Properties are purchased at an acceptable market value through competitive bidding
The Buyer knows that the Seller is committed to the sale and is not simply testing the market
Buyers know that they are competing equally, subject to the same terms and conditions as all other Buyers
Buyers determine the purchase price
Attractive Buyers commission rate of 10% in line with the industry norm of 7% to 10%
The sale is open and transparent
Auction eliminates long negotiation periods
The purchase closing date is known
Buyers receive comprehensive information on the property via a due diligence pack, which includes on-site viewings
Advantages of the Swindon Auction Process
All information on every property is available on our website, including:
- High definition images
- Videos & video tours
- Legal documentation
- Comprehensive Bidder packs
Full access to our team of property specialists to assist you throughout the process. We aim to provide clarity where required, enabling you to make a decision in confidence come auction day.
Where necessary, we will facilitate negotiations amongst the Buyer and Seller.
We also have the services of an in-house finance procurement specialist to assist you with pre-approval prior to auction.
Clear and transparent process, including previously confirmed sales conditions and a market-related reserve price.
In order to participate in any of Swindon's auctions, the following is required:
Registration on our app and submission of the required FICA documents (Copy of ID document, proof of residence and letter of authority to sign on behalf of a juristic entity).
Acknowledgement and acceptance of the Terms and Conditions prior to confirmation of registration approval.