touch for a free, no-obligation chat. We'll give you honest advice on whether auction or a traditional sale is the best route for you.