IPS Estates has partnered with the Midlands auction specialist, SDL Auctions.
IPS Estates, based in Ilkeston, Derbyshire, will sell properties through online auction on its own website, through the SDL Auctions website and portals such as Rightmove.
Director of IPS Estates, Richard Jones, called it “the perfect route to market for tenanted properties”.
He said IPS Estates has a number of investment sales properties in its portfolio and felt the conventional way of selling them was not always appropriate for investors.
Richard said: “We are delighted to align our brand with SDL Auctions when it comes to online investment property sales.
“The first place people look now is online. Five years ago only one per cent of properties were sold through online auction, this year it was five per cent and that’s forecast to grow to 10 per cent over the next 10 years. The online method is only going to get bigger, better and adapt to improving methods of disposal.”