How to Use an Online Auction to Sell Your Home

If you’re a motivated seller looking for an alternative and quick way to sell your home, an online auction could be the solution. A recent study of the housing market concluded that one in three private treaty house sales (this is the traditional method of selling a property) fell through in the last year – which isn’t good news if you have a compelling reason to sell. Auctions have a less than 4% chance of fall-through. The online auction process puts contracts in place to give the seller peace of mind and the buyer a straightforward path to closing a deal, giving you a route to a more secure sale. Unfortunately, there are still many misconceptions about property auctions that prevent sellers from capitalising on this opportunity. In this BONUS EPISODE of the Move iQ podcast, Phil Spencer is joined by Alex Willis, Director at GOTO Group – our wonderful sponsors of the show. GOTO’s concierge services have everything you need to move stress-free from choosing the right agent, mortgage advisor, solicitor, surveyor, and even removals. Phil and Alex enjoy a fantastic conversation about how the digital property auction process has developed and why it can be the best option for  motivated sellers. Listen in to find out: How an online auction differs from the more conventional way to put your property on the market If an online auction is a suitable way for you to sell your house How online auctions confidently secure a buyer The four main benefits of using an online auction to sell your home How an online auction takes place What a committed buyer service is The benefits and warnings for online auction buyers Thank you for listening to the Move iQ podcast! If you enjoyed the show, please subscribe via your favourite podcast app and don’t forget to leave a review. Thank you to our incredible sponsors, GOTO, who take the stress out of selling and moving home. Learn more about how GOTO Group can help you move with less stress today! Want to learn more about selling your home in an online auction? It might not have been your first thought on how to sell your home, but if you’re interested in a fast, fuss-free sale, an online auction could be a smart move. So, if you want to learn more about the pros and cons of selling your home this way, online auction fees, and whether an online auction will affect the price of your property, click here. Want to learn more about buying a property in an online auction? If you’re considering buying a home at auction, know that it is vastly different to the usual channels. To learn more about the process, take the time to read our guide to Buying Property at Auction. There will always be benefits and pitfalls to any property-buying route, so it’s important to find the right route for you. Find out more about Move iQ To find out more about Move iQ, you can visit our website, where you can register to receive offers and benefits, and sign-up to receive our exclusive monthly newsletter. Please also connect with us on Facebook, Instagram, Twitter or LinkedIn. If you have any questions for Phil or any special requests for topics to cover on the podcast then please email [email protected]. We’ve also got lots of great videos over on YouTube, so be sure to subscribe to our channel and let us know what you think.