O’Donnellan & Joyce auctioneers of 5 Mary Street, Galway, has a positive outlook on 2020 with the auction team currently gearing up for their first nationwide property auction which takes place on Friday February 28.
While the auction is approximately 40 days away, the ground work has already commenced with agents carrying out property appraisals all over the country and compiling a catalogue that promises to offer variety and value in abundance, with residential and commercial properties ranging from detached family homes to apartments, office spaces, and land.
The popular Galway based auctioneer, currently regarded as Ireland’s largest independent auction house, is still welcoming new properties for addition to the February auction catalogue. Launching on Thursday January 30, the auction team anticipate an exciting start to the year with an estimated 50 properties to be placed on offer and going under the hammer in the Harbour Hotel, Galway on February 28.
Any individual or company who would like to offer a property for sale in the upcoming auction catalogue is reminded that the registration deadline is Wednesday January 22, but properties do benefit from an extended marketing campaign and an appraisal should be organised at the first instance where possible to increase the exposure of the property on the market.
O’Donnellan & Joyce auctioneers has seen growing success in its nationwide property auction series over the past 12 months and looks forward to hosting eight property auctions over the course of 2020. With the introduction of the new internet bidding service, which was rolled out in September 2019, the reach for the O’Donnellan & Joyce auction catalogues is now global with a number of purchasers in 2019 coming through the system located in Asia, Australia, and Central Europe.
Senior negotiator Mary Fahy said: “We look forward to an action packed year of property sales in 2020 as we launch our upcoming auction campaign and we welcome local, national, and international purchasers to our auctions, and we promise to offer property to suit every budget, taste, and size requirement as we aim to increase the scale and scope of our auctions.”
Selling a property by public auction has never been easier. The first step that you should take is to call or visit O’Donnellan & Joyce auctioneers, which has been located at 5 Mary Street, Galway, for the last 35 years. Once you have spoken to an agent, he/she will organise a time to visit your property and complete a free ‘thinking of selling’ valuation. The agent will discuss a marketing campaign tailored to your property, organise professional photographs and marketing materials, and advise you on any additional actions that you should take to ensure you achieve the best possible price for your property.
The vendors should ensure to contact a solicitor and have him/her prepare the contract for sale and title deeds for the property, and they should also ensure that the property is well presented on time for open viewings to commence. Due to the large volumes of purchasers who are currently in the market and favour the auction method of sale, O’Donnellan & Joyce will host two open viewings on each property each week as well as facilitating private viewings for those who are seriously interested.
Prior to auction day, senior auctioneer Colm O’Donnellan will schedule a meeting with you to discuss the performance of your property during its time on the market. Given the interest and subsequent contract requests and engineers reports conducted, Mr O’Donnellan will advise you of a suitable reserve price, which is the minimum price that you would be willing to accept for your property.
As always, a prospective purchaser will be able to buy a house at the market price within the auction room, and this price is as accurate a reflection of the value of the property as will ever be given. The auction process is transparent and efficient and bids are only taken from registered individuals in the room, on the phones, or online.
With an average success rate of 80 per cent over 2018 and 2019 for sales completed within the auction room, the O’Donnellan & Joyce auction process has proven itself, as more than 600 sales were completed in these years. With a growing team and a thirst for even greater volumes, O’Donnellan & Joyce has proven itself as a leading sales agent. Senior valuer and sales agent Shane McDonagh said: “We welcome all opportunities to value and appraise property and our auction process is proven to be straight forward, transparent, and efficient.”
If you are considering selling your property in 2020, contact O’Donnellan & Joyce on 091 564 212 for a free valuation. The next auction will take place on Friday February 28 and the team are now inviting entries ahead of the registration deadline on January 22.
View the collection of new homes and second hand private treaty sales offerings online at www.odonnjoyce.com