Online auction specialist joins senior Propertymark committee

An online auction company executive has been appointed to the National Association of Valuers and Auctioneers committee for Propertymark.

Stuart Collar-Brown, co-founder and director of online property specialists, My Auction, is a qualified auctioneer with 18 years’ experience in the residential property market and has raised over £5m for his clients in the last 12 months. 

He was awarded the NAVA Novice Auctioneer of the Year in 2014 and was Runner-Up for the NFoPP Technical Award in Real Property Auctioneering in 2015.

In his role he will work with fellow committee members to help maintain the highest professional standards in the industry as more buyers and sellers recognise the benefits that auctions can offer, opening the market up to a much wider audience.

Collar-Brown says: “We’re seeing more buyers and sellers looking at auctions as a viable route to sale than ever before. With this increased momentum building it is imperative that we work together as an industry to ensure that we are well placed to lead on the opportunities for our sector that this presents, and I am delighted to be joining the committee at this important time.”

And Nathan Emerson, chief executive of Propertymark, adds: “Stuart’s extensive experience as an auctioneer and deep knowledge of the residential property market will be invaluable in supporting and overseeing our strategy and growth ambitions to ensure that the industry continues to grow while upholding the highest professional standards.”

Recent data shows that the property auction market is growing exponentially with EIG Property Auctions reporting a 15 per cent increase in the amount raised from property auctions compared to this time last year. 

The data also shows variations regionally with the South West and North East recording significant increases with a 51 and 47 per cent  rise respectively in total money raised in October this year compared with 2020 – while London saw a 10 per cent reduction.