Blog Post

How EIG gives you the best chance of securing the right property at auction

Publish Date: 04 January 2018

By Beth Fox

Share:

How EIG gives you the best chance of securing the right property at auction

Further reading

5 Success Strategies for making money when buying property at auction

David Sandeman on Q&A Panel at SDL 2018 Conference

How EIG can help...

The 4 key features of the EIG site that give you the best chance of securing a property at auction:

1. Coverage

We cover virtually every property auction in the UK and are constantly on the lookout for auctioneers we are not aware of, giving you the best possible coverage of the auction market near you.

2. Instant Updates

We strive to get the lots on our system and out to you as soon as they are released for sale, maximising the time you have to view the lot and do your due diligence.

3. Comprehensive Search Functionality

Our database search parameters are very detailed allowing you to be quite specific in what you are looking for.

These include:

- Detailed location input either by town, postcode etc, or drawing your own area on a map. 

- Specify guide price range, specify tenure and tenancy options as well as property type. 

- The results you get can be ordered by price and auction date and viewed in list or grid format as well as being displayed on a map.

Should commercial lots be of interest you, one can additionally search by lease end date, vendor (if stated) and well as tenant (if stated).

4. Auction Elerts

Finally, and perhaps most importantly you can set up multiple 'Auction Elerts' where you set out the criteria of the lots you are looking for, and the moment a potential match is entered into our database you are notified by email. In addition, as soon as it has been offered we advise you whether it sold, and if so for how much, and if it didn't sell what the 'available at' price is.

This means that for very little effort nothing will come to auction without you knowing about it, and you will see the results of all lots, sold or unsold, that match your criteria.

No other service or website can come close to this.

The best way forward

Firstly, you need access to eigpropertyauctions.co.uk, as this is the only site with information on virtually every lot coming to auction and the price achieved for those already offered. In a nutshell, without the knowledge you will get from our website you will be in the dark. You will not have full visibility of what is coming up for sale and you will not know what similar properties have sold for!

To remind you of a famous quotation: "In the land of the blind, the one-eyed man is king"!

With access to our site you will have two eyes and not just one!

Best regards,

David Sandeman, EIG Managing Director

 

Experience it for yourself with a FREE no obligation EIG trial, call us now to get started: 01737 226150

Essential Information Group - News and Information

Keep up to date with our latest news, case studies and what's going on in the property auction industry on our blog.

EIG Property Auctions: Maximising Your Property Investment

Buying at auction

09/09/2024

EIG Property Auctions: Maximising Your Property Investment

For developers seeking their next renovation project, property auctions are the ideal place to find potential properties.

What is property auction finance?

Buying at auction

29/08/2024

What is property auction finance?

Property auction finance is a specialised type of short-term lending designed to help buyers quickly secure the funds needed to purchase properties at auction.

The Two Main Types of Property Auction

Buying at auction

19/08/2024

The Two Main Types of Property Auction

There are two main types of property auctions: traditional property auctions and the Modern Method of Auction

View News & Blog