Rightmove expands Online Conditional Auction feature with four new providers

Rightmove logo

Rightmove today announces that four new Online Conditional Auction providers have signed up to use its industry-first digital feature for agents.

SDL Property Auctions, Pattinson Auctions, GOTO Group and Bamboo Auctions join existing provider iamsold in enhancing agents’ listings on Rightmove with the innovative feature.

The digital feature enhances listings with more information about this method of selling, to help home-movers better understand it when looking for their next home.

Agents who are already customers of these Online Conditional Auction providers will automatically have the information added to their relevant listings.

An Online Conditional Auction, also known as the Modern Method of Auction, is a process of buying and selling property that allows a longer timescale for exchange and completion than at a Traditional Auction, opening it up to more home-movers. Most of the legal and conveyancing documentation is prepared prior to the auction going live, and buyers can expect to pay a non-refundable Reservation Fee of about 5% of the purchase price.

Agents can choose to partner with an Online Conditional provider and offer this additional route of selling to prospective vendors if its suits their circumstances. If an agent signs up to one of these five providers they will have their listings enhanced on Rightmove.

Originally going live in April with iamsold, listings contain near real-time information about a property’s latest bids, alongside more information on how Online Conditional Auctions work, and a prompt for people to contact the agent marketing the property to register their interest.

SDL listings are now live with the innovative digital feature, with Pattinson and GOTO listings to follow in October. Bamboo customers will have their listings automatically updated with more information about Online Conditional Auctions in the coming months.

The onboarding of four new providers is set to significantly extend the visibility of this digital feature and will be supported by further educational content on the Rightmove platform for both buyers and sellers.

Rightmove’s Agency Director, Dave Anderson, said: “We’re really pleased to add four new Online Conditional Auction providers to Rightmove, to increase the number of agents who will have their listings enhanced and to offer more choice to agents interested in partnering with a provider. We hope this could open up more routes to property transactions for agents who may not currently be using an auction provider or who do not have their own auction service.

About Online Conditional Auction

  • An Online Conditional Auction provider allows their agent customers to sell properties through the Online Conditional Auction method, giving vendors an additional route to sell
  • Online Conditional Auction, also known as Modern Method of Auction, is a method of selling whereby the highest bid above the reserve price wins the property
  • In an Online Conditional Auction, a longer timescale is allowed for the exchange and completion of contracts than is allocated to purchases made at a Traditional Auction (completions must take place within 56 days usually)
  • Reservation fees are put in place and paid for by the buyer to provide more security and commitment to the sale
  • The Online Conditional Auction feature on Rightmove highlights listings that are being sold using this method, supporting agents in educating and differentiating this way of selling for buyers
  • Read more about this method of selling here: https://www.rightmove.co.uk/advice/buyer/buying-a-property/online-conditional-auction/

Rightmove

UK Property news updates shared directly from Rightmove PLC - the country's leading property portal.

You May Also Enjoy

Breaking News

Rent Increases Under Review: What Landlords Need to Know

By Allison Thompson, National Lettings Managing Director, Leaders The Renters’ Rights Bill is currently moving through the House of Lords and is expected to bring wide-ranging changes to the way privately rented homes are managed. Among the most significant are new limits on how and when landlords can increase rent. These reforms aim to improve…
Read More
Breaking News

Breaking Property News 9/09/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   Why those who adopt AI responsibly stand to unlock efficiency, trust, and long-term relevance Artificial intelligence is no longer a distant promise—it is a practical tool transforming how the UK property market operates. From agencies and developers to investors and property managers, it has…
Read More
Breaking News

Industry reacts as Renters’ Rights Bill set to become law

The Renters’ Rights Bill has cleared its final stage in the Commons with Housing Minister Matthew Pennycook confirming that the Government has rejected almost all amendments proposed by the House of Lords. The legislation is now set to proceed through its final ‘ping-pong’ stage before receiving Royal Assent, with all of its major measures intact…
Read More
Home and Living

We asked housemates what really matters when living together

Finding a new houseshare can feel like a gamble. Will it be the warm, welcoming home of your dreams, or the kind of place you actively avoid until bedtime? With so many variables at play, what should you actually be looking for when viewing a co-living house, and what questions are worth asking the current…
Read More
Estate Agent Talk

The Rise of DIY Law: 8 Disputes Brits Are Handling Without Solicitors

A new study by South East law firm, Stephen Rimmer, has raised concern over the number of people attempting to handle legal disputes without professional help, often unaware of the costly risks involved. By analysing UK Google search activity from the past 12 months, the research uncovered the eight areas of dispute law most commonly…
Read More
estate agency contracts
Estate Agent Talk

Homebuyers demand transparency when referred to estate agents

The latest research from GetAgent Exchange has revealed that while referrals to estate agents are now commonplace in the home moving process, buyers and sellers want these referrals to come with transparent data and comparison options, not simply a single recommendation. The survey of more than 1,000 recent homebuyers found that 90% had been referred…
Read More