In the news… The Negotiator: There’s a shed-load of interest in actions

If you’re sat there wondering exactly how the process works on auction day, Robin’s interview with The Negotiator shares how one lot, Appledore Barn, went from one bid at £36,000 to selling for £90,500 – 126% over the guide price.

It’s no secret that the market has seen ever-increasing transaction times. This does nothing but frustrate sellers and buyers who are desperate to move, and agents who want the transaction to go through so they can take their fee. Auctions, and in particular online auctions, provide an answer to this issue.

Appledore Barn is one of over 5,000 transactions sold through Bamboo’s platform and we’re seeing more and more reputable and forward-thinking agents using auctions as an alternative route to sale and embracing our technology to manage the transaction.

As seen in: The Negotiator