Auctions are one of the most efficient and transparent of ways of selling, achieving on average 5-15% higher prices. Yet, many sectors and companies have not yet explored the full potential of this powerful sales format. We believe that everyone should be able to use auctions and should not worry about technology so they can focus on what they do best: sourcing and selling of precious objects. Our aim is to provide different sectors access to proprietary, end-to-end auction software and develop state-of-the-art, customized solutions based on individual needs.

We serve the art, luxury and real-estate markets, as well as charities, and provide our solutions via a simple Software-as-a-Service model. Our team and technology have a strong track record of driving innovation and achieving numerous world records, including:

- Inventing the Live Video Auction, enabling to run and broadcast live auctions from anywhere in the world to any device worldwide in true real-time.
- Achieving the highest online prices for luxury goods, such as selling a Chinese clock for 3.4 million Euro, 100% online via smartphone.
- AuctionTech was founded by core members of the former technology team of Auctionata, the world’s largest online auction house.

- 300 MILLION TOTAL TRANSACTION VALUE (EURO) 
- 110,000 NUMBER OF AUCTIONED ITEMS
- 26,700 NUMBER OF UNIQUE BIDDERS
- RECORD 3.4 MILLION HIGHEST ONLINE PRICE PER ITEM SOLD (EURO) 2014

PROPNOW as a brand of AuctionTech GmbH, is driving the digital bidding process in the real estate Branch to the next level with our disruptive technology. With more than 110.000 live auctions and holding many world records, we are scaling the next European leading prop tech company!

http://www.propnow.com

AuctionTech GmbH

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