Pugh & Co launches innovative online 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 global Bidspotter operations, which has been used successfully within the Eddisons asset auctions team to transact over £40m of sales each year.
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.
Click here to view the online-only properties for sale.