WHY SELL BY AUCTION
Certainty, from the first bid to completion.
Auction removes the drift of a traditional sale – no chains collapsing, no last-minute price chipping. Exchange happens the moment the hammer falls.
HOW IT WORKS
How your sale reaches the room.
Every property we take to auction moves through the same five steps – from first valuation to the keys changing hands.
| Step | Timing | What happens |
|---|---|---|
| 1 | Week 1 | Free valuation & appraisal - an auction specialist visits your property, discusses your goals and recommends a realistic guide price based on recent room results. |
| 2 | Week 1–2 | Guide price set & marketing goes live - your property is listed with photography, floorplans and full details across our auction catalogue, Rightmove and OnTheMarket. |
| 3 | Week 2–3 | Legal pack prepared - our solicitors compile title, searches and special conditions so bidders can proceed with confidence, and so can you. |
| 4 | Auction day | Bidding & the fall of the hammer - bid live online with remote registration. The winning bid exchanges contracts immediately, reservation fee secured. |
| 5 | +20–28 days | Completion - standard completion falls 20–28 days after exchange. Funds clear, keys handed over, sale done. |
CHOOSE YOUR METHOD
Traditional or Modern – we run both.
Rutter Green Auctions offer two routes to sale. We’ll recommend the right one for your property and timeline at valuation.
Traditional Method
Sold on the day
The classic auction route. The winning bidder exchanges contracts the moment the hammer falls, with a 10% deposit paid immediately and no way to withdraw. There is no financing contingency built in, which is why this method suits buyers who are ready to move fast.
- Buyer commitment: exchange at the hammer
- Completion: 20–28 days after exchange
- Deposit: 10% on exchange
- Withdrawal risk: none – legally binding
- Best suited to: investors, cash buyers, HMOs, land
Choose this if you want a guaranteed, unconditional sale with a fixed completion date and no risk of the buyer pulling out.
Modern Method (Conditional)
a longer buyer window
The buyer pays a non-refundable reservation fee to secure the property at auction, then has 56 days to arrange a mortgage and complete. This opens the property up to mortgage-dependent buyers as well as cash buyers – often achieving a stronger price than a traditional sale.
- Buyer commitment: reservation fee at auction
- Completion: 56 days from reservation
- Deposit: reservation fee + completion balance
- Withdrawal risk: buyer can withdraw, forfeits fee
- Best suited to: standard residential sales
Choose this if you want the widest possible buyer pool – including mortgage buyers – while keeping the speed and transparency of auction.
WHAT OUR CLIENTS SAY
Trusted across Wigan & Greater Manchester
Recent Auction Lots
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Elm Street, Seaton Burn, Newcastle-Upon-Tyne NE13 6HQ
£95,000 Guide PriceRutter Green is delighted to present to the market this substantial 3-bedroom property, ideally situated within the quiet residential village of Seaton Burn, Newcastle upon Tyne. Offered for sale via online auction, this home represents an exceptionally versatile investment proposition—perfect f... -
Ayresome Park Road, Middlesbrough TS5 6BF
£80,000 Guide PriceRutter Green Estate Agency is delighted to bring to market this ideal residential investment property, perfectly situated in a high-demand Middlesbrough rental hotspot. Offered for sale via online auction with a competitive guide price of £80,000, this traditional bay-fronted terraced home represen... -
Sylvia Terrace, Shield Row, Stanley DH9 0EG
£80,000 Guide PriceRutter Green Estate Agency is delighted to offer to the market this outstanding three-bedroom terraced property situated on Sylvia Terrace, County Durham. Positioned at a highly competitive guide price of £80,000 and offered for sale via auction with tenants in situ, this property represents an i... -
Ambassador House, 219 Queensway, Bletchley, Milton Keynes MK2 2FE
£125,000 Guide PriceRutter Green is delighted to present to the market this fantastic investment opportunity situated in Ambassador House, 219 Queensway. Offered for sale with an established tenant in situ, this property represents an ideal "turn-key" addition to any property portfolio. Generating a strong rental retu...
FREQUENTLY ASKED QUESTIONS
Auction, answered
What is a guide price?
An indication of the seller’s likely reserve, set by us at valuation. The reserve is usually within 10% of the guide and is never disclosed to bidders.
Is there a buyer’s premium or reservation fee?
Under the Modern Method, winning bidders pay a reservation fee on top of the purchase price, which we’ll explain fully before your property goes live – it doesn’t affect the amount you receive.
How is bidding conducted?
Our auctions run online with remote bidding. Buyers pre-register and are ID-verified before they can place a bid, keeping the process secure for everyone.
What if my property doesn’t sell?
If the reserve isn’t met, we’ll follow up directly with interested bidders and can move your property to a subsequent auction or a private treaty sale with no extra marketing cost.
Does auction suit probate or difficult sales?
Yes – auction is often the fastest, most transparent route for probate, tenanted or unmortgageable properties, since the sale price is set by open competition rather than negotiation.
