Auction group to put variety of properties under hammer


The Connacht Property Auction will hold their first public auction of the year on February 20 in the Menlo Park Hotel, Galway.
During 2019, the auction group – which includes The Connacht Property Auction, The Leinster Property Auction and The Munster Property Auction – averaged a success rate of 90% sales. This was also the highest success rate in Ireland for 2018 and the auction team are confident that success will continue into 2020.
Director Patrick Folan said: “The success of our auctions is down to the strong partnership of over 250 auctioneers across Ireland along with our extensive marketing both in Ireland and the UK. This helps to broaden the market for each property and ensure we achieve interest and bidding on the majority of the properties we offer for sale.”
The Connacht Property Auction are now inviting property owners who are looking to sell their property without any upfront costs to contact the auction team. 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.
For more, read this week’s Connacht Tribune.
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