We’re entering a new era of property selling, “Only a few years ago, auctions were seen as a last resort to shift a difficult property or make a quick sale where needed,” Says Charlotte Flake of The Negotiator, “All that has changed.” In her article she makes the case that that Auctions are changing the property market and how we should be selling properties.

Auctions are no longer restricted to just cash buyers and investors looking for high yield investments or development and renovation projects, its now seen as an innovative sale model offering both sellers and buyers with a significant increase in sales security. With the market average of around 1 in 3 sales experiencing a fall through auctions have a much higher success rate. Here at Whoobid we pride ourselves on an over 95% completion success rate.

We ensure this security for our sellers by charging the buyer our fee. Which while in itself is a great incentive for our sellers it also increases the security of the sale by having the buyer make an immediate financial commitment to the sale the moment an offer is accepted or the hammer falls.