Compare online property auctions
Buying and selling with online property auctions, sometimes called ‘modern method’ or ‘conditional auctions’, is the new way of buying and selling that’s becoming more popular and it’s easy to see why – it’s quick, it’s transparent and there is zero chance of gazumping. A key difference versus traditional auctions is that buyers have time to secure a mortgage. Learn more about how to buy and sell at online property auctions.
We compare all the main online property auction providers, their size, their fees and customers’ ratings.
(Last updated April 2021)
Online Property Auction Comparison Table
| Name | # of properties listed or sold (as of March 2021) | What they say | Features | Reviews | Buyer's fees (inc VAT) | Seller's fees (inc VAT) |
|---|---|---|---|---|---|---|
Name |
# of properties listed or sold (as of March)896 | What they sayOnline property marketplace that works with agents and auctioneers | FeaturesYou can choose your auction duration and dates, giving you complete control over your sale | Reviews4.5/5 trustpilot | Buyer's fees (inc VAT)4.2% of purchase price. £6,000 minimum. If sale does not complete within the exclusivity period because of legal title; deposit will be refunded minus £100 | Seller's fees (inc VAT)Pay for the legal pack |
Name |
# of properties listed or sold (as of March)1166(inc sold) | What they sayWorks with local estate agents to get best of both worlds - local presence with ebay tech | FeaturesCommitted buyer service offers 96% completion and quicker turnaround times than no sale no fee agents | ReviewsN/A | Buyer's fees (inc VAT)Flat fee depends on listing price and estate agent. Varies between £4,800 - £6,600 £354 administration fee | Seller's fees (inc VAT)0 |
Name |
# of properties listed or sold (as of March)1512 | What they sayLargest provider of on-line property auctions with 60% market share. Works with 2,500 estate agents | FeaturesAn alternative for motivated venders to sell their property in a transparent, speedy and secure way. | Reviews4.3/5 trustpilot 4.69/5 reviews.io | Buyer's fees (inc VAT)4.2% of purchase price. Minimum of £6,000k £300 for Buyer's Information Pack | Seller's fees (inc VAT)0 |
Name |
# of properties listed or sold (as of March)42 (inc sold) |
What they sayA powerful platform for an efficient and seamless experience around the clock | FeaturesSecureNow option so you can buy immediately for the listed price | ReviewsN/A | Buyer's fees (inc VAT)£1000+VAT min; otherwise 1%+VAT charge. | Seller's fees (inc VAT)£150-£200 for legal pack |
Name |
# of properties listed or sold (as of March)415 | What they sayMost successful live-streamed property auctioneer | FeaturesOffer online auctions, lasting up to 30 days, and online proxy access to traditional live auctions. | Reviews4.7/5 trustpilot | Buyer's fees (inc VAT)4.8% of the purchase price on properties up to £250,000 OR 3.6% of the purchase price on properties over £250,000. Minimum of £6000 | Seller's fees (inc VAT)£270 for legal pack. Seller can choose to pay selling costs. |
