AUCTIONS
THE MODERN METHOD OF AUCTION: IAM-SOLD
Iam-sold are an auction management provider offering bespoke outsourced white label auction services to estate agents across the UK. The company offers a full range of auction services ranging from ‘traditional’ to the what Iam-sold calls the ‘Modern Method of Auction’ and provides full training, IT and marketing support. Unlike other auction providers they work with you to develop the service to make sure agents get the most from it. The Modern Method of Auction is a
new system that is aimed at providing a viable alternative for the to sale by private treaty, and provides greater flexibility than traditional auction.
high street branches nationwide. They tailor an auction solution to suit the needs of their partner agents. Iam-sold director, Ben Ridgway says, “We are concentrating on providing agents with what they want, which is a faster, more secure alternative to sale by private treaty.” The team at iam-sold have developed a
JAMIE COOK DIRECTOR
We can tailor a package to suit an agent’s business needs to expand his services.’
It allows the buyer 28 days to exchange contracts and a further 28 days to complete the transaction while still maintaining the security of traditional auction through the payment of a five per cent non-refundable reservation fee or deposit by the buyer. As a result of this the Modern Method of Auction opens the auction market, once reserved for the professional investor or cash rich buyer up to normal residential buyers, creating a larger market place, more interest and higher prices than traditional auction. Iam-sold currently run five regional
Creating a larger marketplace at auction.
property auction events held periodically throughout the year, over 100 online auctions centres and work with over 350
complete package to enable partner agents to offer an effective auction system which makes it possible for all parties to track the process of any individual sale. It offers a range of benefits such as: no set up costs of franchise fees, full auction service and marketing assistance to develop the agent’s brand an range of services. Over the past 12 months partner agents
BEN RIDGWAY DIRECTOR
We provide agents with a faster secure alternative to sale by private treaty.’
of iam-sold have received £2,500,000 in auction fees and have sold over 1000 properties. Co-director at Iam-sold, Jamie Cooke says, “We can tailor a package that will suit an agent’s business needs to help expand the range of services, whilst retaining control of his or her development decisions and enhancing brand awareness.” Iam-sold claims to have over 150
“satisfied estate agents” from across the UK who are currently working with them. Jamie Cooke goes on, “It’s fair to say that the Modern Method of Auction is fast becoming the first choice for agents looking to provide a cost effective auction solution for their clients whilst expanding their business and maintaining a competitive advantage.” For more information on our
Over 100 online auction centres, five regional property auctions a year and 350 high street agents.’
60 MAY 2012 PROPERTYdrum
services and how you can become part of our expanding Auction Network
please call us on 0845 5193 126 or visit our website:
www.iam-sold.co.uk/agents.
Do you have any views to share?
www.propertydrum.com/articles/modernauction
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70