Exploring Buyer Reservation Deposits
In a standard auction sale, buyers must pay a Reservation Fee upfront. In some circumstances, it creates a financial hurdle that may prevent the purchase from proceeding.
“Working with iamproperty has allowed us to expand our offering for a number of years and recently in the last two years it’s extended a great deal more.”
Move South is part of Your Move’s national network of Estate Agency branches across the UK. While at the latest LSL Conference, we spoke with Oliver Blake, Director and Principal Owner of Move South Limited, to find out more about how our Auction solution has accelerated the success of his branches.
“Working with iamproperty has offered us a great amount of depth within our business and has been very helpful for both our managers and management team in particular. “Communication is incredibly good, and for anyone who joins our business, the help to train them to be able to offer clients the choice of Auction has been really helpful.”
“Working with iamproperty to offer Auction has allowed us to expand our offering for a number of years. “Recently in the last two years, it’s extended a great deal more, with more opportunities for both landlords and for new vendors coming on to use our platform, to go through the Auction process and offer them an extended service.”
In a standard auction sale, buyers must pay a Reservation Fee upfront. In some circumstances, it creates a financial hurdle that may prevent the purchase from proceeding.
Conditional Auction, also known as The Modern Method of Auction (MMoA) offers a flexible, transparent, and secure alternative to Private Treaty, MMoA is growing in popularity.
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