Probate.auction & Resi.auction
- Company typePrivate
- Founded2024
- HeadquartersCity Of London, United Kingdom
- Headcount1–10
- GTM typeB2C
- OfferingServices
Probate.auction & Resi.auction firmographics
Firmographics- Name
- Probate.auction & Resi.auction
- Legal name
- Probate.Auction Ltd
- Website
- https://probate.auction
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Probate.auction & Resi.auction industry classification
Industry- Product category
- Real Estate Auction Services
- akta.pro primary industry
- Bankruptcy, Probate & Estate Property Auctions (BPAJAEAG)
- akta.pro secondary industries
- Commercial Real Estate Auctions (BPAJAEAB), Residential Real Estate Auctions (BPAJAEAA)
Keywords
Where Probate.auction & Resi.auction is headquartered
LocationHeadquarters
- HQ city
- City Of London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
Probate.auction & Resi.auction business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Auction Commission and Administration Fees: Revenue generated through auctioneer's administration fee of £1,850 + VAT payable upon exchange of contracts, plus commission on successful property sales
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard Auction Administration Fee |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels7 records
Probate.auction & Resi.auction product offering
Product offeringCore offering
Probate.auction & Resi.auction operates nationwide live-stream and timed online auctions for probate, residential, and commercial property across England and Wales. The company conducts weekly live-stream auctions every Wednesday at 10:30am accepting telephone, proxy, and online bids, alongside weekly eBay-style timed online auctions with 2-hour bidding windows. They provide free property appraisals, comprehensive legal packs, open house viewings, and full auction administration services targeting executors, administrators, families, beneficiaries, solicitors, and charities.
Product overview
Probate.Auction operates as a multi-brand auction platform consisting of Probate.Auction (the core probate property auction brand), Resi.Auction (general residential property), and Commercial.Auction (commercial assets). The platform offers two primary auction formats: Live-Stream Auctions (weekly Wednesday events with real-time bidding) and Online Timed Auctions (weekly eBay-style bidding). Additional services include free property appraisals, buyer and seller guides, unoccupied property insurance, and auction finance options. The brands are supported by the shared scale, reach, and expertise of Resi.Auction, with EIG Property Auctions providing the underlying technical platform for legal documents, bidder registration, and catalog management.
Differentiator
Problem solved
Functional benefit
Brands
- Commercial.Auction: Extension of Probate.Auction's auction services into commercial property, delivering proven consistent results across every asset class.
Products and services
- Probate.Auction The UK's first and largest nationwide auctioneer dedicated solely to probate property sales, delivering speed, transparency, and maximum value for personal representatives, families, and beneficiaries through live-stream and online timed auctions across England and Wales.
- Resi.Auction A residential property auction brand extending auction services beyond probate to general residential property, including homes requiring modernisation, investment opportunities, and properties with development potential. Supported by Probate.Auction's scale, reach, and expertise.
- Commercial.Auction Commercial property auction extension delivering proven, consistent results across every asset class. Supported by the scale, reach, and expertise of Resi.Auction.
- Live-Stream Auction Weekly live-stream property auction format accepting telephone, proxy, and online bids in real-time. Provides transparent, competitive bidding with comprehensive legal packs available before bidding for buyer confidence.
- Online Timed Auction Weekly eBay-style online bidding platform with a 2-hour bidding window, providing an accessible alternative to live-stream auctions for properties across the UK.
- Free Property Appraisal A no-obligation auction appraisal service where property experts provide a comprehensive valuation for sellers considering the auction route. Accessible via an online form taking less than 2 minutes to complete.
Quantifiable outcome
- Reduces inherited property sale periods from over 20 weeks to 7-9 weeks
- +3 more outcomes
Companies that use Probate.auction & Resi.auction
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles4 records
Probate.auction & Resi.auction technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature4 records
Probate.auction & Resi.auction partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Legacy ManagementcoreCorporate partnership with Legacy Management, an organisation supporting legacy giving and will management. Probate.Auction is listed as a partner on their website, providing auction services for properties donated through legacies.
- The Property Ombudsman (TPO)coreRegistered member of The Property Ombudsman Scheme, providing independent dispute resolution for customers. Company adheres to TPO codes of practice and provides customers with access to free independent review after exhausting internal complaints procedure.
- The CPD GroupminorMembers of the CPD Group, demonstrating commitment to continuous professional development standards.
- Resi.AuctioncoreResi.Auction provides the scale, reach and expertise supporting Probate.Auction. Both operate under the same parent group, extending into commercial property through Commercial.Auction, delivering consistent results across all asset classes.
- EIG Property AuctionscoreLegal documents and auction infrastructure powered by EIG Property Auctions (legaldocuments.eigroup.co.uk). Provides legal packs, bidding registration, and auction catalogue management systems.
- Ecologi (Plant a Tree)minorPlant a Tree supporters through Ecologi, demonstrating environmental commitment. The company supports tree planting initiatives as part of its corporate responsibility programme.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Probate.auction & Resi.auction competitors and assessment
Company assessmentBroad incumbents
- Allsop: Long-established UK auction house running major residential and commercial property auctions. Overlaps with Probate.Auction in residential auction services but operates as a broader property consultancy.
- Barnard Marcus (Connells Group): Large UK estate agency and auction operator within the Connells Group. Provides property auction services alongside traditional sales, competing for inherited and probate property listings.
- Knight Frank: Global real estate firm offering UK residential and commercial property auctions as part of a wider agency and advisory practice. Comparable on auction format but with much broader service lines.
- Savills Auctions: Global real estate services firm with a UK auction business. Competes for higher-value residential and commercial stock; broader portfolio player rather than a probate specialist.
Direct peers
- Auction House UK: UK's largest network of regional residential and commercial property auction rooms. Directly comparable as a multi-region property auctioneer operating live and timed auctions across England and Wales.
- Clive Emson Auctioneers: Independent UK property auctioneer running regional auctions across southern England. Comparable business model selling residential, commercial, and probate-related property at live auctions.
- IAM Sold (iamsold): Online property auction platform operating across the UK with conditional and traditional auction formats. Direct competitor in the modern, online-led property auction space Probate.Auction occupies.
- SDL Auctions (Eddisons): National UK property auctioneer operating live and timed online auctions, now part of Eddisons group. Direct competitor running weekly auctions across England and Wales.
Others
- Legacy Management: Channel partner listed by Probate.Auction that supports legacy giving and will management. Adjacent ecosystem participant referring probate property sellers to the auction platform.
Emerging players
- iamproperty (PropTech): UK property technology firm offering online auction and sales progression tools to estate agents. Overlaps as enabling technology in the modern online auction space where Probate.Auction competes.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Probate.auction & Resi.auction social profiles
Digital presenceProbate.auction & Resi.auction compliance and trust
Trust signalCompliance2 records
Probate.auction & Resi.auction financial estimates
Financial estimateRevenue estimate
Valuation estimate
Probate.auction & Resi.auction leadership team
Management profileNumber of profiles
Profiles2 records
Probate.auction & Resi.auction subsidiaries and ownership
Company hierarchySubsidiaries2 records
Probate.auction & Resi.auction funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Probate.auction & Resi.auction M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Probate.auction & Resi.auction
What does Probate.auction & Resi.auction do?
Probate.auction & Resi.auction operates nationwide live-stream and timed online auctions for probate, residential, and commercial property across England and Wales. The company conducts weekly live-stream auctions every Wednesday at 10:30am accepting telephone, proxy, and online bids, alongside weekly eBay-style timed online auctions with 2-hour bidding windows. They provide free property appraisals, comprehensive legal packs, open house viewings, and full auction administration services targeting executors, administrators, families, beneficiaries, solicitors, and charities.
Is Probate.auction & Resi.auction a public or private company?
Probate.auction & Resi.auction is a private company. It is classified as corporate owned and is currently operating.
When was Probate.auction & Resi.auction founded?
Probate.auction & Resi.auction was founded in 2024. It employs 1 to 10 people.
Where is Probate.auction & Resi.auction based?
Probate.auction & Resi.auction is headquartered in City Of London, United Kingdom, in the Europe region.
How does Probate.auction & Resi.auction make money?
One revenue line is on record: auction Commission and Administration Fees.
Who are Probate.auction & Resi.auction's main competitors?
Broad incumbents on record are Allsop, Barnard Marcus (Connells Group), Knight Frank and Savills Auctions. Direct peers are Auction House UK, Clive Emson Auctioneers, IAM Sold (iamsold) and SDL Auctions (Eddisons). Legacy Management is listed as an others. iamproperty (PropTech) is listed as an emerging player.
Does Probate.auction & Resi.auction have an API?
No public API is recorded for Probate.auction & Resi.auction.
What industry is Probate.auction & Resi.auction in?
Probate.auction & Resi.auction's product category is Real Estate Auction Services. Its primary akta.pro industry code is BPAJAEAG, Bankruptcy, Probate & Estate Property Auctions, with a secondary code of BPAJAEAB, Commercial Real Estate Auctions.