What is an Auction Partnership?
At BTG Eddisons Property Auctions, we work in partnership with estate agents across the UK to help them provide their clients with a fast, reliable and transparent route to sale. By referring suitable properties or land to our auctions, you can offer your clients an alternative method of selling that is proven to achieve strong results within a set timescale.
Our team handles the entire auction process from start to finish, ensuring a seamless experience for both you and your client. In return, as a partner agent you’ll receive a competitive referral fee once the property is successfully sold, meaning you can offer more to your sellers, shorten timelines and reduce drop-through risks, without risking your commission.
Who can Partner with Auctioneers?
Commercial Agents and Estate Agents
Auctions provide an effective alternative for properties that may be struggling to sell on the open market, or where a client requires a quick, secure completion. By referring these opportunities to BTG Eddisons Property Auctions, you can continue to deliver value to your clients while also generating additional income through our competitive referral fees.
Asset Managers
If you are handling repossessions, vacant units, or surplus portfolio properties, auctions can help you achieve fair market value within a fixed timescale. Partnering with BTG Eddisons Property Auctions allows us to handle the sales process while you focus on your other asset management priorities.
Solicitors and Executors
Dealing with probate or property tied up in legal proceedings can be complex, and auctions offer a transparent method to release funds quickly and with minimal disputes. We believe this will make it easier to fulfil your client obligations.
What are the Benefits of Auction Partnerships?
- Minimised workload – We take care of property appraisals, marketing, enquiries, and viewings, leaving you free to focus on your core business while still earning additional income.
- Fast results – With fixed auction dates, sales move quickly. On average, properties we sell complete within just 30 days, with pre-auction marketing time and listing visibility before the auction starts taking an average of ---.
- Greater certainty – When the hammer falls, the sale is legally binding. Buyers who fail to complete face significant penalties, meaning far fewer deals fall through.
- Broader service offering – Promote auctions as part of your services, helping you stand out from competitors, attract new instructions, and grow your client base.
- Additional revenue – Each successful referral earns you a commission, with no upfront costs or hidden fees.
How do I Become an Auction Partner?
Contact us now to enquire about our auction partnerships. A member of our team can explain how our fee-sharing agreement works and the process you will follow to refer your clients’ properties to us.
After becoming an auction partner and referring a property or plot of land to us, we will ask you questions about your client’s expectations to help us choose an auction type that best matches their needs. We will then follow our usual process to complete a sale as soon as possible.
Why Should I Partner with BTG Eddisons Property Auctions?
We offer generous referral fees for every partner property auction- We are one of the UK’s leading online auctioneers
- Our team completes free appraisals on all properties being sold, following RICS guidance to ensure accuracy and compliance
- We have a proven track record of success and come highly rated by previous clients
- BTG Eddisons Property Auctions have been experts in the industry for over 180 years.
Start an Auction Partnership with us Today
Are you interested in starting a partnership with our auctioneers? Get started today by calling 0345 646 2288 or using the form on this page. We can answer your questions and explain how the process works in more detail.
Frequently Asked Questions about Auction Partnerships
How much Commission do Auction Partners get?
Our typical referral fee will earn you 1.5 to 2% of the final sale price, or a minimum of £2,500 (whichever is bigger). There are also no auction fees to worry about, maximising your revenue from each transaction.
Which Property Types can Auction Partners Sell?
You can sell residential properties like bungalows, flats/apartments and houses, commercial properties such as retail stores, restaurants and industrial units, or plots of land for agricultural purposes or development.
Can I Track the Progress of my Auction Partnership Sale?
Yes, as a partner, you will be given access to POW_R, our exclusive state-of-the-art auction platform that allows you to track the progress of your referral property from instruction to completion.
What Makes a Good Auction Partnership?
We believe a successful auction partnership is built on clear, open communication regarding your expectations and how the sale is proceeding, trust to ensure you feel fully comfortable with our processes, and shared success to guarantee all parties benefit from the service. These are the key principles we built our partnership service on, and what we hold ourselves to in every new agent we build a relationship with.
When Should I Consider Partnering with Auctioneers?
There are various situations when you might consider starting an auction partnership. Some examples we have dealt with over the years include:
- An estate agent’s client needed a quick sale to unblock a long chain.
- A property failed to sell on the open market, and a client now wants a fast resolution
- An executor was dealing with disputes over a property, and found that selling it to raise capital was the ideal solution
- An asset manager wanted to quickly dispose of a property within their client’s portfolio to raise funds for a new venture
