Judicial Auctions, Real Estate Auctioneers, Auction Houses

Network Auctions

Network Auctions is a leading company in the real estate auction industry, specializing in judicial auctions and auction houses. Based in Watford, England, they offer a wide range of services related to real estate and housing, as well as expertise in economics and law. With a commitment to providing exceptional customer service and achieving the best results for their clients, Network Auctions is a trusted name in the industry.

Introduction to Network Auctions

Network Auctions is a company that specializes in real estate auctions. Founded in 2011, the company has a unique background in the auction industry, with a focus on judicial auctions. What makes Network Auctions stand out is their commitment to providing a fair and transparent auction process for both buyers and sellers.

Services & products

Network Auctions offers a range of services, including traditional and online auctions, as well as private treaty sales. Customers can buy and sell both residential and commercial properties through the company.

Location

Located in the heart of Watford, Network Auctions is situated in an area that is known for its bustling business district. The area is home to a variety of businesses, from small startups to large corporations. With easy access to public transportation, including the Watford Junction railway station, customers can easily reach the office. The three closest public transportation options are the Watford Junction railway station (0.2 miles), Watford High Street railway station (0.6 miles), and Watford Underground station (0.7 miles).

Benefits

Customers should choose Network Auctions because of their expertise in the real estate auction industry. With a focus on judicial auctions, the company has a unique understanding of the legal and financial aspects of buying and selling properties at auction. Additionally, Network Auctions prides itself on their commitment to transparency and fairness throughout the auction process.

Good to know

Customers should be aware that Network Auctions operates primarily in the United Kingdom, with a focus on the Watford area. Additionally, the company requires potential buyers to register before participating in any auctions.

Reviews

Customers have praised Network Auctions for their professionalism and expertise in the real estate auction industry. Many have noted the company's commitment to transparency and fairness, making the auction process a positive experience for all involved.

Amenities

auction room
online bidding
live bidding
remote bidding
bidder registration
payment processing
property listing
auction catalog
preview day
reserve price
starting bid
bid increment
closing time
absentee bidding
phone bidding
onsite bidding
payment options
shipping options
catalogs
previews
consignment
valuation services
expertise
insurance
security
live auction
legal documentation
refunds
customer service
guarantee

FAQ

What types of properties do you specialize in auctioning?

We specialize in auctioning all types of properties, including residential, commercial, land, and investments.

How are starting bids and reserve prices determined?

Starting bids and reserve prices are determined through a thorough evaluation of the property, taking into account market conditions, location, and other factors. Our team of experts works closely with the seller to set a fair and competitive price.

How do you handle the bidding process during an auction?

We use a transparent and competitive bidding process, with bids accepted in person, by phone, or online. Bidders are required to register before the auction and provide proof of identity and funds. The auctioneer will then guide the bidding process and ensure a fair and efficient auction.

What happens if a bidder fails to pay for an item they have won in an auction?

If a bidder fails to pay for an item they have won in an auction, we will take legal action to recover the funds owed. We also have measures in place to prevent such situations from occurring, such as requiring bidders to provide proof of funds before bidding.

What fees are associated with using your auction services?

Our fees vary depending on the type and value of the property being auctioned, as well as the level of service required. We are transparent about our fees and will provide a detailed breakdown before the auction. Our fees are typically paid by the seller, although in some cases the buyer may also be responsible for certain fees.

Reviews

John Chablo

Very professional company, a pleasure to work with.

27-04-2023
Nigel Fellows

The team at Network Auctions couldn't have been more helpful for my first transaction. They were communicative and responsive, even giving out mobiles and direct numbers to get nervous questions answered immediately. I have no hesitation in recommending them to you!

27-02-2023
CH143crazyhack3rX x

Like a lot of companies very good until you get a problem then they don’t won’t to know. Disappointed to say the least. Still plenty of other auctioneers.

27-02-2023
David Wilson

Outstanding customer experience with help to view, get the property surveyed, as well as updates via emails, calls pre-during and post sales. First class service from start to finish!

27-12-2022
Mary Kay

You will be short changed from this auction house.

27-11-2022
bijou bloomsbury

Guy, Toby and Denise were fantastic at getting this property sold for me at Auction. Right up until the final hours there were issues beyond our control, from the troublesome neighbours. The team did brilliantly at working through everything methodically and realistically in order to pull this property through to the sold status. Network Auctions were on my side the whole time ensuring I was covered for all eventualities. I highly recommend them as an Auction house, they were superstars through and through.

27-10-2022
Patience Sarkodee-Adoo

Excellent throughout the whole process. Having previously attempted to sell via the open market I would recommend this company to anyone as they will be kept updated and it is a company that sticks to their word

27-05-2022
Penny Penton

We were greatly surprised to find how easy and trouble free auctioning proved to sell a property with all the support and help we needed and Richard available to answer all our questions. Couldn’t recommend it more highly.

27-05-2022
Rolfe East

It was an absolute pleasure working with Network Auctions, in particular, Richard. Always ready at the end of the phone, as well as being polite & professional. Would work with again, thank you very much!

27-05-2022
sally marguerite

I bought my UK dream cottage online yesterday ! With Network Auctions this was straightforward , professional and an amazing service which enabled me to purchase a house whilst being out of the country for a few months. Thank you to the whole team especially Richard who was always ready and willing to answer the phone when I needed help with the technology. I am a 74 yr old single woman. If I can do this any one can. A brilliant and trustworthy way to buy and sell property.

27-05-2022