{"id":10042,"date":"2020-09-24T16:50:33","date_gmt":"2020-09-24T15:50:33","guid":{"rendered":"https:\/\/www.seedrs.com\/learn\/?p=10042"},"modified":"2021-05-19T13:54:41","modified_gmt":"2021-05-19T12:54:41","slug":"secondary-market-september-update","status":"publish","type":"post","link":"https:\/\/europe.republic.com\/insights\/our-news\/performance-updates\/secondary-market-september-update","title":{"rendered":"Secondary Market &#8211; September update"},"content":{"rendered":"\n<h4 class=\"wp-block-heading\">When investing, your capital is at risk.<\/h4>\n\n\n\n<p>A belated September Secondary Market update comes after an absent August update due to the amount of coverage we had announcing our variable pricing results which used August\u2019s numbers. If you didn\u2019t catch some of those, you can see them <a href=\"https:\/\/www.p2pfinancenews.co.uk\/2020\/08\/24\/seedrs-sees-record-activity-on-secondary-market-following-variable-pricing-changes\/\">here<\/a> and <a href=\"https:\/\/www.wealthadviser.co\/2020\/08\/24\/288857\/seedrs-secondary-markets-adds-dynamic-pricing\">here<\/a>.<\/p>\n\n\n\n<p>September\u2019s market came off the high of August, buoyed by the aforementioned variable pricing and settled at 1,164 sharelots sold worth \u00a3386k. We had 552 buyers and 429 sellers transact across 180 businesses at an average value per business of \u00a32.14k. Each seller made an average profit of \u00a3368 (or a 17% return) delivering real cash returns back into accounts.&nbsp;<\/p>\n\n\n\n<p>The sharelot sales volume by price tier were as follows:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/DIZ_7sMbPwBL70G9JYysbHSBytr2xWhVKsX0joHD2oqEOn4sRi0TUL3RvjrWLVd7mvq1XsMv84oYNV_N-6eBM1dag3-DOuUioDn1sHUQvQuEl_WHBdhetN3zAmTu2ZbyLBMSmGCd\" alt=\"\"\/><\/figure><\/div>\n\n\n\n<p>These sharelots can be broken out by sector as follows:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/ot9cbeOSqebIuQ9gn2lIhHvI-meQB08nbEXYDlZGFtLpSde6BntGlaicOdKeFQSJ-JVauMd0i8FPuMNCyQF1gzqmeeQEum1vjYovZ25_KAy-SHCnSDQwogDbnoUWum2crxhn2zgV\" alt=\"\"\/><\/figure><\/div>\n\n\n\n<p>Values by business as follows:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/vtxNWSahX8iPb831b_TmEyXuAaz5uip0iByQidyVtGvauGmemz31_RqD0FObjXrLk9swS4xt5akcUYCwWE3wjVxMQsKobG6l5Ef0VgnfixN5uNo4CWYjYFnFrTOnfn5pCZVj3pM5\" alt=\"\" width=\"387\" height=\"574\"\/><\/figure><\/div>\n\n\n\n<p>Both the number of businesses sold (blue bar chart) and the sold value per business (black line chart) has stepped back up after the introduction of variable pricing in August as you can see below:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/5Q1r7XcrepeO6LZUfPhEAhVH7pmcfIRITd5iNQerH1l5yEY-rl0ZsTOA-kJ3eKUSHmXnzPEHqEFuMgwQa8EmxZUCkWHbmCYuPIyENk9oLAg6v1rOwkhs8TathUqrL8XxsKPkMROF\" alt=\"\" width=\"355\" height=\"296\"\/><\/figure><\/div>\n\n\n\n<p>It is also interesting to note that there is more sales (by volume) at the premium end of the market than there is at a discount (blue bar is lots completed, green bar is business count):<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/rfj0gvxA2xV2RRKUI0_pv3A2U4uiPCNZKtOXauyofhMO9h3lTYVfx7Eu4z3nj7jJFshD3y6z7qVPUdK_X8NITUpKsfWEwNQSVkszaR2xSMjOwRqeKUbPRgUPCEcIH28V_3ka2oBf\" alt=\"\" width=\"561\" height=\"179\"\/><\/figure><\/div>\n\n\n\n<p>For October\u2019s market we already have \u00a35.5m submitted for sale by 2,000 sellers and most lots are have been listed at a premium:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/94XAJB51AoTYTbiaR9ivCJLFFdDsdiZXwrEnNJ2GEgbvvGZ9nmrip1J71U_1D8pwVOtMhzXIxxUhFJrmxnYahd_fltH3p8DnQRkKxGVE1lukCgDFTbr8DoVb2153dIWELt8fLatP\" alt=\"\"\/><\/figure><\/div>\n\n\n\n<p>Variable pricing is still in its infancy and we are monitoring the new dynamic closely before prioritising any new feature changes. Stay tuned!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When investing, your capital is at risk. A belated September Secondary Market update comes after an absent August update due to the amount of coverage we had announcing our variable pricing results which used August\u2019s numbers. If you didn\u2019t catch some of those, you can see them here and here. September\u2019s market came off the<\/p>\n","protected":false},"author":71,"featured_media":10046,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[306],"tags":[299,292],"class_list":{"0":"post-10042","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-performance-updates","8":"tag-performance-updates","9":"tag-secondary-market"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Secondary Market - September update - Republic Europe Insights<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/europe.republic.com\/insights\/our-news\/performance-updates\/secondary-market-september-update\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Secondary Market - September update - Republic Europe Insights\" \/>\n<meta property=\"og:description\" content=\"When investing, your capital is at risk. 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