Consumer demand for auction can no longer be ignored. Month after month this alternative method of sale sees increased uptake as...
Archive
![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
![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
![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
![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
![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
![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
![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
![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
![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
![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
![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
![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
![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
![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
![‘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
![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
![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...
24 May 2018
From: Sponsored Content
![Irish online auction firm names the date for first UK sale](/img/default/eat.png)
Online auction house BidX1 has launched its first UK online auction following its acquisition of London-based auctioneer Andrews & Robertson. This is...
20 February 2018
From: Breaking News
![Why agents should look to online auctions in a challenging market](/img/default/eat.png)
Between October and December 2017, some £822 million worth of UK residential property was sold at auction, according to the Essential...
07 February 2018
From: Features
![IAM Sold claims title of UK's top independent resi auctioneer](/img/default/eat.png)
IAM Sold says it is the largest independent residential auctioneer in the UK based on lots sold, for the second year...
25 January 2018
From: Breaking News
![Top auction house to become part of mixed online/traditional service](/img/default/eat.png)
Andrews & Robertson, one of the UK’s highest profile auction houses, has been taken over by Ireland’s BidX1 and is set...
22 January 2018
From: Breaking News
![New website allows agents to sell properties via online auctions](/img/default/eat.png)
It’s been a trend developing in the past few months - estate agents increasingly flirting with the idea of selling homes...
08 December 2017
From: Breaking News
![100th agency branch partner named by Network Auctions](/img/default/eat.png)
Network Auctions has revealed its 100th partner estate agency office ahead of its next auction in three weeks’ time. Rolfe East in...
18 August 2017
From: Breaking News
![Would you ‘let’ a property go under the hammer?](/img/default/eat.png)
The popularity of property auctions in the UK has increased enormously in recent years, supported by popular TV shows such as...
17 June 2017
From: Features
![Another 19 estate agency branches link with growing auction house](/img/default/eat.png)
Network Auctions has added 19 additional estate agency offices to its network so far this year. They include three offices of Chaffers...
09 May 2017
From: Breaking News
![easyProperty seeking £5m to expand into auctions and overseas](/img/default/eat.png)
easyProperty is reported to be in talks to raise around £5m to expand its services. Reports over the weekend, including one on...
30 November 2015
From: Breaking News
![Online agent allows legally-binding contracts to be exchanged online](/img/default/eat.png)
easyProperty has become the first online estate agency in the UK to link with an online platform that permits the exchange...
26 November 2015
From: Breaking News
![First ever new-build online sales auction attracts 28,000](/img/default/eat.png)
Over 28,000 people visited websites connected with the first ever online-only auction for new build properties, according to the event’s organisers,...