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O’Donnellan & Joyce conducted the most remarkably property auction ever held in the west of Ireland when the company placed 29 properties under the auction hammer and sold 27; the remaining two are under an advanced stage of negotiations.

O’Donnellan & Joyce conducted a remarkable auction last Friday when the company placed 29 properties under the auction hammer and sold 2, with the remaining two are under an advanced stage of negotiations.

O’Donnellan & Joyce conducted a remarkable auction last Friday when the company placed 29 properties under the auction hammer and sold 2, with the remaining two are under an advanced stage of negotiations.

Last Friday saw DNG Maxwell Heaslip & Leonard bring nine lots to the floor in the first of its summer auctions. In a packed auction room in the Imperial Hotel in Eyre Square, there was standing room only for many who attended to watch the afternoon’s proceedings. As is usual with the city centre based agents, there was an eclectic mix of properties, with something to suit all buyers from across the spectrum. While, unusually, only one of the nine lots offered to the room sold under the hammer, a further four lots sold directly after the auction, with three more of the lots still under negotiation but expected to sell by the end of the week.

O’Donnellan & Joyce will hold its first property auction of the year on Friday March 15 in the new venue of the Harbour Hotel on the docks, commencing at 3pm.

O’Donnellan & Joyce completed the year with another successful property auction last Friday. The company has sold a record number of houses by public auction with more than 100 houses being sold by auction during the year.

There is some welcome news for small businesses in Mayo which have been refused credit by the banks. Under a new Government scheme, operated by Microfinance Ireland, the owners of ‘micro-enterprises’ and new start-ups can now apply through the Mayo County Enterprise Board for loans of up to €25,000.

Colleran auctioneers continued its auction success last week when not alone did all properties sell, but they all sold well in excess of their advised minimum value. “These results certainly reflect what we have been seeing over the last number of months for properties in and around the city,” said Don Colleran. “There continues to be a demand for properties in the established residential areas of the town once properly priced, and this was certainly the case with our auction, with five to six bidders chasing each property, resulting in all exceeding their guide, one by almost 50 per cent.”

The rain and cold wintery conditions of last Friday afternoon did nothing to discourage the assembled crowd in the Imperial Hotel, in the last of the 2012 series of auctions for leading property firm Property Partners Maxwell Heaslip & Leonard.

O’Donnellan & Joyce once again proved the phenomenal interest that there is in properties which are well priced being sold at auction when the company placed 12 properties under the hammer last Friday in the auction room. Ten of these were sold at or well above their guide price.