
Private auctions
Sealed bids.
Mandates we run as opaque sealed-bid auctions. Deposit-to-bid, reserve never disclosed, one round, one envelope. Qualified bidders only — proof-of-funds before the brief is released.
Open auctions
Currently accepting bids.
Register interest to receive the full mandate brief and confidential reserve guidance after KYC + proof-of-funds clears.
How it works
Four steps.
Step 1
Register
Express interest in any open auction. KYC + proof-of-funds clears you in 24–48 hours.
Step 2
Receive brief
Full mandate pack: floorplans, surveys, contract, reserve guidance, viewing slots.
Step 3
Bid
Single sealed bid before close. Your bid is binding; the deposit is held in escrow.
Step 4
Outcome
Highest qualifying bid wins. Losing bidders see their deposits released within five working days.
Reserve prices and rival bids are never disclosed — opaque by design.
Sole-mandate, single-side
No dual-agency on any transaction. Conflicts disclosed in writing.
Discretion by default
Off-market sourcing, alias representation, NDA-ready.
Audit-ready paper trail
Mandate, briefs, memos and closing dossier — written, signed, archived.
In depth
How a sealed-bid sale actually works
A sealed-bid auction concentrates qualified demand into a single deadline without ever putting a price — or a rival's bid — on public view. Here is what that means for buyers and for owners weighing the route.
One round, one envelope, no visible price
Unlike an open outcry auction or an asking-price listing, a Belgrave mandate runs as a single opaque round: each cleared bidder submits one binding sealed bid before the deadline, the reserve stays confidential, and the highest qualifying bid wins. The published guide range is only an indication of the bracket so bidders can gauge fit — it is deliberately not the reserve. If you are new to the vocabulary, our glossary sets out terms like guide price, escrow and reserve plainly.
Why owners choose it over an open sale
A sealed-bid process suits discreet vendors who want competitive tension without public marketing or a board outside. It sits alongside our other disposal routes — an off-market whisper for maximum quiet, or a conventional mandate when reach matters more than discretion. See the full set of ways to sell, and the anonymised outcomes in The Vault for how closed mandates have performed.
Getting cleared to bid
Only KYC-cleared, proof-of-funds bidders receive the mandate brief and confidential reserve guidance, which keeps the room genuinely qualified. Register your interest in any open auction and clearance typically takes twenty-four to forty-eight hours.
How does a Belgrave sealed-bid auction work?
Each mandate runs as a single opaque round: qualified bidders submit one sealed bid before the deadline, with a deposit held in escrow. The reserve is never disclosed and the highest qualifying bid wins.
How do I qualify to bid on a private auction?
You register interest in an open auction and clear KYC plus proof of funds, which typically takes twenty-four to forty-eight hours. Only then is the full mandate brief and confidential reserve guidance released to you.
Why sell a super-prime home by sealed bid rather than at an asking price?
A sealed-bid process suits discreet vendors who want competitive tension without a public price or open marketing. It concentrates qualified demand into one deadline and keeps reserve levels and rival bids private.
Is my bid binding and is my deposit safe?
Yes, a submitted sealed bid is binding and your deposit is held in escrow, not by the vendor. Losing bidders see their deposits released within five working days of the outcome.
What does the guide range mean if the reserve is hidden?
The guide range is an indication of the price bracket, published so bidders can gauge fit, and it is deliberately not the reserve. The actual reserve stays confidential by design throughout the process.
Can Belgrave run my own property as a sealed-bid mandate?
The auctions desk runs four to six private mandates per quarter on a discretionary basis. Speak to an advisor about whether a sealed-bid sale is the right route for your asset.
Related
Continue exploring
- Sell with BelgraveDiscreet disposal routes for prime assets.
- Off-market salesSell without any public listing.
- The VaultAnonymised closed mandates and outcomes.
- Sold pricesThe sealed record of recent transactions.
- How we workSenior advisors across the full mandate.
- Register interestGet cleared to receive an auction brief.
Ready when you are
Want your own mandate run as a sealed bid?
The auctions desk runs four to six private mandates per quarter. Discretionary acceptance.
- No obligation, ever
- A personal reply within one working day
- One named senior partner throughout
Private and discreet. Your details are never sold, shared or added to a marketing list.