Property auctions company Town & Country says it is hoping to become a national player by late Autumn this year as it unveils a significant number of new territories and franchises, all bagged by estate agencies.
CEO Neil Mcdonald, who had a 21-year-career as an agent prior to joining the sector, says his company is going through a major period of growth.
Today it has revealed its latest addition of eight new territories and franchises, taking it to 17 in total.
MacDonald also says his expansion plans have been aided in part by the increasing demand from bidders for online auctions during and since the pandemic.
“While the private treaty market boom shows signs of easing, the auctions sector remains buoyant and we saw an opportunity for growth and Town & Country Property Auctions will, by the September or October, have enough territories to offer a national service,” he says.
“We look forward to working with our local colleagues and partners to continue our growth with the view to being the go-to auction provider in the UK within two years.”
The eight new territories are for London, Birmingham, Herts/Beds/Bucks, Devon, Cornwall, Cumbria, Liverpool/The Wirral and Cheshire/Staffordshire/Shropshire.
To coincide with the expansion push, the Chester-based firm has rebranded and re-launched its online platform backed via a major auctions tech provider and revealed at an online event attended by 40 property people.
As The Neg reported recently, many auction firms like TCPA have seen a huge move to online auctions prompted by Covid restrictions.