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Robinson & Hall LLP

Auction House is returning to the room

Posted: 14/10/21 by Robinson & Hall LLP

Auction House is returning to the room

We are delighted to announce that Auction House Robinson & Hall is bringing sales back into the auction room from today (14th October 2021).

Charles Lovell, Head of Auction House Robinson & Hall, says that we are thrilled to be bringing our auctions back to the room. After over a year of live streamed auctions, which have been incredibly successful and seen our sold percentages reach a record level of late 90%, we are looking forward to in-person bidding and the atmosphere that in-room auctions brings.

He explains: “As live stream sales have been so successful, you can still bid by proxy or phone and watch the auction live if in room doesn’t work for you, but we are giving local buyers the opportunity to bid in-room too.”

The pandemic has seen the auction market remain strong and an increase in the younger buyer. Auction House analysis indicates that there has been a 10% increase in 18–24 year olds buying at auction and a 5% increase in the 25-34 age category during the pandemic, whilst the engagement by those aged over 65 has stayed exactly the same.

Charles added: “We need to take care not to disrupt this new demographic won over the course of the Covid crisis so our next in-room auction on 14th October will test the water.”

During August, a traditionally quiet month, we sold 15 properties from 16 offered – a success rate of 94%! Year to date sales are impressive with Auction House recording 2,173 properties sold from 2,625 offered – an impressive success rate of 82.8%.

Our next auction is held on Thursday 14th October from 2.30pm at Venue 360, 20 Gipsy Lane, Luton LU1 3JH. If you are considering selling your land or property by auction then please call 01234 362899 to book a free, no obligation auction appraisal.

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