Auctions
Streamlined auction services
At Jordan & Halstead, we offer a streamlined auction service designed to help sellers achieve a quick, secure sale, while giving buyers confidence in their purchase. Our auction process offers both in-room and online auctions, ensuring flexibility and convenience for all parties.
Why sell at auction?
Speed: achieve a sale within a defined time frame, typically 28 days after the auction.
Certainty: Once the hammer falls, the sale is legally binding, giving you peace of mind.
Competition: Auctions can generate competitive bidding, often achieving a higher price than traditional sales methods.
How it works for sellers
Begin with a no-obligation valuation of your property. Our experienced auction valuers will assess your property and advise if an auction is the best method for you.
We launch an extensive marketing campaign across major property portals, as well as through email and social media channels. This exposure ensures that your property reaches the widest possible audience.
We work with you to set a reserve price—the minimum amount you’re willing to accept. This is confidential and ensures that your property won’t sell for less than you’re comfortable with
We arrange and manage viewings in the lead-up to the auction, ensuring potential buyers can view the property and submit pre-auction offers if desired
On the day of the auction, buyers will bid for your property. If the final bid exceeds the reserve price, the sale is agreed, and contracts are exchanged immediately.
Completion typically occurs within 28 days, giving you the confidence of a fast, secure transaction.
Auction methods
Unconditional auction
Once the auction ends, contracts are exchanged immediately. A 10% deposit is paid on the day, and the sale completes within 28 days. This is ideal for sellers looking for certainty and speed.
Conditional auction (modern method of auction)
The buyer has a 28-day period to exchange contracts after the auction, with a further 28 days to complete the sale. This method offers more flexibility to the buyer while still providing a secure transaction for the seller
Why choose Jordan & Halstead?
Our auction specialists provide accurate and realistic valuations to help you achieve the best price.
We utilise a multi-channel marketing approach to ensure your property gets maximum exposure.
Whether you’re buying or selling, our team will guide you through every step of the auction process.
We offer both in-room and online auction options to suit your needs.
Get in touch with us
If you’re considering selling or buying property through auction, we’re here to help. Contact our team today to discuss your options or learn more about our upcoming auction events.