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In the red hot 'hoods it tends to go to best and final rather than sealed bids as such. Normally there will have been a first set of bids, then it will move to best and final, so different to the Scottish model but you're not meant to know what others are bidding.
Fox-
for our last sale we had 30/35 viewings in two weeks - went to a closing date (i.e. sealed bids final auction) with 15 offers. winning bid was ridiculous amount over the valuation, which is what tends to happen if there's a piranha 3D-esque feeding frenzy. best one was the couple who were gushing about the flat at viewing, saying they couldn't believe they'd found somewhere they loved so quickly and then at closing... they bid under valuation. I mean, they would have known they were bidding against 10+ other people.... wacky
/not-so-stealth-I'm-now-loaded-post
cozzzzzzzz
how common are sealed bids auctions in london/england? can’t buy a place up here (glasgow) without having to go through one since the market is so red hot in selected neighbourhoods