An online property auction platform has launched called 247 Property Auctions, available for residential, commercial, industrial property and land lots.
The company was founded by popular property auctioneer and BBC’s ‘Homes Under the Hammer’ auctioneer Scott Gray (pictured).
The company is a RICS regulated firm of auctioneers.
It works in partnership with estate agents and commercial agents, enabling these businesses the opportunity to offer online auctions.
Gray said: “I am really excited to get this platform off the ground and see real opportunity within the UK property market. Online auctions are becoming an increasingly popular avenue for buying and selling land and property. By conducting the auction online, the whole process is seamless with total transparency throughout.
“At 247 Property Auctions, our easy to use online platform takes away many of the frustrations of traditional property sales and can dramatically speed up the whole process for both buyers and sellers. Users can easily access lots conveniently from anywhere with an internet connection and even from their mobile phone.
“The business landscape is changing with many sectors considering increased digitisation and the property market is no exception. By removing the need for travel to auction rooms, lots are made available to a much wider audience driving greater competition and a stronger market overall.”
This post has originally been featured in Property Wire.