Low cost property auctions

Published by Property Wire
on Thursday, 27 January 2011

Property auctions could be set to become more popular in the UK with more estate agents likely to take up the model as a low cost and efficient selling method, it is claimed.

According to Network Auctions, the national auctioneering firm partnering with estate agencies, their rapid growth is evidence that the industry has woken up to the benefits of selling this way.

The Network Auctions model provides estate agencies with a low cost, low risk, own- branded auction department, utilising their existing staff without affecting their core business, said auctioneer Toby Limbrick.

He points out that the …

Tags: auction, estate agent, low cost, low risk, Network Auctions, property auction, uk

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