Online Auction Index: Q1 2024
Read our Q1 Online Auction Index – our market-leading quarterly focus on the UK residential online auction market.
We’ve seen a record-breaking month of success with £107.7m worth of property sold by our iamsold Partner Agents in March alone.
This bumper month marks 35% growth in comparison to the same period in 2021, with our Partner Network also having over 1,000 contract completions in March, making for our busiest month to date!
The success comes with the growing number of Estate Agent branches choosing to work with us, and more sellers are choosing auction to benefit from a fast, secure and transparent method of sale.
Jamie Cooke, Managing Director of iamsold said: “It’s so encouraging to see auction continue to rise in popularity. We have seen a continued increase in consumer confidence and awareness, which is evident in the number of bids we have seen across the last 12 months and certainly this quarter, where we are hitting record figures each month. Auction is a win-win for buyers and sellers in the current market, from the continued rise in sales prices achieved at auction to the timescale for completion, we’re seeing auction really stand up in the market as an option for more and more people.
“Today’s buyers and sellers want more and being offered choice which matches their individual circumstances is just part of that.”
Check out the record-breaking March results!
If you are interested in adding auction as a new revenue stream for your business and want to find out more about iamproperty’s auction services, take a look at the iamsold section of our site.
Read our Q1 Online Auction Index – our market-leading quarterly focus on the UK residential online auction market.
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We spoke with Thomas Elliott, Branch Manager at Whitegates Huyton, to find out how working with iamproperty has helped to support his branch.
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