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  • Auction Tribe

    EIG worked for us !

    We for the couple of months have been looking for auction lots and decided to give EIG a go. The subscription seemed quite high to us so we were given a trial for a couple of days which was enough time to work out how best to use the service. I had heard them mentioned before on PT but thought it was just a bit much to subscribe.

    After the 2 days was up i decided to subscribe for few months as this would coincide with the round of auction dates that were coming up. The cost was approximately £200 .

    The great thing about the service is that it showed us all the history for the street and  lots being entered . We kept seeing the same houses coming up for auction that had been sold from other auction houses . One house in particular looked like a great deal and had been sold 8 times through auction in 2 years !!!. It also shows information about other lots on same street. This is good for  knowing if those streets can be problematic and whether to be avoided.

    The service is great for due diligence  we would usually start by clicking on a lot we were interested in and then checking out street history this would tell us what had been listed previously and sold prices through auction. If it got past this stage we could then get all land registry sales for street with 1 click. All local estate agents numbers are listed and google map link is right there.

    Just recently we manged to get a good deal that would not have been visible to us without this service .  We will definitely renew or subscription when our funds have been replenished. Anyone looking at purchasing through auction should  consider using them as it could save you buying a lemon !  Best £200 we have spent this year !

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    So zoopla has an option to see how many times a property or street has appeared in an auction ? Please share

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    Nope not slways. Sometimes it has previous ads on there which show it as auction. Look under history. Tells you how many times its been sold though and becomes pretty obvious. It doesn't matter to me whether it's auction or not just fact it keeps changing hands is the big flag to check it out more of more importantly just avoid.

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    Zoopla falls far short of the data compiled by EIG you should take up a free trial when your next seriously looking at auction property

    I had a similar view to you until i tried it . If you do try it be sure and let us know your view.

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    Due to the huge number of properties available, I have a very low threshold to walk away. If any property has been sold in last 2 years I usualy steer clear anyway.  Any street that zoopla shows a lot of activity in I steer clear. So Zoopla does everything I need.

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