Selling and Buying at Auction

Property Auction

FREE to sell your property at Auction...

DDM Property Auction, also know as the Northern Lincolnshire Property Event, is the largest auction event in the region selling over 170 properties a year.

We hold 5 auction events every year and offer properties with a starting bid of £1 and no reserve through to properties achieving £300,000. Up to 400 people regularly attend our Auction Events.

Why sell through our property auction?

There are circumstances in life where the quick sale of a property is required. In many cases property sold at auction is completed within 28 days. FREE TO SELL means you pay no fees whatsoever to sell your property. We charge a reservation fee to the buyer, which covers our costs. Properties are advertised with a ‘Starting Bid’ and the auction team will agree a confidential ‘Reserve Price’ with you.

What exactly Is the modern method of auction?

This is known as a conditional auction, and means that upon the acceptance of an offer or at the close of the auction, the buyer must place a non refundable reservation fee to reserve the property. The buyer is then given 28 days to exchange contracts and a further 28 days to complete the purchase.  

Are you already on the market?

Transfer to DDM Residential and get the best of both worlds. We place it on the market as normal as well as enter it into the auction! We can transfer your property from another agent for you.

Buying through auction

Between Auction Events we list all properties on our online auction site. You can buy properties before the auction night. Upon the acceptance of an offer or at the close of the auction, you will sign an agreement and place a non refundable reservation fee to reserve the property. You will then be given 28 days to exchange contracts and a further 28 days to complete the purchase.

Click on our Guide to Selling & Buying at Auction.

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