1. Setting the Reserve Price
The property is listed online as a “Sell Now” property, with the price you wish to sell the property for.
2. Legal Pack
We will introduce you to a specialised Auction conveyancer who will prepare the legal pack which generally contains copies of the Title Deeds, Special Conditions of Sale, Land Registry Search, Leases (if applicable) and other appropriate documents. The cost of the legal pack fee is £149 payable before we start to market your property.
3. Marketing
When preparing your property for marketing we will inspect it, take measurements and have the property photographed (should we feel the photographs are unsatisfactory we can arrange for professional photographer to come to your property at a small cost to you).
We then offer unrivalled market exposure of your property. Our auction is online worldwide and shared amongst our extensive auction network instantly.
4. Property Secured / Sold
The buyer will then be asked to pay an exclusivity reservation fee of 1%. Once the exclusivity reservation fee has been paid, the sale is legally binding, and the buyer has reserved your property. This provides you with a committed buyer for your property immediately.
5. Completion
Opal Property Auctions will undertake the sales progression, with 28 days to exchange , and a further 14 business days to completion.
Your sale will be dealt with by our sales progression team who will keep all parties up to date with the progress of the sale. During this period, we advise you act swiftly and liaise with you conveyancer to ensure deadlines for completion are met.
If you are a landlord looking to sell your property or portfolio we have investors in our database looking for buy to let properties, giving you an immediate sale!
Why not join our other property vendors and discover a 24/7 way to sell property. Register below for free valuation to get started.
The Opal “bid” selling process
Read our bidding process
Request a Valuation!
We offer a free no-obligation valuation
New to our 24/7 auction?
Read our selling FAQ’s.
