iamsold is the pioneer of the modern method of auction and no other auction provider in the UK and Ireland offers estate agents such a complete and comprehensive range of property auction services.
Over 2,000 estate agent branches currently combine their local knowledge and property expertise with our award-winning auction service, allowing them to offer their sellers and buyers with both traditional and modern methods of auction.
A familiar auction method that usually takes place at a live auction event. It offers the buyer and seller speed and complete security as the buyer makes payment of a 10% deposit and exchange of contracts takes place straight away. Completion takes place 28 days later.
These more restrictive timeframes can limit interest to cash buyers and investors so its usually best suited to those that need a quick sale, are not in a chain, or have a property that wouldn’t be considered as suitable for mortgage lending.
The modern method of auction combines elements of private treaty and traditional auction, making it a more accessible auction method. These auctions usually take place online, creating a larger marketplace which helps gather more interest and activity.
This method offers the security of traditional auction as the buyer pays a non-refundable reservation fee and signs a reservation form, committing them to the purchase. Like traditional auction this method has fixed timescales, however these are 56 days to complete making this auction method accessible to mortgage and residential buyers as well as investors and cash buyers.
This method is often best suited to sellers that are looking for the speed and security of an auction with a larger buyer market.
*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by IAM Sold.
Andrew Coulson Property Sales and Lettings incorporating Northumbria and Cumbria have been successfully helping clients to buy and sell since 1989, in the Tyne Valley.
In celebration of our Silver Anniversary we have rebranded. This marks the new phase in our companys developments and will provide a fresher more modern platform for service delivery in the future. It reflects our dedication to our customers, our local market and our bespoke service.
At Andrew Coulson you will find the claim of “professionalism” and “integrity” are central to everything we do. We are a friendly family run business and focus in exceptional service and commitment. We adhere to the strict codes of conduct and are members of Relocation Agent Network, The Guild of Property Professionals, The Property Ombudsman and the National Association of Estate Agents.
Owned by Andrew Coulson he is directly involved with the day to day running of the business and carries out personally all valuations and the majority of accompanied viewings, supported by members of staff, Ailsa Mather Director and Office Manager and Claire Forster Senior Property Consultant.