Demand Soars for Savills Auctions, Prompting Recruitment Drive and Record Property Sales

Demand Soars for Savills Auctions, Prompting Recruitment Drive and Record Property Sales

(IN BRIEF) Savills Auctions has announced the addition of three new recruits to its team to meet the growing demand for its auction services. The hires bring expertise across the commercial sector, and their appointments come after a record-breaking year for Savills Auctions in 2022, with £455 million raised in property. The company has experienced a 30% increase in property sales compared to the previous year. Additionally, the number of auctions per year has doubled in the last five years, leading to an expansion in staff numbers. The team is preparing for upcoming auctions, including one on June 21st, featuring residential, commercial, and development opportunities in London and throughout the UK.

(PRESS RELEASE) LONDON, 13-Jun-2023 — /EuropaWire/ — Savills (LON: SVS), one of the world’s leading property advisors, announces that  Savills Auctions, a leading auction services provider, appoints three new members to its team in response to increased client demand. These strategic hires bring extensive expertise across the commercial sector, spanning offices, hotels, restaurants, residential blocks, land, and commercial units.

Following a record-breaking year in 2022, where Savills Auctions raised over £455 million in property, marking a 30% increase from 2021, the department is experiencing unparalleled success. So far in 2023, the company has raised £226 million through its live-streamed auctions, representing a remarkable 57% year-on-year growth.

As the number of auctions per year has doubled over the past five years, Savills has significantly expanded its staff to meet the growing demand. The latest additions to the team include:

1. Sam Harborne – Sam joins Savills as a Director, bringing 20 years of experience from Strettons. With a proven track record in driving business growth, he possesses extensive expertise in residential and commercial assets.
2. Max Mason – Max joins Savills as an Associate Director, having previously served as the head of LSH Auctions for five years. In his role, Max will focus on commercial assets.
3. Steven Crane – Steven, another valuable addition, joins the team from Strettons as an Associate, specializing in commercial assets.

In addition to these new recruits, Savills Auctions proudly announces the promotion of Katharine Stansfeld to Associate Director. Katharine, who has been with the Savills Auctions team since 2018, plays a pivotal role in the operational management of the auctions department.

Of his appointment, Sam Harborne comments: “I’m excited to join Savills to work alongside such an experienced and well-respected team. The reputation of the department is second to none and I look forward to collaborating with the team to ensure the ongoing success of the sales”.

Of his appointment, Max Mason comments: “I am incredibly pleased to be joining what I consider to be the number one auction team in the country. There is no other auctioneer with a greater brand presence and the teams focus on innovation and growth is evident. I am looking forward to helping the team continue to flourish in the coming years.”

Head of Savills Auctions, Robin Howeson, comments: “We are extremely excited to welcome three new recruits to the team as we step into summer. Max, Sam and Steven are among the best in the business and bring energy, dynamism and a wealth of experience to the department.

We would also like to congratulate Katharine, who is soon to celebrate five years at Savills, on her promotion. Our auction department has gone from strength-to-strength since it was founded over 20 years ago and is now a market-leading property auctioneer. Following a record year in 2022 and with continued momentum into 2023 seeing growth in turnover and market share, we are delighted to add skilled operators to meet exceptional levels of demand and ensure we continue to provide our clients with a best-in-class service.

Our live-stream format for conducting our sales online is proving to be a winning formula with both bidders and clients alike and has increased engagement from all over the world, allowing the department to achieve better results than ever. Our second May sale raised over £30m and saw healthy levels of interest despite the ongoing inflationary backdrop and we look forward to building on this success in the second half of the year with our expanded team.”

These appointments follow the team’s expansion in 2022, which saw the addition of five new members, including George Goucher, surveyor; Emily Haywood, team assistant; Sam Steinberg, negotiator; Jay Jhumat, negotiator; and Sophie Gaffikin, team assistant.

With 14 auctions scheduled for 2023, the next one taking place on June 21st, the Savills Auctions team is already accepting instructions for the following auction on July 18th. The catalogues feature a wide range of residential, commercial, and development opportunities in London and across the UK.

Savills Auctions remains committed to delivering exceptional auction services and meeting the evolving needs of its esteemed clientele.

Media contact:

Robin Howeson
Head of Auctions, National Auctions
+44 (0) 20 7824 9053

SOURCE: Savills plc