Estate Agents… Additional Revenues NOW!

How would you like to be paid 65€ for every resale property you have on your books,

Plus a further 65 €uros for every resale property you take from now on?

• Unique and Additional Revenue Stream for Estate Agents
• Additional service to sell to your existing and new vendors
• Offer more than your competition, and make extra profit
• Earn Money each time you take on a new property
• Justify a charge for taking photos
• No Commission Share, we only charge a fixed fee of £300/330€ for each property sold through our Auction.
• Huge marketing exposure for your properties
• Potential 500€ - 1,000€ per month
• No Capital outlay, No monthly costs

Covering...  - UK - Ireland - Spain - Turkey - Bulgaria - Cyprus -

“Property for Sale by Auction” is an international online property auction which has been constantly marketed through Google over recent months in preparation for our launch on 30th September 2009.  As a result, we now have an extensive database of buyers not only from Spain and the UK, but from the hundreds of ex-pats moving from and to a range of Countries including Bulgaria, Cyprus, Turkey and Ireland, as well as the UK and Spain.

Furthermore, our buyers are not limited to hardened investors looking to steal a bargain property.  Our on-line auction is easily accessible by the thousands of buyers who ordinarily would feel intimidated by an auction, and not attend as a result.  Buyers are not rushed as in a live auction, but focused on a final date by when they would have had time to do their due diligence and make their bid.

This is a closed bid auction, which means that all bids are made blind of what other bidders have bid.  Even if you do not achieve bids above your client's reserve price, which would include your commission, you could receive a number of bids which could be negotiated, following the auction close.  You must include your commission in the reserve price .  Even if your vendor is not prepared to negotiate, you would have direct contact with the bidders, providing you with additional sales opportunities.

How does the Estate Agent make money?

Entry into the auction costs £79 Sterling, or 89 €uros.  As an Estate Agent, you can purchase the entry on behalf of your vendor for only £20 sterling or 24 €uros, generating a profit of £59 or 65 €uros, potentially for every property you have on your books, in addition to properties you take on thereafter.

Free Offer...

Register before the 30th September and you can auction your 3 best value properties Free of Charge! You will require your Discount Password which is "Free Agent"

What about the Estate Agent’s commission?

As the Estate Agent you will include your commission in the reserve price.  Of course, this does not preclude you from negotiating with one of the bidders in order to get your vendor a nearest offer, and then negotiating with your vendor.  As you would know, a small compromise on all sides will often result in a successful sale where everybody gains.  You as the agent would manage the negotiation as in any other sale, but often with more than one bidder, allowing extra bites at the cherry.

Who receives The Enquiries and Bids?

You the Estate Agent receive all bids and enquiries direct from the buyer, we do not deal directly with your vendors or your buyers.

What does “Reserve Price” mean exactly?

The reserve price means that the vendor is not obligated to accept any offer below that figure.  The vendor is obligated however, to accept any bid/offer above the reserve price.  This would normally be the highest bid.

How long does the auction last?

Auctions last for 30 days allowing buyers time to carry out viewings and any surveys required before making their bid.  All viewings are conducted by you the agent, just as with any other buyer enquiry.

What are the processes to register a property for auction?

Our auction is designed to make all types of buyers feel comfortable with buying through auction, as opposed to just the hardened predators looking to steal a bargain.

In order to accommodate all types of buyer, we offer 2 processes.  The Standard Sale Completion, where the process is virtually the same as any standard sale, i.e. you will advise the winning bidder and commence your sales process as usual.  This process uses the auction merely as a means of achieving bids and offers, which if not over reserve price, at least allow for negotiation.

We do insist that both parties provide details of their solicitors upon either registering a property for sale, or making a bid.  No properties or bids are accepted without solicitor’s contact details.

We also offer the Rapid Sale Completion which means that the property owners  have already engaged a solicitor to prepare all searches and a contract of sale in advance, similar to a live auction.  This brings about a faster completion, although most people still prefer the simple standard method.

We can suggest a solicitor to do this for you if required, although as agents we appreciate you probably already have solicitors you can recommend.

What about Viewings?

As the estate agent, you will manage all viewings in the same way you do whenever a buyer makes an enquiry.

Can the owner accept a bid before the auction close?

Yes, bids can be accepted at anytime, and the property can be withdrawn at any time prior to the final date of auction.

When is the Auction Entrance fee payable?

We recommend that you charge this fee to your vendors, prior to uploading their property to the auction.

Once you have uploaded a property, we shall email you a PayPal Secure Payment Request, which is payable prior to the property going live.

When is the commission payable?

We do not ask for a commission share.  We charge a fixed fee of only £300/330€ for every property sold through our auction.

We make this charge only upon successful completion of the sale of a property through this auction.

Is there a limit to how many properties we can enter?

There is no limit, but it would not be wise to enter properties where you know they are totally overpriced for current market conditions, but all properties which you believe are realistically priced in the marketplace have a great chance off attracting solid bids and achieving a sale.