Property Auctions
A faster, more secure way of selling and buying property, in partnership with iamsold.
In partnership with iamsold, Colin Graham Residential offers a modern auction service alongside traditional Private Treaty sales. This platform provides a binding bids process that cuts the normal transaction time by approximately 50%, giving both buyers and sellers greater certainty and speed.
The iamsold platform has transacted close to 10,000 property sales across the UK and Ireland, operating since 2009. It is suitable for all property types, including non-mortgageable properties.
For Vendors & Buyers
For Vendors
- 50% faster than traditional sales, cutting weeks off the transaction timeline
- No sale, no fee: you only pay if your property sells successfully
- Broad reach to buyers across the UK and Ireland
- Binding bids mean the sale is legally committed once accepted
- All property types welcome, including non-mortgageable properties
For Buyers
- Legal documents upfront: access all the information you need before bidding
- No unexpected issues: full transparency means no surprises or delays
- Competitive pricing: transparent bidding ensures fair market value
- Flexible funding: suitable for cash buyers or those with confirmed mortgage funding
How the Auction Process Works
Instruct Us
We value your property and prepare the legal pack for auction.
Marketing
Your property is marketed to buyers across the UK and Ireland.
Bidding
Buyers submit binding bids with a security deposit. You choose whether to accept.
Completion
Once accepted, the sale is legally binding and completes in a fraction of the usual time.
Frequently Asked Questions
What is a Bidder Security Deposit?
Interested buyers pay a security deposit when placing their bid. This becomes non-refundable if their bid is accepted by the vendor, which secures the sale and prevents the buyer from pulling out.
Is the auction suitable for all property types?
Yes. The iamsold platform is suitable for all property types, including those that may not be eligible for traditional mortgages. It is particularly popular for investment properties, renovation projects and land.
How long does the process take?
The auction process typically completes in around half the time of a traditional sale. Most transactions complete within 8 to 10 weeks from instruction.
What are the costs?
Our auction service operates on a no sale, no fee basis. You only pay when your property sells successfully. Contact us for full details of fees and charges.
Interested in selling at auction?
Contact us to find out if the auction route is right for your property. Our team will talk you through the process and provide a free valuation.