Commercial Property News

Our magazines are published bi-monthly with in-depth features and news for the commercial property industry. On this page we have the latest news to keep you constantly updated on the market. On the left hand side of the page you can search our archived news which is stored monthly.



Wednesday, September 14, 2023

RICS publishes new auction guide

Auctions are becoming an increasingly popular way to buy and sell property, with the top 20 commercial and residential auctioneers seeing a 16 per cent increase in property sold at auction in 2004, at a total value of £3.38bn.

More people are turning to auctions to buy and sell property because of the simplicity and speed of the process, with deals agreed on the day. Auctions have become more open and transparent, and often an ideal place to find competitively priced properties.

To accommodate the growing popularity of property auctions The Royal Institution of Chartered Surveyors (RICS) have published 'Going once, going twice, sold to...' - a new guide to help owner occupiers, developers or investors.

It provides inside information on the auction process from both buyers' and sellers' points of view, from checking guide prices to proxy or internet bidding. 'Going once, going twice, sold to...' is available free at: RICS Property Auctions.