iamsold is the pioneer of the modern method of auction and no other auction provider in the UK and Ireland offers estate agents such a complete and comprehensive range of property auction services.
Over 2,000 estate agent branches currently combine their local knowledge and property expertise with our award-winning auction service, allowing them to offer their sellers and buyers with both traditional and modern methods of auction.
A familiar auction method that usually takes place at a live auction event. It offers the buyer and seller speed and complete security as the buyer makes payment of a 10% deposit and exchange of contracts takes place straight away. Completion takes place 28 days later.
These more restrictive timeframes can limit interest to cash buyers and investors so its usually best suited to those that need a quick sale, are not in a chain, or have a property that wouldn’t be considered as suitable for mortgage lending.
The modern method of auction combines elements of private treaty and traditional auction, making it a more accessible auction method. These auctions usually take place online, creating a larger marketplace which helps gather more interest and activity.
This method offers the security of traditional auction as the buyer pays a non-refundable reservation fee and signs a reservation form, committing them to the purchase. Like traditional auction this method has fixed timescales, however these are 56 days to complete making this auction method accessible to mortgage and residential buyers as well as investors and cash buyers.
This method is often best suited to sellers that are looking for the speed and security of an auction with a larger buyer market.
Established in 1989, we are now in our third decade of successful trading and have grown to become one of Liverpool's leading independent property specialists. Our traditional values of honesty and integrity are combined with the latest technological advances to provide you with the finest personal service. Over the years, we have regularly won awards for various aspects of our business from IT, through to sales and lettings. Andrew Louis have become well known for embracing change. The forward thinking innovative attitude is designed to offer professional, efficient service on a more friendly level.