The Connacht Property Auction are now taking entries for their next public auction which will be held on September 18 in the new auction venue of The Menlo Park Hotel, Galway.
After four hugely successful auctions this year where 88% of all lots offered were sold, the auction team have experienced a surge of interest from both property owners and buyers alike.
With such strong interest at the previous auctions, the auction team are again expecting significant interest and competitive bidding on the majority of properties offered.
There is increasing demand for properties across Connacht and in particular Galway and the auction team are inviting homeowners to contact them to discuss the process.
The Connacht Property Auction are the only auction provider in Ireland who do not charge admission or marketing fees to enter the auction, making it very appealing to property owners to sell by this method. Furthermore the company also offer an online auction system where bids can be made prior to the public auction and all bids are made visible on their website www.connachtpropertyauction.ie. Vendors can then chose to accept on online auction bid or go forward to the public auction event in the Menlo Park Hotel.
The Connacht Property Auction are inviting property owners who are looking to sell their property without any upfront costs to contact the auction team today. 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, “Since the turn of the year, we have sold dozens of properties through the online auction system with in excess of 20 bids received. Also at the latest public auction on June 12 17 out of the 20 lots offered were successfully sold with many of these well exceeding the agreed reserve price. This shows confidence is coming back into the market and buyers are willing to put their best foot forward”.
Contact The Connacht Property Auction on (091) 882121 to arrange for a free property valuation or for more information visit www.connachtpropertyauction.ie