Blogs
Estate Agents don’t need more AI – They need AI that makes a difference
AI should make Estate Agency better, not replace what makes it human. Discover where it can make the biggest difference.
5 mins
2024: A record-breaking year for Auction
2024 has been nothing short of phenomenal for Auction, marking our best-selling year yet! On behalf of our Partner Agents, we sold 10,991 properties—an incredible 16% increase compared to 2023.
Last year’s achievements demonstrate the value Auction continues to deliver, helping agents across the UK win new instructions, increase revenue, and delight their clients with a speedier, more secure method of sale. Here’s a closer look at some of our 2024 Auction results and milestones:
- 10,991 properties sold (+16% vs. 2023)
- 208,063 property viewings (+18% vs. 2023)
- £1.99m highest Sale Price
- 68,151 bids placed (+32% vs. 2023)
- £1.93b worth of properties sold (+18% vs. 2023)
- £41.4m fees paid to Partner Agents (+25% vs. 2023)
- Over 1,000 properties sold in a single month for two consecutive months
- Paying out over £10m in fees to our Partner Agents for the first time in a single quarter
Looking ahead, Auction will continue to support agents and buyers as the Stamp Duty Land Tax changes take effect on 1st April. With buyers seeking faster completions to secure favourable tax rates, the demand for Auction is set to stay strong throughout 2025.
Thank you to our Partner Agents for being a part of this incredible success—here’s to an even greater year ahead!
Find out how Auction can benefit your agency
iamproperty Auctions help agents succeed in any market, with a service that gives your clients an alternative method of sale to match their circumstances.
- Fewer fall throughs with our 95% completion rate
- Faster, 7-day payments
- More choice and increased security for your clients
"*" indicates required fields
Related Insights & Resources
Auction Insights
How to create speed in a slow market when 200-day transactions are the norm
Discover why more buyers and sellers are turning to auction as Private Treaty sales exceed 200 days, and how auction delivers greater speed, certainty and transparency.
4 mins
Success stories
Why auction is becoming part of the everyday sales conversation for Yopa
See how Yopa is making Auction part of the everyday sales conversation, giving clients more choice and helping agents match the right method of sale to their needs.
5 mins