herald

Sunday 17 December 2017

Central property auction concept to boost sales

A NEW property auction concept is bringing several hundred properties from around the country for sale on one central platform.

Independent Property Auctions is hosting an inaugural auction on April 5 at the Red Cow Moran Hotel.

The main deviation from other existing models is the provision of a central platform through which local independent auctioneers can present their client's properties on a national stage.

LRC Promotions, the company behind the project, said that it recognised the important role that large national auctions will play in the short-to-medium term future of the Irish property market.

"The recent rise in popularity and success of national property auctions demonstrates their effectiveness in moving property through the current market," said William Bradley, MD of LRC Promotions.

"We believe that by introducing a few variations to the existing auction models we can greatly improve the experience for both buyers and sellers alike."

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