Agents pocketed record amounts of fees from auction with iampropety during the second quarter, research suggests. It comes as iamproperty’s Online Auction...
Archive
![PropTech Today - Jackson-Stops builds auction house with Bamboo](/upload/images/Shutterstock-only%20images/Special%20Logo's/PropTech%20.jpg)
National estate agency, Jackson Stops, has appointed Bamboo Auctions to provide the white-labelled technology behind its new J-S Auctions service. Bamboo Auctions...
30 May 2024
From: Breaking News
![Auction firms merge to boost estate agent services](/upload/images/Shutterstock-only%20images/Property%20Market/Acquisition-400x310.png)
My Auction has merged with Bamboo Auctions to form one of the largest online auction providers in the UK. Rocket Auctions, a newly...
15 March 2024
From: Breaking News
![Agents mark record year for auction sales](/upload/images/shutterstock_1929449678.jpg)
Estate agents sold a record-breaking number of properties via online auction in 2023, research suggests. The latest Online Auction Index from iamproperty...
29 January 2024
From: Breaking News
![Vendors must be ‘more realistic’ about auction sales - warning](/upload/images/Property%20auction%20generates%20%C2%A313m%20in%20sales.jpg)
Increasing numbers of auction sales are at risk of failing in 2024 if vendors don’t adjust their expectations, an auctioneer claims. Stuart...
29 December 2023
From: Breaking News
![Auctioneer: Property market hasn’t bottomed out yet](/upload/images/Shutterstock-only%20images/Property%20Market/Housing_Market-400x310.png)
Many property professionals may be getting excited by lower inflation and falling mortgage rates but an auctioneer is warning that there...
16 November 2023
From: Breaking News
![Agents hit highest quarter for online auction sales - iamproperty](/upload/images/Shutterstock-only%20images/Property%20Market/Homeowners%20driving%20Google%20search%20Weekend%20Estate%20agent%20AgentOnline-400x310.png)
Estate agents sold a record number of properties via online auction between July and September, figures from proptech firm iamproperty have...
31 October 2023
From: Breaking News
![Auctioneer: Don’t put unsuitable homes under the hammer](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews1-400x310.png)
Agents and sellers are being warned against putting unsuitable properties up for auction. Stuart Collar- Brown, chief executive of online auctioneer platform...
24 July 2023
From: Breaking News
![Agents sell record number of homes under the hammer](/upload/images/shutterstock_375747523.jpg)
Estate agents sold a record number of properties via auction between April and June, data from iamproperty suggests. The proptech firm’s latest...
21 July 2023
From: Breaking News
![New index reveals record quarter for agency auction sales](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyStats-400x310%20(1).png)
Agents working with auctioneer iamproperty recorded record sales under the hammer during the first quarter of 2023, new research claims. A new...
25 April 2023
From: Breaking News
![New service aims to secure and speed-up sales](/upload/images/Shutterstock-only%20images/Property%20Market/HouseForSale_400x310.png)
A former estate agent-turned-online auctioneer has launched a new service that aims to speed up and secure sales. Stuart Collar-Brown, co-founder and...
23 March 2023
From: Breaking News
![Revealed: The Top Trends For 2023 Auction Market](/upload/images/Shutterstock-only%20images/Rental%20Market/Court-UK-400x310.png)
Consumer demand for auction can no longer be ignored. Month after month this alternative method of sale sees increased uptake as...
11 January 2023
From: Features
![Revealed – UK-first PropTech launches agents need to know about](/upload/images/PropTech%20%26%20Online/PropertyDevelopmentImage-1-400x310.jpg)
Automation is the direction the industry is moving in and it’s gathering pace every day. Forward-thinking agents are using automation and...
20 July 2022
From: Features
![Proptech firm promises more agent innovation to speed up sales](/upload/images/Auctions/Online-Prop-Auction-400x310.jpg)
Proptech firm iamproperty has surpassed £1bn of sales using the Modern Method of Auction (MMoA) in the past 12 months. Its iamsold...
18 July 2022
From: Breaking News
![Auctioneer slams ‘outdated’ partner agent contracts](/upload/images/Housing%20Market%20%26%20Property%20Images/Millennials-Handshake-400x310.jpg)
An online auctioneer has hit out at exclusive partner agreements between agents and traditional auction houses. Stuart Collar-Brown, co-founder and director of...
06 May 2022
From: Breaking News
![Auction service hits agent milestone](/upload/images/library/OnlineAuction-400x310.jpg)
Auction house The iamproperty Group has reached a new agent milestone. It now has 4,000 agents on the network using its auction...
14 April 2022
From: Breaking News
![Major PropTech deal for two of the industry’s best-known names](/upload/images/library/PropTech-4-400x310.jpg)
The iamproperty group - best known for its online auction business - has snapped up cloud-based property software business VTUK for...
29 March 2022
From: Breaking News
![Phil Spencer: Time for agents to grab the gavel as market slows](/upload/images/Site%20logos/PhilSpencer-MoveIQ-EATLAT-400x310.jpg)
The market’s likely to slow this year as the rising cost of living saps some buyer confidence, so agents are understandably...
04 March 2022
From: Breaking News
![Hammered! Young people moving towards auctions - claim](/upload/images/Housing%20Market%20%26%20Property%20Images/Millennial-BusinessWoman-Communication-400x310.jpg)
The UK’s largest property auctioneer says that there is now clear evidence of the impact the pandemic has had on the...
25 January 2022
From: Breaking News
![Online auction specialist joins senior Propertymark committee](/upload/images/Logos/NAVAPropertymark-Logo-400x310.jpg)
An online auction company executive has been appointed to the National Association of Valuers and Auctioneers committee for Propertymark. Stuart Collar-Brown, co-founder...
18 January 2022
From: Breaking News
![Modern Method of Auction specialist invites new trainees](/upload/images/Housing%20Market%20%26%20Property%20Images/MillennialAgents-2020-400x310.jpg)
Online auction specialist Iamsold has opened its training programme for applications for its January 2022 intake. Jamie Cooke, managing director at iamsold,...
08 December 2021
From: Breaking News
![Livestreaming - is this the way to sell homes in future?](/upload/images/Auctions/AuctionHouseLogo-2019-400x310.jpg)
Auction House London says the Coronavirus pandemic has proved that the power of livestream sales far outweighs the impact of earlier online...
09 November 2021
From: Breaking News
![Going Going Gone! Agents say more buyers look to online auctions](/upload/images/Auctions/SDLAuctions-VirtualAuction-400x310.jpg)
Propertymark says more buyers are now looking at online auctions, making this a more viable route to sale than before. The latest...
04 November 2021
From: Breaking News
![Britain’s latest staff shortage - too few auctioneers](/upload/images/Auctions/AuctioneerGavel-400x310.jpg)
Too few lorry drivers, hospitality staff and care home assistants - and now too few auctioneers, too. Propertymark says a surge in...
25 October 2021
From: Breaking News
![The Modern Method of Auction is fast, transparent and the future](/upload/images/Auctions/PropertyAuctionHome-400x310.png)
The Modern Method of Auction (MMoA), also known as Conditional auction, can sometimes get a bad rap. However, much of the...
13 October 2021
From: Features
![Rightmove reveals four new Modern Method of Auction providers](/upload/images/Logos/RightmoveNewLogo2016-400x310.jpg)
Rightmove - which for some time has linked solely with iamsold to provide the controversial Modern Method of Auction system to...
06 October 2021
From: Breaking News
![Agents Do Charity - as summer begins to draw to a close](/img/default/eat.png)
Awful isn’t it? Where was that sunshine? Well, the clouds have parted when it comes to fund-raising as the industry continues...
20 August 2021
From: Breaking News
![Jamie Cooke, Co-Founder and Managing Director at iamsold, part of the iamproperty group](/img/default/eat.png)
Who are you and what does it say on your business card? I’m Jamie Cooke, Co-Founder and Managing Director of iamsold, part...
06 July 2021
From: 60 Second Interview
![Digital onboarding service launches with 900 agency branches](/img/default/eat.png)
Movebutler, the digital onboarding platform from online auction specialist iamproperty, says it has some 900 agency branches signed up. These include Martin...
28 May 2021
From: Breaking News
![Portals help Modern Method of Auction firm take top spot](/img/default/eat.png)
Iamsold, the company best known for its Modern Method of Auction online platform, has won top spot in an auction league...
21 April 2021
From: Breaking News
![Agent warns public of perils of Modern Method of Auction](/img/default/eat.png)
A prominent estate agent has warned buyers and sellers about the perils of the controversial Modern Method of Auction. MMA is now...
15 March 2021
From: Breaking News
![Jake Field - Area Sales Manager, LetsBid Property](/img/default/eat.png)
Who are you and what does it say on your business card? Jake Field - Area Sales Manager What is lets bid Property...
05 March 2021
From: 60 Second Interview
![Controversial Modern Method of Auction wins £80k for Zoopla agents](/img/default/eat.png)
Zoopla says it has so far delivered almost £80,000 in agent fees through its access to the Modern Method of Auction. MMA...
24 February 2021
From: Breaking News
![More agents resorting to Modern Method of Auction](/img/default/eat.png)
One auctioneer Iamsold, which operates the Modern Method of Auction, says it’s enjoyed its strongest January on record. It’s seen a 26...
11 February 2021
From: Breaking News
![Covid Crisis: No physical auctions this year for top auctioneer](/img/default/eat.png)
One of the country’s top auctioneers is not going to stage any ballroom auctions this year - and it’s keeping its 2022...
26 January 2021
From: Breaking News
![Online auction fees controversy: One operator to publish all charges](/img/default/eat.png)
An auction house that's made a transition from ballroom operations to online streaming is to publish all fees for all lots -...
31 December 2020
From: Breaking News
![Modern Method of Auction firm says public needs to be educated](/img/default/eat.png)
The largest company involved in the controversial Modern Method of Auction says it’s producing a “disruptive digital market campaign to address...
24 December 2020
From: Breaking News
![Phil Spencer: sellers can avoid January blues with positivity from agents](/img/default/eat.png)
As we approach the most unusual of festive periods, many property professionals will already be thinking about the January market and...
07 December 2020
From: Breaking News
![Modern Method of Auction attracts Zoopla member agents](/img/default/eat.png)
Over 100 Zoopla member branches have signed up to the Modern Method of Auction system offered via the portal. Over the summer Zoopla...
03 December 2020
From: Breaking News
![Online network now has Modern Method of Auction link](/img/default/eat.png)
Online network love2move - which gives partner High Street agents an option to offer vendors an online sales service - is...
26 November 2020
From: Breaking News
![Tragedy as estate agent, 36, found to have taken his own life](/img/default/eat.png)
A young estate agent who set up his own online auction service took his own life after a long period suffering...
17 November 2020
From: Breaking News
![Agents Do Charity … on Children In Need day…](/img/default/eat.png)
Hello and welcome to your regular Friday charity round-up from the industry - appropriately enough on the day of the latest...
13 November 2020
From: Breaking News
![Online agency offers auction service to rivals at fixed price fee](/img/default/eat.png)
An online agency says its virtual auction service can be used even by its rivals between now and the end of...
03 November 2020
From: Breaking News
![Six ways innovation is transforming the lettings sector](/img/default/eat.png)
Tenant enquiries and property viewings unsurprisingly slowed this spring, due to the necessary government restrictions brought in to manage the pandemic....
24 October 2020
From: Features
![Modern Method of Auction: market leader claims record month](/img/default/eat.png)
Online auction service Iamsold secured £52.7m in total for vendors in September, an increase of 16 per cent on the same period last...
21 October 2020
From: Breaking News
![Auction march continues - record summer for UK's largest auctioneer](/img/default/eat.png)
The strong performance of the auction market in recent months has been reinforced by the latest figures from iamsold, the UK's...
17 September 2020
From: Breaking News
![Agency's new remote auction technique heralded as major success](/img/default/eat.png)
Savills has held its fourth remote auction, raising some £32m with an 82 per cent success rate - making it the...
06 August 2020
From: Breaking News
![Online auction option relaunched by Guild after 1,000 sales](/img/default/eat.png)
The Guild of Property Professionals is relaunching its online auction brand - Guild Auctions - even though it has already successfully...
05 August 2020
From: Breaking News
![Zoopla to promote online Modern Method of Auction to agents](/img/default/eat.png)
Zoopla has entered into a partnership with an online platform to promote the so-called Modern Method of Auction option to estate...
15 July 2020
From: Breaking News
![Online firm says rival agents could use new digital auction service](/img/default/eat.png)
An online agency that describes itself as the fifth largest in the sector has announced it’s launching a digital auction service. 99home...
13 July 2020
From: Breaking News
![National auctioneer seeks agency partners for new sales initiative](/img/default/eat.png)
National property auctioneer Pugh & Co is launching an initiative to partner with estate agents across the UK. Via a new network...
08 June 2020
From: Breaking News
![Online Auctions Why Estate Agents Are Joining LetsBid](/img/default/eat.png)
Lets Bid works in partnership with a variety of Estate Agents across the Uk from big franchise brands like Winkworth /...
04 June 2020
From: Sponsored Content
![From morning huddles to international newsletters - more morale-boosters](/img/default/eat.png)
Three more property players have been in touch to share what they're doing to help their staff during lockdown - there...
08 May 2020
From: Breaking News
![Agents to receive full legal packs for auction with no upfront costs](/img/default/eat.png)
An online auction platform is offering agents full legal packs with no upfront cost in a bid to keep the housing...
28 April 2020
From: Breaking News
![There’s still a market - over £28m raised at online auction](/img/default/eat.png)
Allsop has staged its first principal residential auction entirely online, and has raised £28m. Some 76 per cent of all lots offered...
15 April 2020
From: Breaking News
![Planning for post-lockdown - how to hit the ground running](/img/default/eat.png)
Over the last two weeks we’ve seen the country come to a standstill and the property market effectively put on ice...
01 April 2020
From: Features
![Agent repays ‘non-returnable’ reservation fee after property row](/img/default/eat.png)
An agency has repaid a £6,000 reservation fee to someone who thought they had purchased a property for £83,000 but was later...
09 March 2020
From: Breaking News
![Property Jobs Today - the movers and shakers in our industry…](/img/default/eat.png)
Hello and welcome to the latest PJT - your regular Monday fix of who’s moving where in our industry. As ever, a...
10 February 2020
From: Breaking News
![What are the benefits of traditional online auctions for estate agents?](/img/default/eat.png)
Property auctions – online or otherwise – can be hugely helpful to sellers, buyers and estate agents. Online auctions, in particular, are...
06 February 2020
From: Sponsored Content
![PropTech Today: Could you cut months off your deal time?](/img/default/eat.png)
Quite a few years ago, I spoke at a conference for auctioneers. It was a traditional affair. Rural location. Nice hotel....
29 January 2020
From: Breaking News
![Taking a hammer to Christmas - more office pics from agents](/img/default/eat.png)
Here we go again with another brilliant Christmas pic - this time it’s from Under The Hammer, an online auction service...
17 December 2019
From: Breaking News
![Going, Going, Gone! More agents sign with online auction firm](/img/default/eat.png)
[Estate Agent Today was ‘off air’ for some of Wednesday and most of Thursday thanks to technical problems - we apologise...
06 December 2019
From: Breaking News
![Stamp duty surcharge could have benefits for UK buyers - claim](/img/default/eat.png)
The chief of an online auction service says the Conservatives’ controversial proposal for a three per cent stamp duty surcharge on...
26 November 2019
From: Breaking News
![Agency starts weekly online auctions as public demand steps up](/img/default/eat.png)
An estate agency says it is now holding weekly online auctions in addition to its bi-monthly traditional ‘showroom’ auctions. Loveitts, which operates...
12 November 2019
From: Breaking News
![Market latest: Agents hope for New Year boost as prices stagnate](/img/default/eat.png)
House prices dipped a tiny 0.1 per cent in October - but this led to the annual rate coming in at...
08 November 2019
From: Breaking News
![New online auction service launches, pledging a fairer service](/img/default/eat.png)
A new online auction service has launched this week, pledging a fairer service for agent partners, as well as buyers and...
10 October 2019
From: Breaking News
![Agency sets up its own PropTech consultancy service](/img/default/eat.png)
The niche agency Singer Veille has set up its own PropTech consultancy and application development service for the property industry. Singer Veille...
24 September 2019
From: Breaking News
![Property Jobs Today - this week’s news and moves in the industry](/img/default/eat.png)
Hello and welcome to your regular Monday PJT, the essential guide to who’s moving where in our industry. Everyone mentioned here got...
23 September 2019
From: Breaking News
![PropTech Today: Is PropTech about to burst?](/img/default/eat.png)
There are those who say that PropTech is at risk of becoming a bubble market, and others who say bubbles don’t...
18 September 2019
From: Breaking News
![Agents praise “remarkable” market for staying strong despite Brexit](/img/default/eat.png)
Another house price index has suggested the housing market continuing to show great resilience despite the continuing economic and political uncertainty. The...
09 September 2019
From: Breaking News
![Old-style auction claims “tremendous success” despite problem for sector](/img/default/eat.png)
Pattinson Auction has claimed its latest live non-online event was a “tremendous success” despite what it calls “misconceptions” about this way...
03 September 2019
From: Breaking News
![Property Jobs Today - all the late-summer moves in our industry...](/img/default/eat.png)
Hello and welcome to the final PJT before September - yes that means summer is almost over. Yet even during the holiday season...
19 August 2019
From: Breaking News
![PropTech v Traditional: Auction houses fight for market share](/img/default/eat.png)
Auction companies have issued statements boasting of their own performance as old school companies and new entrants vie for market share. Firstly...
12 July 2019
From: Breaking News
![Rightmove trials digital offers for commercial buyers – is this the future?](/img/default/eat.png)
Property portal Rightmove has confirmed that it is trialling an option which allows buyers of commercial properties to submit offers online...
08 July 2019
From: Breaking News
![Online auction method adopted by historic estate agency](/img/default/eat.png)
A 176 year old agency is claiming success with its first online auction lot selling for over twice the guide price. It...
27 June 2019
From: Breaking News
![Modern method of auction - the online bidding process explained](/img/default/eat.png)
The modern method of auction is proving to revolutionise the way properties are bought and sold across the UK. By putting the...
26 June 2019
From: Features
![MyBid4It offers exclusivity benefits for Estate Agents…](/img/default/eat.png)
MyBid4It is an online auction platform which has been developed to partner with Estate Agents and revolutionise the way properties are...
26 June 2019
From: Sponsored Content
![Over 150 agents link with 'Modern Method' online auction firm](/img/default/eat.png)
An online auction service which only came into existence in September last year claims to have 150 partner estate agents already,...
21 June 2019
From: Breaking News
![Is click & collect the future for the property market?](/img/default/eat.png)
In recent years click & collect has become a popular way for retailers, supermarkets and online shopping sites such as Amazon...
24 May 2019
From: Sponsored Content
![Click and collect? Platform allows agents to sell properties 'instantly'](/img/default/eat.png)
An online auction platform has launched a new instant property purchase feature as part of its expansion plans. Under The Hammer, a...
10 May 2019
From: Breaking News
![‘Replacement for private treaty sales’ offered by online auctioneer](/img/default/eat.png)
The Network Auctions ‘E” online property platform, used by an estimated 100 agents, has been revamped with vendors now offered three...
21 March 2019
From: Breaking News
![New ‘Modern Method of Auction’ firm tries to woo estate agents](/img/default/eat.png)
Another new online auction company has launched and is bidding to woo traditional estate agents with the controversial ‘modern method of...
18 March 2019
From: Breaking News
![IAMSold claims top independent spot in resi auctions’ league table](/img/default/eat.png)
Outsourced auction provider IAMSold says it is the top independent auctioneer for residential property lots sold in 2018, according to the...
05 March 2019
From: Breaking News
![New facility for major online property auction company](/img/default/eat.png)
One of the country’s major property auction companies has a new base. The 233,000 square foot site in Chesterfield has been acquired...
03 January 2019
From: Breaking News
![Controversial online auction firm generated £10.6m in fees for agents](/img/default/eat.png)
The debate about online auction charges levied on buyers continues this morning with the release of figures showing that one company...
26 November 2018
From: Breaking News
![Online auction buyers 'must pay stamp duty on reservation fee' shock](/img/default/eat.png)
A consumer group which has already expressed alarm at some aspects of the so-called ‘Modern Method of Auction’ says it has...
22 November 2018
From: Breaking News
![IAM Sold's associated firms rebrand in bid to woo more agents](/img/default/eat.png)
Intelligent Services Group - parent company of online auction service IAM Sold - is rebranding around the IAM name. ISG and its...
20 November 2018
From: Breaking News
![Online auctions ‘work for agents and vendors’ insists digital operator](/img/default/eat.png)
An online auction platform which works with estate agents says this method of selling homes works, with four sales in one...
15 November 2018
From: Breaking News
![Online property auction firm hits back against “murky” accusation](/img/default/eat.png)
A firm which links with agents to operate online auctions has hit back at a consumer group's allegations that this growing sector...
31 October 2018
From: Breaking News
![Agents slammed for milking buyers for profits via online auctions](/img/default/eat.png)
A consumer group says agents are securing increasing income from online auctions, but it warns that for buyers there are pitfalls...
30 October 2018
From: Breaking News
![Agency sells home via first-ever Artificial Intelligence auctioneer](/img/default/eat.png)
A platform which previously offered online private treaty exchanges says a sale of a home in the Republic of Ireland has...
11 October 2018
From: Breaking News
![Large regional agency chain signs up to white-label online auction firm](/img/default/eat.png)
Bradleys Estate Agents, the westcountry’s largest independent agency chain, is the latest agency to sign up with Bamboo, an online property...
04 October 2018
From: Breaking News
![Are online auctions now a key feature for agents?](/img/default/eat.png)
With the news that Hunters and Fisher German are the latest agencies to offer online auctions to sellers, is this something...
18 September 2018
From: Sponsored Content
![Online auctions - more agents offer white label options to vendors](/img/default/eat.png)
Hunters and Fisher German are the latest agencies to offer online auctions to vendors. An announcement from PropTech property auction company Bamboo...
14 September 2018
From: Breaking News
![Extra funding for agent-partnering online auction platform](/img/default/eat.png)
The online auction platform BidX1 has announced a strategic investment which will be used to accelerate its growth. The investment comes from...
04 September 2018
From: Breaking News
![Another agency teams up with online and in-room auction house](/img/default/eat.png)
Another agency has teamed up with an auction company to allow it to offer vendors the choice of both in-room and...
15 August 2018
From: Breaking News
![Online and traditional auction houses slug it out for dominance](/img/default/eat.png)
The rivalry between online and traditional property auction companies continues apace with one high profile player from each camp claiming major...
14 June 2018
From: Breaking News
![Online auction house proves cynics wrong - and says more will follow](/img/default/eat.png)
An auction house says it was “scoffed at” four years ago when it began offering online options to customers - but...
12 June 2018
From: Breaking News
![Auction property market benefitting from new online approach](/img/default/eat.png)
In an era when we are never far away from our phones, tablets or laptops, buying and selling property is benefitting...