Bamboo Auctions, has been appointed by Michael Graham, the expert town and country property estate agents, to power its new online auction offering.

This marks the first time that Michael Graham have offered an auction service to its clients. Across its network of 15 offices, Michael Graham is now able to offer the auction method of sale to vendors, white-labelled through Bamboo’s online auction platform.

Bamboo Auctions provides estate agents with the technology to power their own online auction offering. With Bamboo, agents can list, control, and manage their own auction service. By using Bamboo’s technology platform, Michael Graham agents have been able to add auctions to their existing service, offering vendors another option when it comes to marketing and selling their property.

Through the platform, Michael Graham can list properties for sale by online auction at any time, giving sellers complete flexibility over the transaction timescales. Buyers can search, download the legal packs, and place bids from wherever they are.

The popularity of online property auctions continues to rise as sellers look for more speed, certainty and transparency when it comes to selling their property. Over the first half of the year, Bamboo saw a 31% increase in the number of properties being listed by its agent partners for sale by online auction, when compared to the same period last year.

Carly Freestone, Marketing and Operations Director, Michael Graham Estate Agents, said:

“We’re seeing an increased demand from clients looking to sell their properties with a quicker turnaround. Adding an auction service enables faster transactions, particularly for chain free clients. We’ve already had a lot of interest from clients and have a number of listings which are gaining some excellent traction on the Bamboo platform. We’re thrilled to be working in collaboration with Bamboo and excited about the future possibilities our partnership will give us.”

Robin Rathore, CEO, Bamboo Auctions, said:

“Selling properties through auction is fast becoming more popular as agents and their clients look for alternative ways to sell their property. Online auctions allow for a faster transaction time and enables everyone to move to a much more efficient timescale. Our agency partners not only get access to our online auction platform, they also get expert advice and hands-on support from our experienced team who are there to help guide them through the entire process, whilst keeping control of the transaction and vendor relationships. We’re really excited to be working with the team at Michael Graham; their reputation for a high-quality service and their dynamic approach to selling perfectly aligns with Bamboo and we can’t wait to build on our initial successes together.”