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View the video online at http://citywire.co.uk/money/video/a439824
How do online property auctions work?
We talk to property website Zoopla to find out the pros and cons of buying and selling property through an online auction.
Online auctions make the process of buying and selling property more convenient and transparent, says Mark Witherspoon, strategic developer at Zoopla.com, a property website that launched its own online auction service earlier this year.
Here Witherspoon explains exactly how an online property auction works, who can use them and why he thinks they are the future of the property market.





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