Experience London’s leading joint agency property auctions and explore the benefits of joint agency property services with Palace Auctions—where collaboration, transparency, and professional expertise deliver exceptional results and maximise your investment returns.
Our collaborative approach combines the expertise of established estate agents with leading London auction platforms, providing unmatched market exposure for both residential and commercial real estate. Now is the ideal time to partner with us and maximize your returns.
We redefine collaboration in London’s auction market:
| Metric | 2023 | 2024 | Change |
| Lots Sold | 25,375 | 28,063 | +10.6% |
| Total Funds Raised (£bn) | 4.83 | 5.50 | +13.9% |
| Average Sale Price (£) | 573,000* | 583,143 | +1.8% |
| Auction Success Rate (%) | 74.0 | 74.3 | +0.3 pp |
| *Estimated London average in 2023 |
Broader Market Reach
Enhanced Service Levels
Risk Sharing & Incentive Alignment
Estate Agents & Property Sourcers
Legal Services Excellence
Financial & Asset Management
Property Management & After-Sale
Commission Breakdown by Segment
| Segment | Avg. Price (£) | Commission Rate | Agent Share (£) |
| Low-Mid Range | 350,000 | 2.0% | 3,500 |
| Mid-High Range | 750,000 | 2.0% | 7,500 |
| Luxury | 1,500,000 | 1.8% | 13,500 |
| Super-Prime | 4,000,000 | 1.5% | 30,000 |
Annual Earnings Scenarios
| Transactions/Year | Earnings (£) | % vs Traditional |
| 5 | 42,125 | +87% |
| 12 | 126,375 | +134% |
| 25 | 210,625 | +134% |
Even 5 mid-market deals yield £42,125—nearly double typical solo agency earnings.
Residential Auction Partnership
A niche period home needing refurbishment was marketed by a local agent and our auction team. Dual marketing drove bidding to 12% above guide. Sale in 4 weeks vs. 2–3 months typical. 50/50 commission split.
Central London Luxury Apartment
A £5 million flat languished for months under a sole agent. Our joint partnership introduced international HNWIs, selling at asking within one month—equal commissions and positive client feedback.
Mixed-Use Development Site
A complex site was co-marketed by a commercial specialist and our auction unit. Joint viewings and unified bid handling achieved 8% above valuation in 6 weeks—split commissions rewarded specialist input equally.
Q: How do I split marketing duties?
A: We draft a joint plan—each agent handles specified channels, from print to digital.
Q: What if the auction lot passes in?
A: You may relist in the next sale or agree private treaty terms with shared commission.
Q: How do fees get paid?
A: Upon exchange of contracts, client funds clear and our back-office disburses your 50% share via bank transfer.
Q: Can I withdraw from an agreement?
A: Partnerships typically run 12 weeks; early termination terms are in the contract.
Ready to maximise auction network.
Joint Agents & Professional Property Services London | Palace Auctions
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