Happy Christmas and Prosperous New Year

Posted on 17th December 2018 by shaunaforde

As the year is nearing its end, we would like to wish all our clients a Happy Christmas and prosperous New Year as we review our year of auctions in 2018. The auction team are celebrating an impressive run of 15 successful public auction events across Leinster, Munster & Connacht. In addition to the public auction, the companies online auction platform has gone from strength to strength in 2018 with hundreds of sales taking place on the online auction platform.

The properties offered at the auctions range from family homes, investment properties, commercial buildings, development sites along with several successful sales of agricultural holdings. IAM Sold Property Auctions are now the biggest auction house in Ireland and the UK selling over 3000 properties in 2018. Company directors Patrick Folan and Patrick Convey were delighted to announce a 92% sold rate on properties successfully sold in Ireland alone this year.

Mr. Folan noted “our auctions are aimed at the normal property market and not distressed sales , with this in mind we are very proud to reach the 92% success which was the highest sold ratio in Ireland during 2018. We are also the only auction company in Ireland who do not have any entry or marketing fees to enter a property into auction, so the pressure is on us to ensure we get results for our clients.”

The company work with over 200 partner auctioneers across Ireland and Mr. Convey commented “the success of our auctions is down to the large marketing campaigns we undertake in Ireland and abroad while also working in close partnership with our local partner auctioneers. This combination of regional / national auction house in partnership with the local auctioneer offers both access to the local buying pool and the broader reach the auction ensures.”

We are continuing to take entries for our online auctions which are ongoing and we have further public auction events planned for 2019. With over 90% success rate in 2018 and 2017, our auction team will be aiming for similar results in 2019.

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