Network Auctions partner agents’ £100,000 commission

first_imgNetwork Auctions’ London auction on 22nd February brought the total raised in partner agent commission fees to over £100,000 in the last month, “proving the business model of the partner agency model works,” says Toby Limbrick, Director.The auction at The Grosvenor House Hotel, Park Lane attracted lively and competitive bidding from in the room, online, proxy and via telephone.Popular lots included a two-bedroom Eco home in Milton Keynes which sold for £202,000 against a guide of £165,000, an extended four-bedroom house in Braintree which sold via proxy at £240,000 against a guide of £210,000 and a detached stone-built Mill House and potential development site in Oxfordshire which sold for £1.25 million.The sale exceeded market expectations and raised a total of £7.1 million and a success rate of 68 per cent.In the last month, Network-E, the online auction platform has successfully sold an additional five properties accruing commission of £35,000 for partner agents.Network Auction partner agency auction Toby Limbrick April 2, 2018The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Agencies & People » Network Auctions partner agents’ £100,000 commission previous nextAgencies & PeopleNetwork Auctions partner agents’ £100,000 commissionThe Negotiator2nd April 20180397 Viewslast_img

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