Tip: I only ever recommend dealing with auction houses who are NAEA-protected, NAVA-protected, and are members of the Property Ombudsman.
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Tip: If you’re selling your house at auction it’s a good idea to look for an auction house with a strong focus on your area.
- Free referral to my #1 Leading Auction House in your area.
(Take the guesswork + time out of choosing who to use) - Free valuation + all your auction questions answered...
(by experienced auction experts I know and trust) - And if you decide to sell... enjoy Preferential Rates
(Exclusive discounts for Home Selling Expert readers)
We break performance into 3 key parts: Market Share, Succes Rate, and Customer Satisfaction.
Market Share
Tip: When you’re deciding which auction house to sell with, a larger market share can mean a safer bet.
Don't rule out smaller auction houses though. Your experience with a company ultimately comes down to the person you deal with there, rather than the size of the company. Read more here.
Success Rate
Tip: A higher success rate usually means an auction house is more realistic with their valuations, are less likely to take on customers with unrealistic expectations, and may be more efficient at generating interest and bids from buyers.
Reviews
Tip: Review scores are important to consider, but it’s important know what customers are actually saying as well. We outline the overall themes of their reviews further down this page.
Commission Fee
Buyer's Premium
Tip: Buying at auction? More than 25% of buyers get caught out by unexpected fees. Don't be one of them. Download our free checklist and learn where to spot hidden auction fees.
Other Fees For Sellers
- Free referral to my #1 Leading Auction House in your area.
(Take the guesswork + time out of choosing who to use) - Free valuation + all your auction questions answered...
(by experienced auction experts I know and trust) - And if you decide to sell... enjoy Preferential Rates
(Exclusive discounts for Home Selling Expert readers)
Good things people say (Pros)
What can be improved (Cons)
What types of auction do they run?
Bond Wolfe run eight traditional property auctions every year which are live-streamed online. Bond Wolfe also offer an online auction facility, which offers more flexible start and finish dates.
With traditional auctions, a non-refundable 10% deposit is paid, and contracts are exchanged immediately. The buyer must then complete within the agreed completion period, which tends to be 28 days.
What happens on auction day?
You will be able to watch the live-streamed auction online and see everything unfold in real time.
Pre-registered bidders can make offers by telephone, proxy or online.
If the property reaches the agreed reserve price, then the lot will be sold with an immediate exchange of contracts. The buyer will have to pay a 10% deposit immediately and must complete within the agreed completion period (which is usually 28 days).
What happens if your property doesn't sell at auction?
If the property fails to sell at auction your contract will automatically extend for an additional 2 weeks. During this time, Bond Wolfe will try and tie up a post-auction sale for you.
You can also enter the lot into the next available auction at no additional cost.
If the property is still unsold after those 2 weeks, you’re released from the contract and can move on.
We're adding more information all the time. Check back soon, or contact us right now for advice. Hit one of those big buttons to get started.
Bond Wolfe prepare a bespoke marketing campaign for each property, which includes:
- advertisement on their website and inclusion in their auction catalogue (for in-room lots)
- advertisement on Rightmove, Zoopla, OnTheMarket and Facebook Marketplace
- “auction for sale” board
- local and national press advertising, where applicable
- social media coverage, including Facebook, Twitter, Instagram and LinkedIn
Bond Wolfe will also send your property details to their extensive database of buyers.
The advertising process is carried out for a minimum of 3 weeks prior to the auction date to ensure your lot is visible and available to all potential buyers.
How do they get property photos?
A member of the team will visit the property and take photographs.
Will your listings include a floor plan and video walkthrough?
Your listing will include a virtual tour which integrates a floor plan for the property.
Buyers will be able to view the property using Bond Wolfe’s 360 virtual tours.
Bond Wolfe also organise viewings on your behalf and include their viewing schedule, with dates and times, on their website, property portals and in the catalogue for each lot.
We're adding more information all the time. Check back soon, or contact us right now for advice. Hit one of those big buttons to get started.
Bond Wolfe offer in-person or virtual valuations.
They will then work with you to come up with a reserve price that you are happy with, and you can then decide whether you’d like to move forward.
The contract runs up until the auction date. It extends for an additional 2 weeks if the property fails to sell.
We're adding more information all the time. Check back soon, or contact us right now for advice. Hit one of those big buttons to get started.
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- Free referral to my #1 Leading Auction House in your area.
(Take the guesswork + time out of choosing who to use) - Free valuation + all your auction questions answered...
(by experienced auction experts I know and trust) - And if you decide to sell... enjoy Preferential Rates
(Exclusive discounts for Home Selling Expert readers)