Award Winning Estate Agent set to Dominate with the Modern Method of Auction

Award winning estate agents Thomas Morris are recognised as one of the UK's leading providers of property related services and the Company is proud to have won the accolade of “Best Independent Estate Agent in the UK” from Home sale Network as well as no less than two Gold Sunday Times Awards. With the recent expansion of their services, Thomas Morris is now able build on a well earned  reputation for innovative marketing and  provide a new service to sell property in a quick and secure way via the Modern Method of Auction.

Powered by iam-sold, The Modern Method of Auction is a revolutionary new property online auction system which allows its vendors to sell their properties quickly, for the maximum market price and without having to pay any agency fees. Vendors are able to set a minimum reserve price which allows them to be in complete control of the process and they can log onto the site and see how many watchers and bids their property is receiving, making the sales process completely transparent. This ebay-style property auction service is available online 24 hours a day, 7 days a week.

Thomas Morris Partner, Russell Sansby stated that “we are absolutely delighted to be able to offer this new auction service to our clients. This offers a quick and cost free option for vendors to sell their property in a fixed timescale, offering an effective alternative solution and we firmly believe that our clients will benefit from using the Modern Method of Auction.”

The Modern Method of Auction provides greater flexibility than Traditional Auction by allowing the buyer 28 days to exchange contracts and a further 28 days to complete the transaction while still maintaining the security of Traditional Auction through the payment of a five percent non-refundable reservation fee or deposit by the buyer. As a result of this, the Modern Method of Auction opens the auction market, once reserved for the professional investor or cash rich buyer up to normal residential buyers, creating a larger market place, more interest and higher prices than Traditional Auction.

For more information on this new auction service, interested buyers and sellers should contact the relevant Thomas Morris office or visit www.thomasmorris.co.uk which contains the full range of information.