The Modern Method of Auction, introduced to the housing market by iam-sold in 2009, has inspired many estate agents to encourage vendors to pursue the sale of their house through auction.
iam-sold are an auction management service provider offering bespoke white label auction services to estate agents across the UK. The Company offers a full range of auction services ranging from traditional paid entry sales through to the modern method of auction. However iam-sold has seen huge demand for its Modern Method of Auction buyer’s premium service…. One size doesn’t fit all …. the service caters for all auction requirements! Partner agents also receive a completely hassle free solution that allows them to offer an in-house auction service with the full support of an iam-sold auction coordinator as well as their own personalised marketing support to compliment the service.
The Modern Method of Auction, which is best applied to the residential property market, truly benefits both buyers and sellers. This revolutionarynew system allows its vendors to sell their properties quickly, for the maximum market price and without having to pay any agency fees. As a result, there have been over 130 agents that have signed on to work with iam-sold this year alone, signifying successful expansion within the market.
In addition to the online auction service, iam-sold works in partnership with a host of estate agents to run numerous physical property auctions throughout the year including the Northern Lincolnshire Property Auction, East Yorkshire Property Auction and the East Midlands Property Auction. These auctions provide sellers with relief in response to the sluggish property market where it can often take many months to sell homes, leaving vendors frustrated and unable to release funds from their properties. Vendors are able to set a minimum reserve price which allows them to be in complete control of the process and they can log onto the site and see how many watchers and bids their property is receiving, making the sales process completely transparent.
The continued auction success prompted iam-sold to launch the Great North Property Auction in October 2011, which works with over 50 interlinked branches throughout the region. With already one successful Great North Property Auction, the second one was held on the 6th December 2011 with a stronger outcome than the first.
To date, iam-sold have achieved over 600property sales for the year worth over £1,200,000. The New Year, having a prosperous start already, will be introduced by the launch the West Yorkshire Property Auction on Tuesday 21st February 2012 in Bradford. “We have seen the company grow from strength to strength over the past year and will continue to pursue all opportunities in 2012” commented iam-sold Directors, Jamie Cooke and Ben Ridgway. Over the next 12 months iam-sold plan to double their network of agents and become one of the largest auction providers in the UK!
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