All properties are being sold by private treaty. This means that any offer made can be withdrawn at any point without penalty. All offers are subject to contract, engineer’s report and finance. This differs from an auction where an accepted bid is legally binding and if withdrawn, entitles the vendor to retain the booking deposit.
Yes, nothing is binding until contracts are signed. Even if a deposit has been paid, this is fully refundable.
Not yet but we’re working on it. For now, we provide our service in Cork & Dublin as well as surrounding counties.
Property Seller FAQs
There really is none. We do everything a traditional estate agent does and a whole lot more besides. The cost of selling a property is made up of professional photography, 2D floor plans, Daft and MyHome listings, for sale sign, viewings and accepting offers. The cost of these things, when bought in bulk, amounts to hundreds not thousands of Euro. We don’t think our price is low; we just think our competitors prices are extremely high. We think Irish property vendors will follow countries like the UK in rejecting paying a percentage of the final selling price of their property to an estate agent in favour of paying a fair fixed fee.
The theory here is that local estate agents have scores of prospective buyers, who were unsuccessful under-bidders on similar properties in your area, “on their books”. These buyers are dying to buy properties just like yours and so you should sell your property through your local estate agent in order to access all these would-be buyers. This defies logic – if these people are that interested in buying a property in your area, they will be scouring Daft & MyHome & will be signed up for email alerts. You don’t need to pay high fees to reach interested buyers – you just need to be on Daft & MyHome! We list all our properties on these websites, with great photos of course. Incidentally, we sell far more properties than the vast majority of estate agents so we have a large and growing database of prospective buyers too! There really is no rational reason to pay high fees to sell your property!
Yes, even though the vast majority of interested buyers will find your property online, we still install a for sale sign.
There is no obligation on you to sell if you aren’t happy with the highest offer. We can request a higher price from the highest bidder or withdraw the property from the market.
Property Buyer FAQs
No, there is no cost to make an offer. If it is accepted, we will request a fully refundable booking deposit in order to go sale agreed. This deposit is fully refundable right up until contracts are signed.
The deadline for offers is the time and date after which no further offers will be entertained by the vendor. A deadline for offers is set as soon as a property receives an offer for its asking price. The purpose of setting a deadline for offers is to give those who have made offers on a property clarity in terms of when their offer will be accepted or rejected. Auctioneera will contact the person who has made the highest offer when the deadline expires in order to go sale agreed and collect a booking deposit. If someone submits an offer on our website within 2 minutes of the deadline, we will automatically extend the deadline by a further 2 minutes to give any interested party an opportunity to make a counter offer. Once 2 minutes has expired during which no counter offer has been made, we will close the property to further offers.
Your offer amount will be visible on our website but your name or any details about you will not be visible to anyone other than Auctioneera staff. We treat your offer with total confidentiality.
We are regulated by the PSRA and have an obligation to ensure that every offer on our website is genuine. In order to make an offer on one of our properties, you will need its property ID number – this is only available to those who have actually attended a viewing of the property. We hold a valid email and telephone number on file of all bidders on our website. No one can make an offer on our website unless they have physically attended a viewing of the property.
The vendor is hoping to achieve at least the asking price so offers below the asking are unlikely to be accepted. That being said, some vendors will allow offers of less than the asking price to be made.