Written by Caroline Culot.
The latest independent figures from the Essential Information Group indicate that, during the first nine months of 2012, Auction House sold 1,414 properties at auction, with 1,308 being residential lots. This puts them ahead of the big London firms and other corporate operators.
Chartered surveyor and auction manager Robert Hurst (below) said: “This is a phenomenal achievement for Auction House. We had no idea that we would reach pole position so quickly. Our success is proof that our philosophy of selling properties on a regional basis is flourishing, and is a credit to the hard work of our 27 auction teams around the country.
“The number of lots entered into Auction House sales has increased by over 15pc (15.2pc) year on year, and our success rate is strong at nearly 78pc (77.8pc).”
The brand has seen some important additions to its network in the past nine months. Adding to the success of its London sale room launched last year, branches have now been opened in Manchester, Bristol, Cardiff, and Hertfordshire.
Auction House has also managed to attract some well-established property auctioneers to its ranks. Romans – one of the country’s leading regional auctioneers – will now be boosting performance in Berkshire, North Hampshire, South Buckinghamshire and South Oxfordshire.
Mr Hurst added, “Demand in the regions has remained strong, and we haven’t seen the decline that some other national auctioneers seem to be experiencing. We’re also finding that more commercial lots are being entered through our regional auctions, with encouraging results.”
For more information contact Auction House on 01603 505100