RICS Consumer Guide: Property Auctions

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 member.

Using the services of RICS members offers real peace of mind because we will give you clear, impartial and expert advice, we have strict codes of conduct to protect you – including proper insurance, and because you are protected by our formal complaints service.

Our members have to update our skills and knowledge throughout our careers, so you can rely on our expertise.

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.