Valuations & auctions
Auction settlement
Turn the winning bid into a deal.
Ready to use today
How to use auction settlement
Turn the winning bid into a deal. Use it within Auctions alongside the linked property, contact and transaction records, rather than maintaining a separate disconnected list.
The connected workflow
- 1.Schedule an auction and add lots with their reserve and buyer premium.
- 2.Staff record bids and identify the winning bidder; this is not a public live-bidding service.
- 3.Review the winning bid and settlement steps before converting the transaction into a deal.
Visibility follows your company, branch and section access. Important financial and approval actions remain subject to the app’s controls.
Why it matters
Valuations live in Word files and comparables are hard to find again.
What changes
Valuation methods, comparables, history and auctions in one place.
Found in
More in valuations & auctions
- Valuation reportsCreate valuations with method, notes and result.
- Comparable salesSave comparables and reuse them across valuations.
- Multiple valuation methodsComparison, income and cost methods side by side.
- Valuation historyEvery past value for a property, with dates.
- Online valuation requestsOwners request a valuation from your website.
- Auction catalogueLots, reserves and auction dates.
- Bid recordingRecord bids and the winning bidder.
- Valuation documentsAttach title deeds and photos to the valuation.
- Live online biddingSoonBidders bid live from their phones.
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