IAM Sold sees strong demand for auction properties

IAM Sold, which operates the Connacht, Munster, Leinster, and Northern Ireland Property Auctions in partnership with 300 established auctioneers, is currently listing for its upcoming online auctions. With a comprehensive schedule of 11 auction dates in each region during 2021, there are regular dates for sellers and buyers to choose from. The auction provider was the first to offer properties for sale via online auction in Ireland back in 2012. The company notes a lot of upgrades and improvements have been made since it initially built that platform nine years ago. These years of experience have allowed it to lead the field in terms of online bidding. With more than 4,000 successful sales in 2020, it remains the largest auction provider in Ireland and the UK.

In Connacht, the next auction dates are taking place on February 18 and March 25 with interest building online in the properties currently offered for sale. Shane May, sales manager for The Connacht Property Auction, commented: "Most of our clients are normal private sellers who are motivated to sell and like to fact we can offer a more secure sale process with proactive marketing across Ireland and further afield. The number of properties on the market is currently very low and we are seeing increased interest in each property we offer for sale. Nationally there are around 15,000 properties for sale, which is down a third on last year. Meanwhile we are getting record inquiry levels and we are seeing a 100 per cent increase in the number of people inquiring about each property. This has meant strong bidding on each property and we feel now is an excellent time to market properties for sale.”

The auction team are encouraging those thinking of buying or selling to contact them about their upcoming online auctions. With buyers spread across the province and further afield, the auction team are confident they can continue to get strong results.

No 28 Rian Luachra, Ballybane, Galway: Offered at bids over €230,000 in partnership with RE/MAX Property Experts Galway.

This ideally located three bed semidetached property is presented to the market in excellent condition throughout, having been well maintained by the current owner. The house is within walking distance of schools, supermarkets, shops, sports facilities, and Merlin Woods. The property also benefits from full planning permission for a second three bed semidetached property to side of the existing property.

Station Road, Newcastle West, Co Limerick: Offered at bids over €400,000 in partnership with River Property Group.

Superb opportunity to acquire lands located on Station Road, Newcastle West, Co Limerick, circa 7.01 acres, ideal residential site subject to planning permission. The site is currently covered by the Newcastle West Local Area Plan 2014-2024 and zoned Residential Development Area Phase 1. The surrounding area is characterised by both modern residential estates and a number of large detached houses.

Clooneen, Kilmeena, Westport, Co Mayo: Offered at bids over €69,000 in partnership with Olivia Needham Property.

This two bed cottage style detached property is in need of total refurbishment, internally and externally, but offers excellent potential for the right buyer.


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