In sharp contrast to the slowdowns reported in traditional ballroom auctions, Singer Vielle has reported a 100% success rate at the Artificial Intelligence-operated Auctions the agency has conducted during December.
Recognised as a technology-focused commercial agency, through singerviellesales.com the agency is increasing its challenge on the traditional auction model by its use of modern marketing combined with use of the clicktopurchase® online execution system.
Whilst 100s of millions worth of property sales have now been closed by online clicktopurchase® private treaty, the agency is also now actively increasing its offering for online auctioning.
“The online execution and auctioning provided by clicktopurchase® enables every agency to modernise and improve their offering to both seller and buyer. We just happen to be leading the charge.” Neil Singer, Senior Partner of Singer Vielle. “The ability to call the most technically-advanced online real-time auction at any time during the sales cycle provides speed, certainty and transparency for all parties involved. ‘”gAbi”’, the ‘AI’ Auctioneer, and the Blockchain feature delivers the ultimate in trust.”
clicktopurchase® remains unique in being the only online platform enabling the conclusion of a property sale by a legal exchange, be it by private treaty, ‘best offers’ or auction. The platform provides full audit trails with legal digital signatures which are recorded, along with the contract, in Blockchain. This provides the ultimate in trust and accountability.
The three properties in questions were an industrial property in Calne, Wiltshire (guided £400,000), a vacant retail/residential property in Enfield (guided £660,000) and a retail/residential property in Goodmayes (guided £400,000). Two of the properties achieved 20% over the guide price. Auctions were selected as the most appropriate way to close the sales shortly into marketing.
