What an Auction!

News at John Francis | 13/05/2021


We had 13 lots in our May 2021 auction catalogue and 12 of the properties sold. The 92.5% success rate is well above the Wales national average and this is testimony to the training we give to our workforce who are well able to advise our sellers on the method of sale. Richard Emanuel who runs the Online auction for John Francis commented 'we never had any intention of holding Online auctions but due to Covid this was the only option open to us, they are proving to be popular with sellers and buyers, certainly we miss the atmosphere and intensity of the room auction but inevitably even though the bidding is open for some 24 hours so many lots go down to the wire as late bids come in so it is still very exciting'. The May auction saw just short of £1.9 million pounds worth of properties sold, the highest price paid of £305,000 for 4 flats near Tenby - the guide price was £250,000. Our next auction is on July 21st so if you are considering selling please give us a call on 01267221554 or ring your local office.