About
The Modern Method of Auction (MMoA) is a contemporary, user-friendly way of buying and selling property that blends the advantages of traditional auctions with the accessibility of private treaty sales. Unlike a traditional auction—where contracts are exchanged immediately—the MMoA allows the successful bidder to secure the property with a reservation fee and then benefit from a 56-day completion period, giving buyers ample time to arrange mortgages and legal work. This creates a more secure, transparent process that significantly reduces fall-throughs and ensures both parties are fully committed.
We work in partnership with iamsold; the UK’s No.1 Residential Property Auction Provider, to offer you a wider choice of buying and selling options to suit your circumstances. For those customers looking for speed and security, auction can offer an attractive alternative to Private Treaty, with many other additional benefits.
At Fox Red Property, we use the Modern Method of Auction because it consistently delivers speed, clarity, and strong outcomes for our clients. The flexible yet structured approach opens the market to more buyers, encourages competitive bidding, and often results in higher final sale prices. It aligns perfectly with our commitment to fairness, transparency, and creating a smoother experience for everyone involved. As its benefits become more widely recognised, the Modern Method of Auction is growing rapidly in popularity, becoming one of the most trusted and forward-thinking ways to sell property.
*Please note: The Modern Method of Auction may not apply to buyers or sellers who are part of a property chain.
Selling your Property at Auction
Selling your property at auction is one of the fastest, most secure ways to achieve a successful sale — and we make the entire journey effortlessly smooth. Working in partnership with iamsold, the UK’s leading auction service, we combine expert guidance with powerful marketing to ensure your property gets the attention it deserves.
From day one, we collaborate on a winning pricing strategy, prepare all essential legal documents, and launch high-impact pre-auction marketing designed to maximise exposure and attract serious, motivated buyers.
Once your Auction Pack is complete, your property is ready to shine. Whether bidding takes place in-room or online, buyers arrive fully informed and ready to compete — driving interest, boosting results, and giving you complete transparency throughout. When the hammer falls, the winning bidder pays a fee to secure the property, giving you a committed buyer and a clear, reliable timeline to completion.
With our expert support — and the trusted auction platform of iamsold — selling your home becomes a smarter, faster, and more secure route to success.
And with our streamlined process, you can tie in a committed buyer by Christmas.
Take off with our new Modern Auction Service
Not sure where to start? Contact our office today to speak with our Auction Specialist
