UK’s two largest commercial auction houses have strong final sales but raised less this year than last
Strettons’ sales increased year on year at its last auction of 2018 on 10 December.
Property consultancy and auctioneer Allsop has announced an annual turnover of £42.8m, down 3% from £44.2m last year, in its financial results to March 2018.
Auction house will offer 273 lots at its last residential sale of 2018, including 13 lots guided at £1m or above
Digital auction platform BidX1 has released the catalogue for its next online auction, which will be its first to feature both residential and commercial lots.
FTSE Russell has launched a series of new green real estate indexes in a move it hopes will push investors towards more sustainable real estate investment.
Auction house raises £27m at final national auction of year, £8m less than at equivalent sale last year
Auction House London has unveiled a large catalogue for its final national auction of the year, featuring 122 lots.
Against the backdrop of a tough market for auctioneers, Clive Emson tells Property Week why staff training, succession planning and high professional standards have benefited his auction house and the industry as a whole.
Participating in a public ballroom auction is a unique experience. It is the only place where you can exchange a contract to buy a property without signing a document – because if a bid is accepted by the auctioneer, a verbal contract is instantly formed.