Bond Wolfe Auctions: From office junior to boss
The newly-appointed chief operating officer (COO) of Bond Wolfe Auctions first started in the business as an office junior in 1992.
Sue Randell has been promoted from operations and marketing director to COO at the fast expanding national auction business.
She began her career within the Bond Wolfe group of companies at the age of 16 and worked her way up the residential and commercial agency team before moving into the auctions department in 1999.
She said: “I have worked with the current team at Bond Wolfe Auctions since 2007, when the auction department merged with Bigwood which was acquired in 2006.
“Together, we have built what is arguably the UK’s most successful auction business. When we launched Bond Wolfe Auctions in January 2019, it was with a record breaking and award winning team with over 300 years of combined property experience.
“I am very honoured that the board of Bond Wolfe Auctions has placed its trust in me, and I look forward to helping the business grow in 2021 and beyond.”
She added that Bond Wolfe Auctions would grow to a minimum of seven auctions in 2021, with the addition of regular commercial auctions to start in the Spring.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “This was one of the easiest decisions to make and the shortest board discussion in history.
“Sue is part of the DNA of Bond Wolfe Auctions and she understands every single facet of how we work and who we are, and she shares our aspirations.”
Bond Wolfe Auctions’ October sale was the most successful in its history with total sales of over £21.2 million and a 92% success rate. The company sold 185 lots from the 201 offered on Wednesday 28 October, which represented an impressive success rate of 92%. Its previous record was set at its auction in February this year, which achieved total sales of just over £20.25 million.
Bond Wolfe Auctions’ livestreamed auctions have been a remarkable success, with 603,152 website page views, 103,626 video tours watched and over 32,666 people tuning in to watch the 28 October auction live.
With the results of Bond Wolfe Auctions’ December sale on Wednesday 9 December the company finished its second year 36% up, offering 1,135 lots, raising £111.3 million in sales (2019 - £81.4 million) with an average success rate of 94%.