Auction House announce record sales for Q1

Property auctioneer, Auction House, has announced record results for the first quarter of the year, offering 1,385 lots and selling 1,058, with a current success rate of 76% and raising a total of £145,559,260 - up 2% on the same period in 2022.

Related topics:  Auctions,  Property,  Sales
Property | Reporter
12th April 2023
Auction 822
"We continue to do what we’ve always done – successfully sell more than three-quarters of the properties we put under the hammer"

Managing Director Jeremy Prior said: “Other auctioneers around the country would give their right arm to see results like this. But while they are withdrawing some lots and struggling to sell others, we continue to do what we’ve always done – successfully sell more than three-quarters of the properties we put under the hammer."

In other news, the group has also welcomed its third female auctioneer to the team, Olivia Boulting, who will be based in the Southwest of England and will be hosting her first auction this month.

With more than a dozen years in the property industry, Olivia joined Auction House Southwest in March 2021 as Area Manager. She has a strong background in valuing and selling property throughout the region and was drawn to the unique sales process that auctions provide.

Oliva says: “I’ve always had a passion for property and thrive on providing the best possible solution for my clients when a guaranteed sale is required - something for which auction works extremely well. As auctioneering is a predominantly male role, we need to continue to shift the stereotypes and get more female faces out there.”

Olivia joins Sally Smith and Sara Herbert who work in Coventry and Warwickshire.

Sally said: “I love the energy and passion of an auction. The first time I picked up the hammer, I felt totally exhilarated. It was so exciting, and I got the bug. I knew it was something I wanted to do again.

“It is a tremendously rewarding career and I would love to see more women coming into the field. Hopefully, one day in the near future, women auctioneers will be commonplace and even recognised for bringing a feminine approach to the business.”

Jeremey adds: “We firmly believe in identifying and encouraging talent in our teams, regardless of gender. That’s why we are so proud to have three women wielding the gavel, who are amongst the best in the country, and now set an example that the rest of the industry should follow.

“Auctioneering has always been a male-dominated industry. Even today, there are very few female auctioneers in the country. There’s absolutely no reason why this should still be the case and we are determined to continue bringing new talent from within our teams, to front our property sales throughout the UK.”

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