Do we need specialist auction knowledge?
No. Alto Auctions builds pricing guidance and suitability insight into the workflow, so any agent can run a sale. For agencies that would rather hand the sale off entirely, the fully managed pathway through Bamboo needs no auction expertise from your team.
How often do auction sales fall through?
Rarely. Across Bamboo’s network of 1,100+ branches, fall-throughs run under 1%, because the buyer is financially committed from the point of sale. [Final clause pending auction model]
What does it cost and what do we earn?
Alto Auctions is included in your Alto subscription. When a sale completes, your agency earns £2,500 from the buyer fee, plus your own vendor fee on top. No contract required.
How long does an auction sale take?
Most properties complete in 6 weeks. Exchange happens on the day of the auction, with a committed buyer in place from that point.
Is it right for all our stock?
No, and that is by design. Bamboo analyses your pipeline to identify strong auction candidates. Agents are prompted to consider auction for the right stock at the right time, not across the board.
Where does the sale sit inside Alto?
Every stage from identification to completion is tracked inside Alto. No separate platform, no fragmented records, no manual updates.
Who is Bamboo?
Bamboo Proptech is Alto’s online auction partner, providing the data, workflow, and back-office support that powers Alto Auctions. For fully managed sales, Bamboo’s service arm lists and manages the sale end to end.