At Prime Estates, we’re proud to offer the Modern Method of Auction in partnership with iamsold - giving you another way to sell your property that’s secure, chain-free and designed to get real results without unnecessary delays.
Modern Auction blends the speed of traditional auction with the flexibility of private treaty; making it suitable for residential homes, investors, and sellers looking for commitment from buyers up-front.
Unlike traditional in-room auctions, this is an online process. Buyers have more time to complete their due diligence and can often use a mortgage; sellers gain faster, more committed transactions without giving their property away.
We keep our fees simple, transparent and fully in line with the Tenant Fees Act 2019. Here's what you might be charged and when:
We’ll always explain fees clearly and provide all required documentation before you sign.
If you have any questions at any stage - just ask.
Modern Auction offers more than just speed. Here’s what makes it attractive:
It’s particularly suited to:
The Committed Buyer Service is exclusive to the Modern Auction route. It gives both sides protection:
This ensures that once a bid is accepted, the buyer cannot simply back out - giving you certainty, structure and speed.
“From valuation through to completion, the team at Prime Estates were fantastic - the auction gave me a quick, confident sale without all the stress.” - Mrs S, Yardley
“I was sceptical at first, but Modern Auction helped me secure a committed buyer quickly and I didn’t pay any selling fees. Win-win.” - Mr L, Castle Bromwich
If you’re curious about whether your property is right for auction - or want to understand the pros and cons for your specific situation - just ask.