ONLINE AUCTION

Our online auction technology is powered by Bamboo Auctions so you can sell your properties by auction, with maximum exposure and flexibility. There are two different auction methods. Properties can sell either through a traditional auction or a conditional auction and we will recommend which method is right for you.

Establishing Your Guide Price

Webbers will outline a likely guide price The guide price will be priced lower than an estate agent’s valuation This is further explained in the FAQs.

Pick A Date

We help you choose your auction duration and finishing date, giving you complete control and flexibility over your sale We will then conduct the marketing of your property with our unique online auction package

Exchange Immediately

Our traditional auctions operate with an immediate exchange This means that when the auction timer reaches zero, and your reserve price is met or exceeded, a legally binding exchange occurs - guaranteeing you a speedy, certain sale You then have 28 days to complete it as usual

Our conditional auctions work slightly differently Instead of an instant exchange of contracts occurring at the end of the auction, the buyer and seller enter into a formal reservation agreement that commits the buyer to buy and the seller to sell The buyer also pays a reservation fee at this point This method gives added flexibility and allows the winning buyer 20 days to exchange upon the property If need be, buyers will have the ability to put any finance in order and organise a mortgage for the purchase, when using this option

Speed

The average time to buy and sell a property is 20 weeks. Our online auctions speed up transaction times to just 5 weeks.

34% of property transactions fall through before reaching completion, 50% of which typically due to buyers changing their mind or renegotiating