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At David Key we offer our sellers the opportunity to list their property with us via the modern method of auction.

The Modern Method of Auction

Unlike the traditional property auction, The Modern Method of Auction extends the auction market, traditionally reserved for experienced property investors or cash buyers, to all residential buyers. Many leading property experts predict a 10-fold growth in the auction sector over the coming years due to its transparency and widespread appeal through the modern method of auction which is now the becoming the preferred method for many leading UK Auctioneers.

Why choose the modern method of auction?

Operating as a traditional estate agent, our buyers can view auction properties before committing and our online platform allows buyers and sellers to agree a sale price. Following this, we remove the property from the platform and a reservation fee is requested which ensures commitment and holds the property off the market for at least 28 days – this timescale affords the buyer adequate time to obtain their mortgage and exchange contracts.

We are responsible for ensuring buyers have completed their due diligence before we accept any reservation fees. Following exchange, the reservation fee is deducted from the agreed sale price so unlike other online providers we do not charge buyers any fees. We are involved every step of the way offering advice to both sellers and buyers to ensure the whole customer journey is managed in the right way.


At David Key we offer our sellers the opportunity to list their property with a market leading online auction which is only available through selected estate agents throughout the UK using the modern method of auction. We aim to achieve a quick sale to a committed buyer without the hassle or fees of a traditional auction house.


Now, with the modern method of auction, buying an auction property couldn’t be simpler. Private buyers are now able to take the necessary time to secure a mortgage and exchange contracts. Buyers are able to make bids either online, or through the LetsBid mobile app. As a buyer you will receive the same professional support we have always offered to buyers on traditional sales.



The David Key Promise

At David Key everything we do is based on our ‘Promise’. This promise is based on 5 ground rules and these rules speak for themselves and need little embellishment. However, it is worth stressing that the rules are applied not just to some parts of our company but all of it to ensure that we provide the best possible customer experience. If we don’t get the clients property seen, someone else will. Nothing is more important than the clients’ needs. Always deliver what we promise. If in doubt, under promise and over deliver. Always treat each property as our own and make sure it gets seen by the world. Help every client find a new home, quickly, efficiently and the way they want it.
Selling your property can be possibly the most daunting task of your life, that’s why we here are David Key try to make it as simple as possible by getting it the attention it needs.
If you're looking for a straight-talking, honest and professional estate agent to let your property, you've come to the right place. Our team of friendly, accredited property professionals are local experts and on hand to help you every step of the way.
We set-up our first David Key office in North London’s rapidly-changing area of New Southgate. With our close-knit team, we worked hard to build a company that both we and our clients could be proud of.