A new national auction platform has been launched. It aims to offer vendors a swift sales solution in the midst of the current coronavirus emergency.
Youbid.ie will hold monthly live-streamed online property auctions, beginning on 21 May, featuring up to 30 residential and commercial properties.
Online auctions present a good opportunity for farmland purchases as they "offer clarity in the auction process and privacy in bidding,” says CEO of YouBid Michael O’Connor.
Farmland
He says he sees demand in the current market to bring vendors and buyers together online. However, he notes that farmland vendors may be slower to choose online auctions as a route to market.
“The property industry is having to adapt quickly and Youbid provides a national marketplace to meet the needs of buyers and sellers – giving properties access to a much wider audience."
O’Connor has five years of experience in the online auction space. His O’Connor Murphy Munster and Connacht auctions were originally set up to cater for receivers, banks and funds, but are now being expanded nationally to meet the needs of private owners.
“We are auctioneers, and chartered surveyors, meeting the new needs of the market in a unique way,” he said.
For more information see Youbid.ie.
Read more
Online auctions: how do they work?
Online bidding a big hit in marts
A new national auction platform has been launched. It aims to offer vendors a swift sales solution in the midst of the current coronavirus emergency.
Youbid.ie will hold monthly live-streamed online property auctions, beginning on 21 May, featuring up to 30 residential and commercial properties.
Online auctions present a good opportunity for farmland purchases as they "offer clarity in the auction process and privacy in bidding,” says CEO of YouBid Michael O’Connor.
Farmland
He says he sees demand in the current market to bring vendors and buyers together online. However, he notes that farmland vendors may be slower to choose online auctions as a route to market.
“The property industry is having to adapt quickly and Youbid provides a national marketplace to meet the needs of buyers and sellers – giving properties access to a much wider audience."
O’Connor has five years of experience in the online auction space. His O’Connor Murphy Munster and Connacht auctions were originally set up to cater for receivers, banks and funds, but are now being expanded nationally to meet the needs of private owners.
“We are auctioneers, and chartered surveyors, meeting the new needs of the market in a unique way,” he said.
For more information see Youbid.ie.
Read more
Online auctions: how do they work?
Online bidding a big hit in marts
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