Buying and selling a property through auction has never been easier thanks to the Modern Method of Auction (MMA). At M&M we are pleased to be able to offer this approach to our buyers and sellers as an alternative to the ‘traditional’ method of sales.

It’s exciting to be able to offer the MMA route as it not only offers the security of sale for both parties involved it also imposes a timescale for an unconditional exchange and completion within 56 days!

Whilst traditionally the Auction market was limited to cash ready investors, MMA has evolved to be inclusive to a wider variety of buyers and sellers. Similar to ‘ebay’ a purchaser will need to create an auction account and then will be able to ‘bid’ on properties in the comfort of their own home.  Once a buyer is confirmed they will pay a reservation fee and sign an agreement, from this point there will be 56 days for completion allowing buyers ample time to arrange a mortgage if required.

We love the security and transparency of this approach too. Being completely in the public domain there is no fear of gazumping and the renegotiation of an agreed purchase price is completely removed.

You can read our step by step guides to buying and selling through MMA by clicking on the links below. Alternatively, our team would love to talk you through the process to determine if this is the right route for you …you have nothing to loose!

Selling your property through Auction

Buying your Property through Auction