AUCTIONS
Auction on our Online Property Marketplace
We're changing the way property is bought and sold, making the process more transparent, efficient and easy for our users. Let us show you how the digital platform works.
Last year, almost 8,000 bidders registered for our sales, from more than 50 countries. Buying a property with us and our partner is easy. The process is straight-forward and user-friendly, and our teams are on hand to help with everything from property viewings to the registration process.
Benefits of selling at auction with Grove Properties
- Joint Mandate ensures maximum marketing exposure and additional effort from 2 dedicated companies working together to streamline the process.
- Grove Properties acts as the traditional agent with expert local knowledge to do showings with clients and answer property related questions.
- While Bidx1 brings to power of their auction platform and years of experience to get buyers registered for the auction to achieved the best price for the seller.
- No upfront fee / cost to market your property. (subject to T'c and C's)
- Transparent and easy to understand process.
- Quick sales cycle with a fixed timeline set for the auction (4 to 6 weeks).
- A Sale Agreement protecting the Seller's terms and selling price
- Legal agreements and terms disclosed upfront, ensuring prospective Buyers conduct their due diligence prior to auction.
- Competitive environment as all interested parties participate collectively, ensuring that the best possible price is achieved on the day.
- The Seller's reserve price is treated as confidential; this protects the minimum selling price with no price ceiling on what can be achieved on the day
- Attractive Seller commission rate of 6% on conclusion of sale
- Buyer's commission secured upfront from the highest bidder.
- Conclusive cash offers, not subject to any suspensive conditions set by the Buyer
- Customized marketing campaigns, ensuring a personalized experience, national exposure and improved enquiries.
- Access to the Grove Properties and our partners International network database of Buyers.
- Peace of mind, as we facilitate the entire process from the marketing, viewings, negotiations, conclusion of sale agreements and monitoring through to transfer.