The Modern Method of property auction

IAM Sold enables estate agents to offer an auction solution as a core service within their existing business, but without taking on the extra resource and costs that are associated with launching a new department. IAM Sold does not charge any franchise fees or on-going costs as they work on the basis of joint success.

IAM Sold has undoubtedly secured business which we would otherwise have lost to competitor agents. David Stewart Smith, Managing Director, Andrew Grant Estate Agents.

ENABLING ESTATE AGENTS TO DRIVE NEW REVENUE

IAM Sold provides estate agents with the ability to create a new revenue stream, widen their business services and build their brand locally, all with the support of IAM Sold’s team of auction specialists.

Now the largest independent residential auctioneer in the UK based on lots sold (source EIG 2016) IAM Sold provides auction solutions to over 650 separate estate agency brands totalling over 1875 branches nationwide. They operate the most extensive range of auctions in the marketplace, including live and online auctions, utilising both the traditional and the Modern Method of online auction. They also provide estate agents with their own white label auction brand.

THE MODERN METHOD OF AUCTION

The Modern Method of Auction creates a transparent marketplace for residential buyers and sellers, combining the best aspects of traditional auction and private treaty sales. The online auction marketplace continues to grow through a strong internet community, people thrive on the thrill which comes from easy transactions and a wealth of properties to browse through.

WHAT CAN IAM SOLD OFFER MY PROPERTY BUSINESS?

IAM Sold provides estate agents with unique selling points through cutting edge technology, delivering unparalleled levels of service to enhance their clients proposition. IAM Sold supports estate agents with:

• their own branded website
• industry leading technology
• increasing their average fees
• increasing their services and revenue
• opportunities to win new business
• increased valuation conversion rates
• a marketing and design service
• a full training programme, ongoing support and a dedicated team.

WHAT’S THE ESTATE AGENT’S VIEW?

David Stewart Smith, MD of Andrew Grant Estate Agents says, “We were somewhat reticent about adding the Modern Method of Auction to our armoury of methods for selling property, however we should not have hesitated as our experience since joining IAM Sold has been astonishingly successful. Indeed our average fees for selling properties with IAM Sold are significantly higher than would have been the case through private treaty.

“The method has also undoubtedly secured us business which we would have otherwise lost to competitor agents through the prevailing aggressive fee war. The auction fees are significantly higher than our average and thus now make this undoubtedly the preferred method of sale.

“The facility is ideal for a large variety of property types, especially those where competitive bidding is anticipated. Furthermore, the platform permits bids from those whose financial circumstances would deny them access to buying at a ‘traditional’ auction. Hence agent and seller are assured to achieve maximum sale prices with upmost transparency for the purchaser and under bidders.

“The IAM Sold backroom staff are immensely knowledgeable and experienced in helping to secure instructions from hesitant sellers. This is a great organisation which has forged a very successful relationship with established agents, helping to secure valuable, quality business under the toughest market circumstances.”

Find out more about IAM Sold
Visit: www.iamsold.co.uk/agents
Email: [email protected]