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By: Series: RICS Business ; June 2003, 20-22(3)Publication details: 2003Subject(s): Summary: Examines the flourishing UK residential and commercial property auction market and predicts a positive outlook as long as private investors remain faithful to the property market. Comments on why property auctions only account for around 5% of all property transactions in the UK despite the fact that property auctions have been an unqualified success in recent years. Notes the importance of the new "RICS Common auction conditions: for auctions of real estate in England and Wales" as a step towards improving the public perception of property auctions. Sees the internet as offering new opportunities for property auctioneers. Tables cover number of property lots and percentage sold by property type 2001-02 and the top 10 auctioneers by value of lots sold 2002.
Holdings
Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS66754 (Browse shelf(Opens below)) 1 Available 122818-1001
Journal article Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 122818-2001

Examines the flourishing UK residential and commercial property auction market and predicts a positive outlook as long as private investors remain faithful to the property market. Comments on why property auctions only account for around 5% of all property transactions in the UK despite the fact that property auctions have been an unqualified success in recent years. Notes the importance of the new "RICS Common auction conditions: for auctions of real estate in England and Wales" as a step towards improving the public perception of property auctions. Sees the internet as offering new opportunities for property auctioneers. Tables cover number of property lots and percentage sold by property type 2001-02 and the top 10 auctioneers by value of lots sold 2002.