Next Auction date: 2nd October 2019

   

Selling a property by auction
  • Led by our Auctions Manager Simon Clayton, our experienced team can help you sell your property quickly and effectively.

    The benefits of selling property at auction:

    • Certainty: Contracts are exchanged on the day of the auction
    • Speed: Instruction to exchange can take as little as four weeks
    • Transparency: All interested buyers bid publicly for the property or land
    • Extensive Marketing: Your property is promoted to the UK and beyond through a comprehensive marketing campaign 

You can trust Romans Auctions

Helping customers sell property and land at auction since 2002.

154
properties sold at auction over the last 24 months
78%
sold success rate
96%
of lots sold for their guide price or higher
13706
registered buyers on our database
A guide to selling property at auction
property valuation

Step 1: Property valuation

During the inspection we will inform you of the value of your property or land and advise you on the best way to sell your property.

reserve price

Step 2: Reserve price

When the property is advertised for sale by auction we will agree a confidential reserve price, which is the minimum amount that the property can be sold for.

marketing your property

Step 3: Marketing your auction property

A comprehensive and extensive marketing campaign is utilised to encourage as much interest as possible prior to auction day.

instruct a solicitor

Step 4: Creating the legal pack

Your solicitor will need to prepare the legal pack which we need to provide to prospective buyers to view before they bid.

viewing times

Step 5: Viewing times

Set viewing times are publicised for prospective buyers to inspect the property and are carried out by our local property experts.

auction day

Step 6: Auction day

Our auctions take place at the Green Park Conference Centre in Reading, where all interested parties come to bid against each other, in a public environment.

fall of gavel

Step 7: At the fall of the gavel

Contracts are exchange with the highest bidder once the reserve price has been met. The buyer will then sign the sale memorandum and pay a 10% non-refundable deposit.

completion

Step 8: Completion

Completion normally takes place just 20 working days (4 weeks) after the auction as per the special conditions of sale, when the balance of the purchase price is paid.

Some of our results may surprise you...
Online Auctions – a fast, secure and transparent method for selling property

Selling a property through our online auction platform is transparent, simple and stress free.

Your property will benefit from fantastic marketing exposure as online auctions are available to everyone. With more viewings taking place and buyers competing against each other, selling through the portal can also help boost the price of your property.You are able to set the reserve price so there’s no risk of selling for anything less.

Selling by online auction means you can set a date to sell to suit you ....... and once the property has sold, sales will complete within 28 - 56 days.

online auctions

Your free property valuation awaits…

It only takes two minutes to book a valuation with one of our local property experts.
Our experience and market knowledge will provide you with an accurate price for your property.

Book now

Book your free property valuation at a time that suits you. To get started please enter your property’s postcode and select the address:

*Mandatory fields Can't find your address?

Need any help?

To book your free property valuation please call us on:

01344 753 120

We’re happy to take your call until 9pm on weekdays and 5pm at weekends*

* Calls are charged at your local rate

Attend one of our property auctions

Directions

Our sale room is located at the Conference Centre, 100 Longwater Avenue, Green Park - just off junction 11 of the M4 at Reading.

The Conference Centre is set within attractive landscaped grounds arranged around a picturesque lake and there is free car parking on site. Within the building there is a restaurant serving drinks, snacks and hot meals.

100 Longwater Avenue,
Green Park,
Reading,
RG2 6GP

GET DIRECTIONS
Meet your auction experts

Simon Clayton

Manager and Auctioneer

Simon has worked in the property industry for over 30 years and is a qualified member of the National Association of Valuers and Auctioneers.

Email

Gareth Bell

Auctioneer

Gareth has worked in the property industry for over 25 years. For over 15 years he has worked as an auctioneer overseeing residential and commercial disposals.

Email

Daniel Gale

Surveyor

Daniel has worked in the property industry since 2006. He has experience in residential and commercial property.

Email

Jo Searle

Auction Co-ordinator

Jo is responsible for the daily management of the office, advertising and catalogue production as well as running the busy contracts room at our auctions.

Email

No deposit renting and the benefits for landlords

No deposit? No problem! What are the benefits to landlords?

January 2019: The No Deposit Option (NDO) has evolved to the Residency tenancy membership - find out more. The launch of Romans’ No Deposit Option has introduced a number of great benefits to our tenants, primarily ...

Read more

Landlords, six top tips for keeping your tenants happy

Six top tips for keeping your tenants happy

Having good long term tenants in your property that pay their bills on time, keep up to date with any maintenance they are responsible for, and don’t cause any problems, are exactly what every landlord wants. So, keeping them ...

Read more

Should I sell my property before I find a new one?

Should I sell my property before I search for a new one?

Many estate agents will agree that one of the most common questions they are asked as part of their job is: “Do I really need to put my house on the market before I start looking for a new property to buy?” It’s a ...

Read more

This is one of the most frequently asked questions

Can you get a mortgage on auction properties?

This is one of the most frequently asked questions and is the element which often leads to the most confusion from buyers. Our Auctions Director Simon Clayton explains when you can and can’t use a mortgage to finance your ...

Read more