Next Auction date: 23rd April 2021

   

Selling a property by auction

  • Led by our Auctions Manager Simon Clayton, Leaders’ auctions offer one of the fastest, most transparent and effective ways to sell property and land. It’s so much easier than you may think, offering a high degree of certainty that contracts will be exchanged on the stated day. The entire sales process, from instruction to exchange of contracts, is achieved in as little as four to six weeks.

    The benefits of selling property at auction:

    • Certainty: Contracts are exchanged on the day of the auction
    • Speed: Instruction to exchange can take as little as four to six weeks
    • Transparency: All interested buyers bid publicly for the property or land
    • Extensive Marketing: Your property is promoted to the UK and beyond through a comprehensive marketing campaign 
Sell at Auction Image

A guide to selling property at auction

property valuation

Step 1: Property valuation

During the inspection we will inform you of the value of your property or land and advise you on the best way to sell your property.

reserve price

Step 2: Reserve price

When the property is advertised for sale by auction we will agree a confidential reserve price, which is the minimum amount that the property can be sold for.

marketing your property

Step 3: Marketing

A comprehensive and extensive marketing campaign is utilised to encourage as much interest as possible prior to auction day.

instruct a solicitor

Step 4: Legal pack

Your solicitor will need to prepare the legal pack, which we need to provide to prospective buyers to view before they bid.

viewing times

Step 5: Viewing times

Set viewing times are publicised for prospective buyers to inspect the property and are carried out by our local property experts.

auction day

Step 6: Auction day

Our auctions take place at the Green Park Conference Centre in Reading, where all interested parties come to bid against each other, in a public environment.

fall of gavel

Step 7: Fall of the gavel

Contracts are exchanged with the highest bidder once the reserve price has been met. The buyer will then sign the sale memorandum and pay a 10% non-refundable deposit.

completion

Step 8: Completion

Completion normally takes place just 20 working days (4 weeks) after the auction as per the special conditions of sale, when the balance of the purchase price is paid.

Your free property valuation awaits…

It only takes two minutes to book a valuation with one of our local property experts.
Our experience and market knowledge will provide you with an accurate price for your property.

Book now

Book your free property valuation at a time that suits you. To get started please enter your property’s postcode and select the address:

*Mandatory fields Can't find your address?

Need any help?

To book your free property valuation please call us on:

01344 753 120

You can trust Leaders Auctions

Helping customers sell property and land at auction since 2002.

175
properties sold at auction over the last 24 months
92%
sold success rate
90%
of lots sold for their guide price or higher
13,706
registered buyers on our database

Online Auctions – a fast, secure and transparent method for selling property

  • Leaders’ Online Auctions is a new, innovate and pioneering platform for selling property. it provides all the benefits of traditional auctions, whilst also providing sellers with:

    • Convenience: sell on a date and time that best suits you
    • Seller security: 10% deposit is secured at the fall of the electronic gavel
    • Longer bidding periods: auction your property over days, not minutes
    • Increased marketing period: build more interest in your property for longer, before it goes to auction.

    Find out more about selling at Leaders online auctions by calling our Auctions team on 033 3230 4566, or arrange a free valuation today!

online auctions

Why not attend our next property auction?

Directions

Our auction room is located at the Conference Centre, 100 Longwater Avenue, Green Park – just off junction 11 of the M4 at Reading.

Situated within attractive landscaped grounds, there is free car parking on site and facilities including a restaurant serving drinks, snacks and hot meals.

100 Longwater Avenue
Green Park
Reading
RG2 6GP

GET DIRECTIONS

Meet your auction experts

Simon Clayton

Manager and Auctioneer

Simon has worked in the property industry for over 30 years and is a qualified member of the National Association of Valuers and Auctioneers.

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Gareth Bell

Auctioneer

Gareth has worked in the property industry for over 25 years.  For 17 years he has worked as an auctioneer overseeing residential and commercial disposals.

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Daniel Gale

Surveyor

Daniel has worked in the property industry since 2006.  He has considerable experience in both residential and commercial property.

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Paul Higgins-Drysdale

Auctions Valuer

Paul has worked in the property industry for over 16 years. He has experience in residential estate agency, auction valuing and property investment. 

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