Bond Wolfe Auctions’ experienced team wins Sandwell Council contract
Bond Wolfe Auctions has been appointed as the official auctioneer for Sandwell Metropolitan Borough Council after a public tender process.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “Our team is the most experienced and successful auction team in the Midlands and has deep roots in Sandwell and the wider Midlands community.
“We have been acting on behalf of Sandwell Metropolitan Borough Council for 16 years, and our team has been responsible for submitting and winning every contract to act for them over this time.”
“We will be selling their surplus property assets – anything from vacant residential properties, old office blocks, schools, development sites with or without planning permission, and even grass verges.”
Bond Wolfe Auctions will also be instructed to sell properties via Sandwell’s empty homes scheme, if properties have been sitting empty for a prolonged period.
The business has taken off since its launch in January 2019 and in 2020 sold 1,029 lots from the 1,049 offered, a success rate of 94%, and raised over £111.3 million in sales. So far in 2021 Bond Wolfe Auctions has already raised over £78 million.
Bond Wolfe Auctions is also the appointed auctioneer for Birmingham City Council, City of Wolverhampton Council, Walsall Council and West Midlands Police.
In its latest auction held on Wednesday 19 May, Bond Wolfe Auctions set a new company record for the most lots offered in a day, selling 201 lots from the 220 offered, representing a success rate of 92% and raising over £23.5 million in sales.
The build up to the auction reflected the increasing regional, national and global demand for property with 797,107 website page views, 162,792 video tours and 68,228 legal packs downloaded.
Bond Wolfe Auctions next auction is on Wednesday 21 July and property owners interested in selling can arrange a free auction appraisal by calling 0121 312 1212 or visiting https://www.bondwolfeauctions.com/free-property-appraisal/.