Pugh & Co launches innovative online property auction platform


Written by: Paul Thompson on 25th January 2019

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Pugh & Co launches innovative online property auction platform

Leading property auctioneer, Pugh & Co, has launched an online-only auction service to complement its market leading room auctions.

The innovative online-only service sits alongside the firm’s market-leading room auctions and offers an additional level of flexibility for clients by providing a range of disposal methods and sales opportunities.

Powering the online-only service is a customised technology that utilises the proven bidding platform behind Auction Technology Group’s Bidspotter operations, which is used to transact over £2bn in sales annually.

Paul Thompson, Managing Director at Pugh & Co, said: "Our highly acclaimed auction room sales remain vital to us and attract a broad spectrum of selling clients and investors. Alongside the continued growth of our room auctions we are delighted to now also offer the online-only auctions as an additional and complementary facility.

“This platform offers vendors a unique, additional route to market, with all the advantages of the room auction but with additional flexibility for clients whose timelines don’t suit the room auction and need a bespoke solution."

Pugh & Co sells an extensive range of property from across the UK at its room auctions, which take place throughout the year at prestigious venues the AJ Bell Stadium and Elland Road football stadium in Manchester and Leeds respectively.

Through the online-only service, clients outside of core regions can benefit from the national expertise and one of the highest sales percentages offered, to cement interested parties while retaining the full transparency of a room auction.

Watch our guide to getting started with online auctions below.

 



Written by: Paul Thompson on 25th January 2019

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About the Author

Paul is a Chartered Surveyor and member of the National Association of Valuers and Auctioneers (NAVA). He is also one of the few auctioneers in the country with a position on the RICS Real Estate Auction Committee.

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Pugh & Company Ltd, 4 The Parks, Newton le Willows, WA12 0JQ

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Saturday: Closed

Sunday: Closed