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Flat Sale By Auction

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Ric.ror | 14:39 Sun 05th Aug 2018 | Property
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I’ve seen a flat for sale by ‘modern method of auction’ not the traditional auction method and is not something I’m familiar with
There is a starting bid price which I think is too much. Could I still offer below that price?

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No ad you'll have t pay the auctioneers a % commission as well to the auction house. We buy at auction and we're not fans of this method. Is this a North East auction house by any chance? :/
Question Author
Yes it is
Is that a particularly north eastern way of doing it?
Question Author
Sorry I misread your answer
It’s through a local estate agent

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Flat Sale By Auction

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