May Auction Newsletter
Richard Webb – National Sales Manager
Next week we will be attending the Propertymark Regional conference in Belfast. The timing of this event is ideal, as it coincides with the launch of Pattinson Auction into Northern Ireland. Having partnered with a local law firm, we are now perfectly placed to provide estate agents in the area with our award-winning auction service, which in turn can be shared freely with their clients. Having spoken with a number of local estate agents, we are confident that the appetite for a ‘No fee, Auction/Secure Sale Service' will be large, and we are excited to see where this organic growth takes us.
Even if you are located in the UK, and you have clients with property in Northern Ireland, or anywhere else beyond your usual geographic reach, do put them in touch with us, and discover how your agency can generate a sales fee through our auction facility.
Toby Howd – Operations Manager
Throughout 2024, Pattinson Auction has sustained its impressive momentum, witnessing a consistent influx of higher value properties entering our auctions as auction continues to grow in popularity. Demand from buyers remains robust, reflecting the trust and confidence sellers place in our transparent and efficient auction process. Moreover, we are excited to continue the expansion of our partner agent network, as more agents the benefits of collaborating with Pattinson Auction.
Continuing our commitment to industry engagement, we continue to proudly support PropertyMark roadshows, fostering knowledge sharing and professional development within the Estate Agency community. Looking ahead, we eagerly anticipate our participation in the EA Masters "Dare to Win" Roadshows in June, where we aim to connect with industry leaders and exchange insights on achieving excellence in estate agency.
As we navigate the dynamic landscape of property auctions, here at Pattinson Auction we remain dedicated to delivering unparalleled service and value to our clients and partners alike.
Jamie Hyett - BDM South Wales & Welsh Borders
This year so far has been nothing short of incredible for auction instructions and sales, and I can attest that the auction method in Wales and the surrounding areas is going from strength to strength. Not least due to the arduous work of our amazing partner agents, but also because of more estate agents looking to expand their service offerings to their clients with a modern alternative and full-proof route to market.
Another factor to the success of the auction method of sale, is the increase of the ‘non typical’ auction properties coming to the market. A perfect example of this, is a stunning 4 bedroom family home in Cheltenham, where £590,000 was achieved along with an immediate exchange, resulting in an extremely happy vendor and agent.
When estate agents offer the auction method of sale to their clients, they are not only achieving higher fees for themselves, but are gaining a better result for their client. As we know, many agents are reducing their fees heavily in order to win instructions, so being able to offer 0% estate agency fees is a huge benefit without taking the financial loss.
Diolch yn fawr / Thank you very much to all our partner agents for their hard work so far this year. If you are thinking of starting to offer auction or change auction provider and would like to find out more, please don’t hesitate to get in touch.
Pob lwc / Good luck for the rest of the month and quarter!
