Auctions

How the online auction works

This is the buyer-facing explanation your bidders would read. Every rule below is enforced by the software, not by memory.

Step 1
Browse the catalogue
Each lot publishes a guide price, BER, description, photographs, the legal pack and the solicitor acting on the sale. Guides are marketing figures, not reserves.
Step 2
Register to bid
You create an account, confirm your email, then submit your identity documents, proof of address and solicitor details. Registration for this sale closes at 23 September, 17:00.
Step 3
Read and acknowledge the legal pack
The platform records which document version you opened and when you acknowledged it. If the vendor's solicitor uploads a revision, every registered bidder is emailed and asked to acknowledge again.
Step 4
Get approved
An auction administrator reviews your documents and approves, queries or declines. Only approved bidders can place a bid, and the approval decision is logged against your record.
Step 5
Bid
Bids must meet the published increment. The screen shows the current bid, whether the reserve has been met and the countdown. Bids in the final minutes extend the clock so nobody is sniped.
Step 6
The hammer falls
The winning bidder pays a 10% deposit and the buyer's fee (1.5% plus VAT, minimum €4,500), and contracts are issued to both solicitors. The platform generates the memorandum of sale automatically.
Step 7
Unsold lots
If a lot does not meet its reserve it is marked provisional. The highest bidder's details go to the vendor for a post-auction negotiation, all tracked in the same record.

Registration and bidding are disabled on this demonstration site. The private bidder screens are shown as previews in the platform section.

For the agency

Why running your own auctions pays

An in-house auction engine keeps the buyer's fee, the data and the relationship inside your business instead of a third-party platform.

The buyer's fee on every lot is yours, not a portal's, and the auction runs under your brand and terms.

Unconditional contracts on the fall of the hammer, with deposits and solicitor details already collected.

Every bid, document version and approval decision is timestamped, so any dispute is answered from the log.