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HomeProperty Auction Houses

About Mark Jenkinson & Son Property Auctions

Mark Jenkinson & Son are a small, regional auction house based in Sheffield. They were established on Dec 07, 2021.

Where do Mark Jenkinson & Son Property Auctions cover?

Mark Jenkinson & Son are a regional auction house focused on the Yorkshire and the Humber.

South Yorkshire is their biggest county. They've auctioned 161 properties here in the last 12 months, accounting for 87% of their business.

Mark Jenkinson & Son Property Auctions are a regional auction house. Yorkshire and the Humber is the biggest region for them.

They've auctioned 172 properties here in the last 12 months, accounting for 93% of their business.

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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.

What types of properties do Mark Jenkinson & Son auction?

Mark Jenkinson & Son mainly focus on selling residential properties, which account for 68% of their listings.

Mark Jenkinson & Son Property Auctions mainly focus on selling land, which accounts for 68% of their listings.

They also have a strong presence in selling commercial property, which accounts for 27% of their listings.

They also have a strong presence in selling land, which accounts for 27% of their listings.

What price range do Mark Jenkinson & Son specialise in?

For residential sales, their average selling price is £142676.

This is lower than the national average of £717968, which means they generally cater to the lower end of the market, or focus on regions where property prices are generally cheaper.

This is lower than the national average of £717968, which means they generally cater to the upper end of the market, or focus on regions where property prices are more expensive.

This is lower than the national average of £717968. This either means they don't have a particularly strong focus on the upper or lower end of the market, or means that they focus on regions where property prices are in line with the national average.

£1 – £100k
46%
£100k – £250k
41%
£250k – £500k
9%
£500k – £1m
4%
£1m +
0%

Mark Jenkinson & Son Auction Performance

We break performance into 3 key parts: Market Share, Succes Rate, and Customer Satisfaction.

Market Share

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Market share is the percentage of total auction sales that are made by a single company.
6.5%
19

Mark Jenkinson & Son are the #1 largest auction house in England & Wales.

Mark Jenkinson & Son are the 19 largest auction house in England & Wales.

They sold 118 properties over the last 12 months, giving them a market share of 6.5%. (Nationally, a total of 2140 properties were sold by auction over the last 12 months).

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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

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Auction houses don't sell every property they take on. The success rate is the percentage of their properties they successfully manage to sell.
64%
10

Mark Jenkinson & Son have the #1 highest success rate among auction houses in England & Wales.

Mark Jenkinson & Son have the 10 highest success rate among auction houses in England & Wales.

They successfully sell 64% of the properties they list, which is higher than the national average of 48%.

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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

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Auction house review icon in red - 5 starsAuction house review icon in red - 4.5 starsAuction house review icon in red - 4 starsAuction house review icon in red - 3.5 starsAuction house review icon in red - 3 starsAuction house review icon in red - 2.5 starsAuction house review icon in red - 2 starsAuction house review icon in red - 1.5 starsAuction house review icon in red - 1 starAuction house review icon in red - 0.5 starsAuction house review icon in red - 0 stars
6 Reviews
6 Review

Mark Jenkinson & Son Property Auctions have been reviewed 6 times in the last 12 months, with an average score of 4.5/5. Read more about their reviews here.

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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.

Mark Jenkinson & Son Auction Fees

1.5%
+ vat

Mark Jenkinson & Son charge a standard auction commission fee of 1.5% + vat.

1.5%
+ vat

The auction fee Mark Jenkinson & Son charge depends on the selling price. They charge:

  • 1.5% + vat on properties up to £.
  • % + vat on properties up to £.
  • % + vat on properties above £.
  • 1.5% + vat on properties up to £.
  • % + vat on properties above that.

Commission Fee

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This is the main fee for the service. It's either paid by the buyer, or directly from the sale proceeds, so sellers never have to pay this fee out-of-pocket.
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Who pays the commission fee?

The commission fee is paid by the Seller.

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Is there a minimum fee?

The commission fee is subject to a minimum of £1500 + vat.

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Tip: Although the buyer pays the fee with Mark Jenkinson & Son, sellers shouldn't think of it as a "free service" for them. Whatever additional fees the buyer has to account for will ultimately reduce what they'll be willing to bid for a property, reducing the amount the seller ends up with.

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Tip: Although the buyer pays the fee with some other auction houses, you shouldn't necessarily think of those as "cheaper than" Mark Jenkinson & Son, who charge the sellers the fee. This is because whatever additional fees the buyer has to account for will ultimately reduce what they'll be willing to bid for a property.

Buyer's Premium

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Auction houses often charge the successful bidder an additional fee, called a "Buyer's Premium".
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Are buyers also charged a fee?

Buyers pay an admin fee of % + vat, subject to a minimum of £625 + vat.

Buyers pay an admin fee of £625 + vat.

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Are buyers charged an additional fee on top of the commission?

Buyers pay an additional "buyer's premium" of % + vat, subject to a minimum of £625 + vat.

Buyers pay an additional "buyer's premium" of £625 + vat.

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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

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We've done our best to uncover additional fees charged by Mark Jenkinson & Son. These can change over time though, so always be careful to check the paperwork closely.
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Are there auction entry fees?

Sellers pay an up-front auction entry fee of £495 + vat. This is non-refundable, even if the property fails to sell at auction.

Mark Jenkinson & Son Property Auctions do not charge auction entry fees. Most auction houses charge around £300.

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Do they charge withdrawal fees if you change your mind?

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Are there any hidden costs or other fees?

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What about legal costs?

Remember that you’ll always have legal fees to pay too. These are separate to the auction fees, and Mark Jenkinson & Son Property Auctions don’t have any control over these.

Auction legal fees come in two parts: An up-front element for the legal pack, and the final legal fee, which is paid on completion of your sale.

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Tip: No auction entry fees with the auction houses we recommend. Many auction houses willing to negotiate on this.

Mark Jenkinson & Son Reviews

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Auction house review icon in red - 5 starsAuction house review icon in red - 4.5 starsAuction house review icon in red - 4 starsAuction house review icon in red - 3.5 starsAuction house review icon in red - 3 starsAuction house review icon in red - 2.5 starsAuction house review icon in red - 2 starsAuction house review icon in red - 1.5 starsAuction house review icon in red - 1 starAuction house review icon in red - 0.5 starsAuction house review icon in red - 0 stars
0/5 out of 0 reviews
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Auction house review icon in red - 5 starsAuction house review icon in red - 4.5 starsAuction house review icon in red - 4 starsAuction house review icon in red - 3.5 starsAuction house review icon in red - 3 starsAuction house review icon in red - 2.5 starsAuction house review icon in red - 2 starsAuction house review icon in red - 1.5 starsAuction house review icon in red - 1 starAuction house review icon in red - 0.5 starsAuction house review icon in red - 0 stars
4.5/5 out of 6 reviews
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Auction house review icon in red - 5 starsAuction house review icon in red - 4.5 starsAuction house review icon in red - 4 starsAuction house review icon in red - 3.5 starsAuction house review icon in red - 3 starsAuction house review icon in red - 2.5 starsAuction house review icon in red - 2 starsAuction house review icon in red - 1.5 starsAuction house review icon in red - 1 starAuction house review icon in red - 0.5 starsAuction house review icon in red - 0 stars
0/5 out of 0 reviews
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Auction house review icon in red - 5 starsAuction house review icon in red - 4.5 starsAuction house review icon in red - 4 starsAuction house review icon in red - 3.5 starsAuction house review icon in red - 3 starsAuction house review icon in red - 2.5 starsAuction house review icon in red - 2 starsAuction house review icon in red - 1.5 starsAuction house review icon in red - 1 starAuction house review icon in red - 0.5 starsAuction house review icon in red - 0 stars
0/5 out of 0 reviews

Good things people say (Pros) 

  • Team extremely helpful and experienced
  • Staff know the area well
  • Fantastic selection of properties

What can be improved (Cons) 

  • N/A – no negative reviews within the last year

How Mark Jenkinson & Son work

Mark Jenkinson & Son auction process

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What types of auction do they run?

Mark Jenkinson & son run traditional property auctions which are currently held online every 4-6 weeks.

With traditional auctions, a 10% deposit is paid and contracts are exchanged immediately.  

The buyer must then complete within the agreed completion period, which tends to be 20 working days.

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What happens on auction day?

You will be able to follow the bidding in real time once the auction opens via the online bidding window for each lot.  The auction will proceed in lot order and the scheduled end time for each lot is shown on the screen.

Pre-registered bidders can make offers online via desktop, tablet or mobile phone.

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% non-refundable deposit.

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What happens if your property doesn't sell at auction?

If the property fails to sell at auction, Mark Jenkinson & son will try and agree a sale with any interested parties immediately after the auction.

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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.

How Mark Jenkinson & Son market your property

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How will Mark Jenkinson & Son advertise your property?

Mark Jenkinson & son’s advertising programme includes:

  • Distribution of the colour auction catalogue
  • Press advertising
  • Inclusion on Rightmove and in national auction databases
  • Auction signs to put up outside property
  • Website promotion and database circulation

Mark Jenkinson & son also offer aerial photographs, individual colour brochures, floor plans and specific advertising in publications such as the Estates Gazette or Property Week at an additional cost.

The advertising process is carried out over a period of 3-4 weeks prior to the auction date to ensure your lot is visible and available to all potential buyers.

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How do they get property photos?

A member of the auction team will attend the property to take photos, or you can ask to use your own photos.

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Will your listings include a floor plan and video walkthrough?

Video tours and floor plans are not included standard but can be arranged.

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How do Mark Jenkinson & Son conduct viewings?

A member of the auction team will carry out viewings on your behalf. Each property is different, but they will usually arrange open viewings and one to one viewings where appropriate and depending on the demand.

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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.

Other questions

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How do Mark Jenkinson & Son value your property?

A member of the auction team will either meet you at the property to carry out the valuation or carry out a desktop valuation, depending on the nature of the property.  

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.

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How long is the contract with Mark Jenkinson & Son?

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More info coming soon!

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.

Mark Jenkinson & Son Auction Events & Results

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* = Estimated based on sold prices available

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