Auctions
News covering residential property auction activities and the companies who offer auction services to estate agents, property investors and landlords.
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My Auction and Bamboo merge to create online auction powerhouse
Rocket Auctions will offer agents the ability to sell properties online through Bamboo’s tech platform and Stuart Collar-Brown will be in-house auctioneer.
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A ‘lot’ of sales at plummeting prices
The auction market review for 2023 from Essential Information Group shows a decline in average sale prices amid a rise in lots sold.
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A third of auction bidders DO NOT look at legal packs
Essential Information Group’s recent auction review has revealed what due diligence bidders take before auction day.
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INDUSTRY FIRST: Iamproperty auctions now sell 1% of all homes – claim
Boss Jamie Cooke says that despite some market uncertainty last year’s demand for auction is showing no sign of slowing down.
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Property auctions report sales surge but slipping prices
The residential sector saw a 14.7% surge in sales but more conservative growth in total with the average sale price dropping to £168,453.
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Record-breaking sales of £641 million raised by property auctioneer in 2023
Auction House boss Jeremy Prior reveals the group had 6,622 properties going under the hammer last year – an increase of 34%.
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‘Past year has been a challenge so what next for property auctions?’
IamProperty’s Jamie Cooke takes a look at the prospects for the auction market over the next 12 months and what will be driving demand in 2024.
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Proptech group in major recruitment drive following nine figure investment
Iamproperty Co-Founder Jamie Cooke says new Associate Auction Specialists will manage relationships with the Group’s network of agents.
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Estate agents achieve highest ever quarter of online property auction sales
Iamproperty’s Jamie Cooke says its Online Index shows each quarter of auction sales this year has outsold the last and sales are growing at pace.
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