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1,733 lots have been sold through Auction House from January to June this year, an increase of 10% compared to the same period last year. Our auction department, Auction House Robinson & Hall has sold 79% of lots it has offered so far this year.
Commenting on the figures, Charles Lovell, Head of Auction House Robinson & Hall, said: “Not only have we sold more lots than at any other time of Auction House’s 12 year history, but we’ve done so when the latest indications are that nationally the sector is down by around 10%. To be able to buck this trend in such challenging circumstances, and by such a large amount, is a remarkable achievement.
The results suggest that the Auction House model, which is to sell local properties to local buyers through regional auction rooms, is providing precisely the format the public are looking for. Whilst online auctions will continue to supplement our lot numbers, the best choice for most sellers will be a salesroom. For buyers too, the auction room is generally preferred because it has all the energy and excitement that sitting in front of a computer screen simply cannot replicate.
Auction House Robinson & Hall’s next auctions are on 7th and 8th August at Luton and Milton Keynes, with 16 lots offered which includes apartments, bungalows, a maisonette, a range of houses, a mixed-use building, land, a former public convenience and a hotel.
Charles comments “We are now taking lots for our October auctions – deadline is 13th September so don’t delay.”
If you would like to find out the benefits of selling your property at auction and book a no obligation auction appraisal, please contact Charles.
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