GREGORY ABRAMS DAVIDSON SOLICITORS
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Online Property Auctions: What You Need to Know
Online property auctions provide all the advantages of buying and selling by auction, with a remote and easily accessible bidding system, meaning properties can be offered online with exchange of contracts on the fall of the virtual hammer.
If you need to sell fast or buy quick, online property auctions can provide an effective and easy way to ensure you secure the best price for your property.
For the time being, given the COVID-19 pandemic, property auctions will only be held online to allow people to buy and sell property in a safe and secure manner. However, it is likely that this will be a catalyst for the general shift towards remote bidding in the future.
Taking your Instructions 'remotely' for online property auction purchases and sales
Gregory Abrams Davidson Solicitors not only have years of experience in dealing with property auction transactions, but we also have the technology available to assist you through the process of buying and selling via an online auction. Whether you are a buyer or a seller, we offer a smooth, effective, ‘no delay’ system, which is vital for time sensitive online property auction transactions.
During this pandemic we have limited face to face meetings with clients but as many of our clients are based overseas this is a scenario we are familiar with and have adapted to. This means, whether you are buying or selling via an online auction, we are able to take instructions from you by telephone or by video conference i.e., FaceTime, Skype or Zoom, from the comfort of your own home.
Here at Gregory Abrams Davidson we also have the benefit of digital ID scanning and facial recognition software, which can verify ID and source of funds in minutes without the need for you to be physically present. This helps us to avoid physical meetings with our clients whilst also assisting with our ‘no delay’ approach to property online auction transactions.
If you would like to know more information about the property auctions process or about what an auction pack should include? Please click the links below:
Contact our property auction solicitors in Liverpool & London today
If you are looking for expert advice at auction call the Gregory Abrams Davidson Solicitors Property Auction Team on 0151 236 5000 for our Liverpool branch or 020 8209 0166 for our London branch, or complete our online contact form for more information.
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