New Partnership Offers Agents Auction Option
Estate agents across Scotland are to be offered the chance to include the option of selling their properties through auction thanks to the establishment of a pioneering partnership.
Gilson Gray Property Services, the property arm of leading Law Firm Gilson Gray, have teamed up with Pattinson Auction, the UK’s fastest growing auction house, in a move aimed at bringing the benefits of auction to a wider audience.
The initiative is being hailed as being particularly appealing to agents in rural areas.
Gilson Gray will mount a drive to showcase the attractions of an auction through seminars, information packs and meetings across Scotland.
Matthew Gray, Managing Director of Gilson Gray, said being able to offer auction service offers a win to both agents and their clients.
He said: “Auctions should be seen as an increasingly attractive option for agents, especially for those with properties to sell outwith the main cities who will not generally have the volume of viewings or interested parties. The option to sell for free will appeal to many owners, particularly at a time of political uncertainty.
“Securing a sale through auction could be vital for an agent, especially if a property has been on the market for a considerable period of time.
“That not only leads to happy clients, but will bring an additional revenue stream to agents.”
With its strong presence in the London property market, Pattinson Auction believe the new partnership has potential to open up the sale of Scottish homes to buyers and investors across the rest of the UK – connecting Scottish estate agents to buyers that they would not otherwise reach.
Justin Beckwith, Auction Director at Newcastle-based Pattinson Auction, said the link with Gilson Gray is key for the firm as it continues its expansion in Scotland.
He said: “Working closely with Gilson Gray will ensure the benefits of auction can be brought to many more clients.
“Sellers and agents will gain national exposure thanks to our network of partner agents. As we have been officially named the fastest growing auction house in the UK, our influence will only continue to grow.”
“Pattinson Auction offer a fast, secure method of buying and selling property and the option to sell for free.
“With over 25 years experience of selling property at auction, our experts are the best people to guide both customers and agents through the process.”
With the peace of mind of a reserve price (the minimum price a property can be sold for) auction offers a secure method of sale for sellers who want to have a committed purchaser and a fixed time scale for exchange and completion. Fixed timelines for completion are established prior to the sale to offer extra transparency and peace of mind.
Pattinson Auction have been innovators in property auctions over the past 26 years, even pioneering the Conditional Method of auction. This has been widely adopted as the Modern Method of Auction by online auctioneers. With this success the auction house has grown rapidly and now employs around 200 members of staff nationwide.
Gilson Gray picked up two awards at the 2017 Law Awards of Scotland adding to a host of other accolades, including six awards at the ACQ5 legal awards – the third year in a row that Gilson Gray has seen success – including Law Firm of the Year, Insolvency Lawyer of the Year, all for the second time in three years.
The Firm also won Corporate Firm of the year 2018, following previous recognition as Litigation Firm of the Year.
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