*AUCTION HOUSE goes into liquidation after trading without a client account OWING £377,000.*
Don’t be shocked by this genuine news article headline from October.
It is something that happens every now and again, and then again...
No auctioneer has to be qualified; no auction house has to be regulated, so it is no surprise that so many firms do not even bother to have client accounts.
Anyway, the positive news is that I have just renewed the Golding Young & Mawer status of being ‘Regulated by RICS’ for another year.
This ensures compliance for professional practice to RICS Red Book standards, a commitment to CPD for staff, complaints handling with free access to the ombudsman and of course, our dedicated Client Accounts audited under the rules of The Royal Institution of Chartered Surveyors.
So, why DO we bother, when we do not actually need to be CHARTERED Auctioneers & Valuers?
Well, because our discerning & duly diligent clients expect it, and of course you always get Mawer, at Golding Young!
