Record-Breaking Year for Savills Auctions Leads to Appointment of Gary Murphy as Director

Savills Strengthens Auctions Business with Notable Hire Gary Murphy

(IN BRIEF) Gary Murphy, a renowned figure in the real estate industry, has joined Savills as Director of its expanding auctions business. Murphy brings with him extensive experience, having founded Allsop’s residential auctions team 37 years ago. Savills Auctions experienced a record-breaking year in 2022, raising over £455 million, a 30% increase from the previous year. The company’s live stream online format has contributed to its success, attracting wider audiences. Murphy’s appointment reflects Savills’ commitment to enhancing client service and market share. In addition to Murphy, Savills recently hired three other experienced professionals to strengthen its auctions team.

(PRESS RELEASE) LONDON, 30-Jun-2023 — /EuropaWire/ — Savills (LON: SVS), one of the world’s leading property advisors, has announced the appointment of Gary Murphy, a highly regarded figure in the industry, as Director of its rapidly growing auctions business. Murphy brings with him extensive experience, having founded Allsop’s residential auctions team 37 years ago. His appointment comes as Savills Auctions continues to achieve remarkable success, with a record-breaking £455 million raised in 2022, marking a 30% increase from the previous year.

Savills’ live stream online format has played a pivotal role in the company’s growth, with its seven auctions held this year raising a total of £260 million, a 25% increase compared to the same period in 2022. The platform allows for wider audience reach compared to traditional ballroom settings, further propelling the growth of Savills’ auctions business.

Robin Howeson, Head of Savills Auctions, expressed enthusiasm about Murphy’s appointment, highlighting his wealth of experience. Howeson stated, “Gary brings an unrivaled depth and breadth of experience, and we are thrilled that he has agreed to join us. Our live-stream web auctions platform is working extremely well for clients selling both residential and commercial assets. It means our sales access far wider audiences than can be reached through the traditional ballroom setting and has accelerated the growth of our auctions business.”

Gary Murphy, Director of Savills Auctions, shared his excitement about joining the team and contributing to their continued success. He remarked, “I am immensely excited to be joining the Savills auction team. They have demonstrated rapid growth thanks to their unique live stream auctioneering expertise, and I look forward to helping them achieve even greater success. After four years as a consultant, I feel that my time at Allsop has reached a natural conclusion, and I am now relishing this new challenge.”

Savills recently announced three other significant hires to its auctions team, further reinforcing its commitment to client service optimization and market share growth. The new team members include Sam Harborne, who joined as Director after 20 years at Strettons; Max Mason, who joined as Associate Director, focusing on commercial assets, following five years as Head of LSH Auctions; and Steven Cane, formerly from Strettons, who joined as an Associate focused on commercial properties.

About Savills:
Savills is a leading global real estate services provider, offering expertise in property sales, rentals, and auctions. With a commitment to delivering exceptional client service and achieving remarkable results, Savills continues to shape the industry. Savills Auctions remains committed to delivering exceptional auction services and meeting the evolving needs of its esteemed clientele.

Media contacts:

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

SOURCE: Savills