WELCOME HOME Changing the perception of property auction

Our Flexible Auction Services

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.

 

The Traditional Method 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

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.

Find out how much you home is worth with a free no obligation valuation.

Local Properties

Starting Bid and Reserve Price

*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by IAM Sold.

This simple way to buy a house is a breath of fresh air. We could not recommend highly enough. 56 days start to finish!

ABOUT US

Welcome to Oakfield Estate Agents; a leading independent agent in East Sussex with branches in EastbourneBexhill and Hastings.

Buying or renting property, whether it is your first move or you are an experienced mover, can be a daunting process. To put your mind at rest throughout this process you need an agent that will hold your hand and guide you through the process making it as smooth a process as possible for you.

At Oakfield Estate Agents, we pride ourselves on building lasting relationships with our Clients and offering outstanding customer service every time. We believe a great deal of our success during our 20 years in business is down to the dedicated, experienced and professional staff we have in our branches. Our Marketing Consultants have an excellent knowledge of the local East Sussex area and always go that extra mile to ensure our Clients experience with Oakfield Estate Agents is a positive one.

Our High Street estate and lettings agents in EastbourneBexhill and Hastings work closely together and provide our Vendors and Landlords the opportunity to market their properties through all of the branches to a very wide selection of Buyers and Tenants.