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Property Auctions Site Goes Live

Dan Johnson

Welcome to our new property auctions site, part of TheMoveChannel.com network.

Over the coming months, this site will list the auction catalogues of a growing band of auctioneers, keen to list their lots online in a bid to attract a wider audience of property investors.

These are challenging times for the property industry, but sometimes it takes the pressure of tough market conditions to spark innovation and move established businesses forwards in new directions. That certainly seems to be the case with online auctions. In one form or another, they have been around for years, with numerous failed experiments revolving around the ebay-style timed auction. But thanks to improvements in software technology and greater bandwidth, it’s now possible to stream video and audio into a robust web-based environment from almost anywhere in the world with a broadband connection (provided of course that you have the right server architecture). This opens up a whole host of new opportunities, of which the webcasting of auctions is just one of them.

We’re delighted to be working with Thompson Carr Auctions and I’d like to thank Melanie Sims for her enthusiasm in working with us. I’d also like to thank Andrew Binstock, for his decision to bring Sutton Kersh Binstock on board.

Both these partners have taken a look at the future and realized that they don’t need to restrict themselves to their local market or existing client relationships and that reaching a global audience just might be beneficial to their business. I look forward to proving them right!