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SDL Auctions responds to demand by holding its first two-day auction

Following a bumper 12-hour auction in September, SDL Auctions is delighted to announce it will hold a two-day auction for the first time in October.

Responding to increasing demand for its live-streamed national property auctions, SDL Auctions will hold a sale of residential properties on Thursday 29th October, with commercial properties going under the hammer on Friday 30th October.

Managing director and auctioneer Andrew Parker is excited to take the company in this new direction.

He said: “After the last few bumper auctions, which have taken us well into the evening, the natural next step is to hold our October auction over two days. It makes sense to split our commercial and residential lots to provide clarity for buyers, with less waiting around for our internet bidders. 

“I am sure it will come as good news to our hardworking team, too, who work tirelessly on auction days, retaining their enthusiasm and professionalism no matter how long it takes to work our way through our growing catalogues.”

The September national property auction was SDL Auctions’ biggest yet, featuring 240 lots – 53% more than it offered in September 2019 – with properties selling for an average of 16% above their *guide prices and bringing the amount raised for sellers in September to an impressive £26 million.

These figures confirm once again why SDL Auctions is now the UK’s most successful live-streamed property auctioneer. As of the end of September, the company has raised more than £130 million for sellers and sold more than 1,000 lots since the start of the year.

Live-streaming from its head office auction studio with remote bidding, SDL Auctions creates a safe experience for all parties while continuing to provide a valuable service to property buyers and sellers.

Andrew added: “We’re incredibly proud of the way our auctions have grown this year. When the country went into lockdown in March, we were very quick to adapt our business. However, we could never have imagined how our live-streamed auctions model would grow to become the most successful in the UK.

“As a result of our growing status, we are being asked to help an increasing number of sellers from all over the country and already have more than 100 properties on our website for our first two-day auction.”

There is still time to enter your property into the national property auction on 29th and 30th October. To find out more about selling a property with SDL Auctions, call the team for a free auction valuation on 0800 046 5454 or click here to fill in the simple online form.