The Property Bid

ThePropertyBid.com welcomes instructions from estate agents who have suitable properties in their portfolio that they feel would do well at auction. We are always happy to enter into a joint agency agreement whereby we split the fees with the joint agent.

1st of all...ThePropertyBid.com is solely an online property auctioneer and doesn't charge for an entrance or listing fee!

Are the properties you have...

Difficult to sell and your client is becoming slightly agitated with the lack in suitable offers?

Your auction will be uploaded immediately (or whenever you decide to start your auction) & our registered buyers will be notified. If you set the reserve price correctly, a buyer will exchange contracts on your client's property within the next 28 days or sometimes much sooner.

Are the properties you have...

Special enough to generate interest so a higher price can be achieved and thus pleasing your client?

By having an online auction presence potential bidders from as far a field as Lands End to John O’Groats can bid for your property and as prices can greatly exceed the seller’s expectations, the property is far more likely to sell for an exceptionally higher price than anticipated. Buyers at ThePropertyBid.com auctions can bid in your auction from the comfort of their home, office or mobile device. Challenges and battles with other bidders will occur and they end up paying more than they would if they had visited an Estate Agent.

Are the properties you have...

Registered with multiple agents - so the chances of you receiving the fee are heavily reduced?

If you are one of several agents working on a property, by setting up your property auction before anyone else does, you are virtually guaranteeing that you will earn the full commision and finally, you will be the agent ultimately credited with selling the property for your customer.

What happens when the auction closes and there is a successful bid?

Well, the first thing is to congratulate yourselves and smile. The next thing is to follow the instructions in the emails and contact the new buyer. ThePropertyBid.com does not take any further part in any of the transaction from the moment the property is declared 'Sold'.

And how much do we charge?

There is no listing fee. The normal commission charge is 2% but for a limited time it's just 1% (including VAT) which will need to be paid within 28 days.

So what do we need to do now?

Just register as a business and the rest is easy and remember that you are in control of your property auction!