Secure Sale Agreement!

What this means and why it's a positive step...

You’ve chosen the modern method of auction - a smart, secure way to sell your home with set timelines, motivated buyers, and far less risk of fall-through.

And now, the first milestone is officially reached: the Auction / Secure Sale Agreement has been signed.

So, what exactly does that mean? What happens in the background? And what do you need to do next?

What’s just happened?

The Auction / Secure Sale Agreement is a legally binding document that outlines the terms of the sale for both buyer and seller. By signing it:

• You’ve committed to selling your property under auction conditions

• The buyer has agreed to pay a non-refundable reservation fee

• Both parties are working to a fixed timeframe

This agreement reduces fall-through risk significantly - because the buyer now has real skin in the game.

It also gives you peace of mind: the property is off the market, and your agent and legal team can now move forward with confidence.

What’s happening in the background?

Now that the agreement is signed:

• Your solicitor will begin preparing the legal pack (more on that soon)

• Your agent will begin preparing your property for marketing (if not done already!)

Everything is now in motion, and your secure sale is officially underway.

What should you do next?

✅ Make sure your solicitor has everything they need

If you haven’t already, complete your property information forms (TA6 and TA10), gather warranties or planning documents, and respond promptly to any solicitor requests.

✅ Keep an eye on your Open Moove dashboard

This is where you’ll be able to see what happens next - and get notified when the next milestone is reached.

✅ Stay available

Auction timelines are faster than traditional sales. Being responsive helps keep things moving, and ensures there are no avoidable delays.