The Property Bid

So what's ThePropertyBid.com all about?

The site was set up for 3 main reasons:

People like the idea of selling and purchasing properties from a traditional auction house but were too intimidated with the process, fees and auction room environment.

A lot of people wanted to use the Internet to save time and money.

Most people did not want to use an Estate Agent but felt confident enough to sell their property privately.

Therefore, after we listened to that feedback and did some further research, the decision was made to just do it!

ThePropertyBid.com is unlike the other traditional auction houses and much simpler to use than the existing property auction sites as it has has no complicated forms to download where you have to print, complete, sign and return by post nor does it have any registration fees unlike other sites that claim to be easy to use.

ThePropertyBid.com is a modern method that allows both buyers and sellers to sell and bid for properties in a less stressful, easier & comfortable environment. Sellers can host, upload and sell properties in their own auction. The vendor a.k.a the seller can even film the property from their mobile handset and upload the clip to the property profile to increase the marketing. You are in complete control as you can even determine the start time and duration. The buyers can logon and bid for any available properties whether it be from home, work or their handheld device.

So why should I use ThePropertyBid.com site?

The biggest advantages of selling through ThePropertyBid.com are:

• The vast marketing exposure

– Each property is advertised in national, trade and local press as well as other innovative digital media.

• a very high number of serious registered buyers.

• the satisfaction that, in an open competition and with a realistic reserve price, the property will achieve the best possible market price.

Please note. Auction properties are sold unconditionally, not sold “subject to contract”, “subject to finance” or “subject to survey” and unlike an Estate Agents, the successful bidder is LEGALLY OBLIGED TO COMPLETE THE SALE.

Free quality listing of your property on ThePropertyBid.com 24 hours a day.

Manage your auction start/finishing times, viewings & offers of your property, 24 hours a day.

Manage your auction start/finishing times, viewings & offers of your property, 24 hours a day.

Free quality listing of your property on ThePropertyBid.com 24 hours a day.

A higher final selling price could be achieved using ThePropertyBid.com.

As many photos of your property on your auction as you like or upload a video clip, for free only on Thepropertybid.com.

The lowest commission – Normally 2% (Including VAT) but 1% (including VAT) for a limited time.

As a buyer:

Time Saving – No more need to take time off work to attend an auction which occurs every couple of months. View and bid for your new property from the comfort of your own home or office.

More Choice – Thepropertybid.com can offer a wider range of properties.

Equal Opportunity - All interested parties can have an equal chance of buying.

No Gazumping - There is no risk of being 'gazumped' because the property is sold on the fall of the 'digital gavel' and the contract is binding.

Safe Purchasing - There is no danger of the vendor 'pulling out' as the contract of sale is binding as soon as the 'digital' gavel falls.

Saleshould be complete within 28 days.
*Subject to legal work and surveys.

At the end of the auction the successful bidder then pays the commission and each parties legal representatives continue the transaction.