(MMoA)Modern Method of Auction
Bright Move specialises in the Modern Method of Auction, which gives the winning bidder a defined Exclusivity Period to exchange contracts. This structure provides more time for mortgage arrangements, surveys, and due diligence.
Key features:
• Reservation Agreement signed immediately
• Reservation Fee or Reservation Deposit payable
• 56-day Exclusivity Period (unless stated otherwise)
• Mortgage buyers welcome