Agents invited to free webinar on MMoA

Newcastle-based auction company, iamsold, is hosting a free webinar for estate agents on the Modern Method of Auction on Thursday, 13th May.


Estate Agents and anyone in the property industry wanting to know more about the fast-growing Modern Method of Auction (MMoA) are being invited to attend a free webinar being hosted by iamsold.

Despite MMoA becoming a more mainstream way to buy and sell property, there are still common misconceptions which the webinar will address, as well as the evolution of the method and the benefits it offers to both agents and consumers.

iamsold’s MMoA sales grew by 18 per cent last year and the method is continuing to gain momentum. Earlier this month, Rightmove launched a new digital auction feature powered by iamsold, and MMoA sales so far this year are breaking records.

The webinar will be hosted by iamsold’s Head of Partnerships, Tom Bailey on Thursday, May 13 at 11am, alongside panellists Jamie Cooke (Managing Director) and Emma Burdis (Head of Compliance). The session will cover:

  • How did the Modern Method of Auction start – talking about how MMoA works, who it is for and busting the myths and misconceptions around the method.
  • Putting the spotlight on transparency and compliance – discussing the importance of transparency, best practice and the roadmap for more improvements in the future.
  • The future of MMoA – looking at how Rightmove and Zoopla are supporting MMoA and what it means for adoption of the method, auction market predictions for the remainder of 2021, and what innovation is to come.

Link to Auction NewsJamie Cooke, Managing Director at iamsold, said: “With interest in the Modern Method of Auction growing at speed and more agents considering offering it to meet demand from consumers, we want to use this webinar to share more information about the method and answer any questions people may have.

“It will be a great opportunity for agents to learn more about the benefits MMoA can give them and their clients, and ultimately clear up any misconceptions. One misconception we hear is a lack of transparency around fees which MMoA has faced criticism for. This is an area we’ve driven significant change around to ensure full transparency and that consumers have a consistent MMoA experience. By addressing things like this we hope people will leave the session with a better understanding of MMoA and its place in the market.”

iamsold recently took the top spot on Essential Information Group’s 2020 auctioneer league table. The company has pioneered the Modern Method of Auction for the last decade and provides auction services to over 2,500 estate agency branches.

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