iam-sold.co.uK , Is it a serious online acution for properties ?

adindas

An estate agents introduce me about

http://www.iam-sold.co.uk/

Does anyone have any experience of using it or have knowledge about it ?

What I am interested is to find out.

Whether it is a serious and trustable auction place, where the people could buy a real property through an online auction.

Thnanks

downs523

Is this site new? Doesn't have any properties in buckinghamshire

Werdnal

downs523 wrote: »

Is this site new? Doesn't have any properties in buckinghamshire

Looks like you need to search under a town name or postcode. I tried my county and didn't find any results either!

RAS

What is your relationship with this company?

googler

daninthetoon wrote: »

They are a unique auction management company who specialise in selling properties through the modern auction method

Have a look at their success at their auction results they sell over 80% every time!

At which point, I suggest interested parties search this forum for threads relating to this 'modern auction method', since you don't give any detail as to how it differs from traditional ways.....

Also, how do you suggest we research their results?

harrys_dad

A web site with no address and no geographic telephone number, supported by a first time poster, all signs of something not worth getting involved with.

Browntoa

sounds spammy........

Browntoa

if you wish to promote the site have the decency to admit it rather than "i know people that work there "

googler

daninthetoon wrote: »

Hi RAS,

I am friends with a couple who work there, also a family member of mine has sold a inherited property through them, she had nothing but praise for the sensitive way in which they dealt with her situation.

Funny, but I expect that few will believe you...

somethingcorporate

So you do have a personal vested interest? Spam then.

googler

daninthetoon wrote: »

can you tell im a noob to this posting stuff

The modern auction method V's the traditional method...
1)Is the auction open to anyone? modern=yes, traditional=no.
2)Can you buy with a mortgage? modern=yes, traditional=risky.
3 etc etc

This is a summary of the pro's and cons of the auction methods...

Funny how you missed out the bit about non-refundable reservation fees, and selling fees far in excess of what a regular EA would charge.....

I'm no noob, so here's the threads where this method has already been discussed.

https://forums.moneysavingexpert.com/discussion/4508931

https://forums.moneysavingexpert.com/discussion/3090250

https://forums.moneysavingexpert.com/discussion/3923873

https://forums.moneysavingexpert.com/discussion/3704061