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The Online Property Auction Process
The OPA365.com auction process operates entirely online and is outlined in four simple steps below. Further details for buyers and sellers can be found in the Buying and Selling pages.
1. Property submitted to auction
- Seller submits property to the site
- OPA365 review property and contact seller
- Reserve price and auction date confirmed
- Property submitted to Pre-auction
2. The Pre-Auction window
- Pre-auction period lasts 7 days
- OPA365 market the site and properties
- Buyers carry out due diligence
- Buyers pre-qualify to bid on property
3. The Live Auction period
- Live auction period lasts 7 days
- Buyers nationwide compete to purchase
- Emails and texts keep buyers updated
- Property is sold to highest bidder
4. The Completion period
- Solicitors are instructed
- Contracts are exchanged
- Funds are released to the seller
- Properties complete
Latest Property Auction News
Property in Haslemere to buy: Badgers Holt
Badgers Holt in Haslemere, Surrey is a stylish contemporary five bedroom home offering plenty of space for modern family life within easy reach of London.
Free education, growth and low house prices mean life is a bed of roses at 70
The perfect age is 70, according to research showing the extent to which pensioners benefited from the post-war boom.
