Why sell through Whoobid over a standard estate agency?
95% + Completion Rate
Here at Whoobid we deliver an exceptionally high sales rate for our clients and see over 95% of all agreed sales through to completion. Our team of trained auctioneers will guide you through the process from start to finish for a simple, stress-free sale.
That’s correct, we charge 0% commission to sellers. All fees are payable via the buyer. For example, if we sold your property for £200,000 you would receive £200,000 minus your standard legal fees associated with any sale.
Simple, Safe and Secure
We pride ourselves on customer service here at Whoobid, we handle everything from listing the property, marketing, viewings and sale negotiations. We have experience in dealing with transactions of all sizes from £5,000 garages to multimillion-pound portfolio purchases. The huge benefit to yourself as a seller is the security, we take a “fee” from the buyers within 3 hours of any agreed sale. We will then either execute an exchange or a conditional exchange which grants the buyer exclusivity for 28 days depending on the sale type we advise for you. This immediate commitment from purchasers is why we can pride ourselves on over a 95% completion rate on agreed sales.
Cash and Mortgage Buyers
Unlike many auction companies we offer two different types of auction, this is to ensure our clients have maximum flexibility, so we achieve the best possible result. The first and most common type of auction is the Traditional Method, this is instant exchange once the hammer has fallen or an offer agreed with 28 days to complete thereafter.
The second is the Modern Method of Auction, this gives more time for buyers to organise finance on your property so that the auction is not restricted solely to cash buyers or investors. With this option, a 28 day exclusivity is granted in which the buyer has 28 days to exchange and gives them the necessary time to arrange finance and so forth. We will advise you on the best option for you based upon your property and needs.
Local Property Experts
We have dedicated Property Experts across the UK who will assist with the marketing of your properties and give you the best possible advice and expertise. You will have a dedicated auctioneer assigned to your property and they will guide you through the process to make it as clear and straight-forward as possible whilst offering you sound advice.
Set a Reserve
You have the ability to set a reserve price, this is the minimum amount that we can sell your property for in an auction event to ensure there are no surprises. Your local auctioneer will value your property and this figure will be agreed with you prior to marketing.
Types of Property Suitable for Auction
We sell residential, commercial, mixed-use developments & land across the UK. The local auctioneer will advise you on the suitability of your property for auction and the likely outcome.
Our Database of Buyers
We have a database of thousands of clients looking for property across the UK. Your property will be sent to clients on our database whose property criteria matches your property as well as being marketed in the usual channels giving your property maximum exposure. We regularly have situations where we sell the property to an existing client before it even hits the open market, we have exchanged properties in as little as 2 days from instruction.
Auction Marketing Period
We will recommend a marketing period and set an auction date which is tailored to your property, this is usually 4-6 weeks depending on your requirements and personal needs. We are often able to agree sales prior to auction if you would prefer a swift purchase. You will be kept up to date with any offers before the auction event, if an offer is of an acceptable level we are able to exchange the property immediately just as we would in the auction event.