Auction Guide

WK Property is now able to provide a new service to sell property in a quick and secure way via the Modern Method of Auction.

WK Auction is a revolutionary new online property auction system which allows its vendors to sell their properties quickly, for the maximum market price and without having to pay any agency fees. Vendors are able to set a minimum reserve price which allows them to be in complete control of the process and they can log onto the site and see how many watchers and bids their property is receiving. This makes the sales process completely transparent and the ebay-style property auction service is available online 24 hours a day, 7 days a week.

The Modern Method of Auction provides greater flexibility than Traditional Auction by allowing the buyer 28 days to exchange contracts and a further 28 days to complete the transaction. This still maintains the security of Traditional Auction through the payment of a non-refundable reservation fee or deposit by the buyer. As a result of this, the Modern Method of Auction opens up the auction market, once reserved for the professional investor or cash rich buyer up to normal residential buyers and creates a larger market place, more interest and higher prices than Traditional Auction.

For more information on our new auction service or how to sell your property through the Modern Method of Auction, please contact the your local branch here.