A clear, impartial guide to...
Property auctions

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Introduction

Property auctions have become increasingly popular with both buyers and sellers - whether they're owners, occupiers, developers or investors.

If you're thinking of buying or selling a property at auction, it may be in your interests to make sure the auctioneer is an RICS (Royal Institution of Chartered Surveyors) member.

This guide aims to tell you more about the auction process from both a buyer and seller's point of view, and what you can expect.

What is RICS?

RICS is the largest organisation for professionals working in property, land and construction worldwide.

If you're selling a property at auction, you may want to use an auctioneer who is an RICS member. If you're looking to buy a property at auction, an RICS surveyor can ensure the investment you make is a sound one.

Using the services of RICS members offers real peace of mind because:

  • We give you clear, impartial and expert advice
  • We have strict codes of conduct to protect you - including proper insurance
  • As RICS members we have to update our skills and knowledge throughout our careers, so you can rely on our expertise
  • You are further protected by our formal complaints service.

How to contact an auctioneer

For details of qualified auctioneers and in your area please contact the RICS Contact Centre on 0870 333 1600 or e-mail them at contactrics@rics.org.uk