Property-Bids is an on-line property auction system that enables you to make live bids on property throughout the UK, Europe and the rest of the world.

The bidding process is split into 2 phases.

1. Pre Live Auction Day bidding

During the pre live bidding auction bidding period, you are able to place proxy bids on a property, via your user login. You are requested to make a bid at a set increment above the current highest offer.

This process continues until the live auction day

2. Live Auction Day Bidding

At a predefined time - the property enter a "Live Auction". At this point in time, a "Live Auction" count down of 30 seconds begins.

If no further bids are received , the property is sold to the current highest bidder.

If a new high bid is made, the 30 second countdown is reset, to enable any further bids to be made.

The above process continues until no further bids are made during a 30 second period, and the highest bidder buys the property.

Winning bidders are notified by email and will be contacted after the auction to arrange deposit payment and documentation.

Good luck bidding !!!