The Connacht Property Auction are now taking entries for their next public auction which will be held on June 25 in the Menlo Park Hotel, Galway.
The auction groups have held two extremely successful auctions in February and April with an average 90% success rate. Of the 23 properties which sold in the April auction, all five counties in Connacht were represented along with further properties in Clare.
This included one Leitrim property which were successfully sold with Gordon Hughes Auctioneers, Ballinamore, eight Mayo properties, six properties in Galway, five properties in Roscommon, one property in Sligo and two Clare properties.
With properties spread across Connacht and further a field, the auction team noted there was significant interest in the lead up to the auction.
Another significant development was the increased interest from Irish people based in the UK looking to buy in Ireland.
Patrick Folan from The Connacht Property Auction noted, “With the strength of the sterling at present, we have seen a noticeable uplift in enquiries from the UK. We advertise heavily in both Ireland and the UK and we are finding more and more UK based buyers are looking to purchase with us.”
The Connacht Property Auction are now inviting property owners who are looking to sell their property without any upfront costs to contact the auction team. Before any property comes to the market, the auction team will agree a minimum reserve figure - giving the property owner total control over their minimum walkaway figure. Bidding can also continue past the reserve price until the highest bidder has secured the property.
Mr. Folan went on to say, “Through working with our partner agents and the extensive marketing campaign we undertake locally, nationally and internationally, we are agreeing successful sales for the vast majority of properties on offer. Our auctions this year are proving we are continuing to find buyers for the vast majority of our sales.”
The Connacht Property Auction are currently working with over 40 established auctioneers in Connacht and Clare which provides for both a strong local effort along with the wider reach of the auction company.
The company are currently working with a host of auctioneers including Gordon Hughes Auctioneers Ballinamore and Gallagher Auctioneers Carrick-on-Shannon amongst others.
Contact The Connacht Property Auction on (091) 882121 to arrange for a free property valuation or for more information visit www.connachtpropertyauction.ie.
The next public auction will be held on June 25 at the Menlo Park Hotel, Galway with registration starting at 6.30pm.