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.
“There are so many benefits that come from working with iamproperty. I’ve personally worked with them for the past 11 years and can say that without them we’d be a little bit lost as a business.”
National Home Move is a network of Your Move and Reeds Rains Estate Agency franchise offices. We spoke to George Jowitt, Regional Director, to find out more about the big difference our Auction solution makes.
“Working with iamproperty makes a real difference to our business for a variety of reasons. Auction offers our clients a different method of disposal, it helps to convert more customers, it means customers get money into their banks quicker and it saves our clients and us valuable time.
“A standout success has been the significant improvement of branch engagement which ultimately has helped to list more properties, sell more properties via Auction and grow revenues by over 20%.
“There are so many benefits that come from working with iamproperty. I’ve personally worked with them for the past 11 years and can say that without them we’d be a little bit lost as a business.”
“I love working with iamproperty, as do my team, because they feel like an extension of our team. We have great relationships with our dedicated Auction Specialists and Business Development Managers which ultimately means we have further support throughout the entire Auction process.”
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.
Find out how Premium Conveyancing has supported EweMove Newmarket and Soham, by speeding up transactions, helping them win more instructions and get paid faster
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