Bamboo Auctions, an online property auction marketplace that provides white labelled online auction technology to agents and auctioneers, has signed exclusive partnerships with Hunters Estate Agents and Fisher German.
In doing so, Bamboo will be providing over 250 agency branches with access to their own branded online auction platform.
Hunters, having switched to Bamboo from a competing provider, will use Bamboo Auctions’ technology to power all online auctions across its 200 strong franchise network.
This follows an exclusive partnership signed earlier this year with Fisher German, a 16 branch multi service agency. Fisher German have just launched their platform along with their new website.
Both Hunters and Fisher German have successfully sold their first few properties online, through their own branded white labels, with more vendor instructions flowing in.
Stuart Flint, Partner in charge of transactional business at Fisher German said, “I foresee huge growth in this method of sale. The system allows our private clients to enter appropriate lots all year round, alleviating the need to wait for an appropriate collective auction but it is perhaps our corporate clients and other institutions we act for who may see the greatest benefit. These clients in particular will see the advantages of this open pathway to sale and probably the ultimate test of market value attainment.”
Gemma Jaques, Auction Manager at Hunters said, “We are very pleased to be working with Bamboo Auctions, which enables our local franchised agents to participate in property auctions throughout the UK.”