What is the value proposition?

Bamboo Auctions provides online auction technology to estate agents and auctioneers, which enables them to operate, control and offer online auctions as a service to their buyers and sellers.

Bamboo Auctions have partnered with RICS to create the RICS Marketplace.

RICS Members can sell properties by online auction in the RICS Marketplace, with a legally binding commitment from committed buyers. There is no cost to list properties and members will receive an additional £1200+VAT for each property sold online.

Specific product information

In order to list a property, RICS Members can either:

a) list directly into the RICS Marketplace by contacting Bamboo; or
b) sign up for a white label of Bamboo’s technology and list properties onto their own website (properties will be displayed on the RICS Marketplace automatically).

RICS Members who wish to sign up with Bamboo will be able to sell properties online, from within their own website, with a legally binding contract.

Using Bamboo, Agents retain their vendor relationships, control their sales progressions and increase their own cross-selling opportunities. Our online auction technology provides: Built-In ID Checks, Payment Processing, Automatic document generation and Buyer Tracking. By listing with Bamboo and the RICS Marketplace, you can: Increase Income, Speed up Transactions and Decrease Fall Throughs.

 

Partner background information

We’re here to help our agents sell more properties. That’s our purpose.

We do this by making sure that our core values run through everything we do at Bamboo. Reliability, Passion and Enthusiasm.

Bamboo was founded in 2015 and since then we have been developing and growing our online auction platform in conjunction with our estate agent customers. Everything we do at Bamboo is designed to help agents sell more properties - whether that is the high level of customer service or the way we build and improve our product.

The RICS Marketplace is designed to give members a unique opportunity to sell properties alongside other RICS Members, whilst retaining the expertise and control over your own listings.

We actively encourage feedback from our customers - it’s how we can ensure that we are continuously improving.

 

Why sign up?

RICS Members receive a number of benefits from listing with Bamboo:

List directly into the RICS Marketplace, with no costs and no contracts
Receive full support on each listing from Bamboo
Earn an additional minimum £1200 on the sale of every property (in addition to any vendor fee you might charge)