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Innovative technology increases certainty of sale
View, bid, buy and digitally sign contracts
Collaborative platform for solicitors, agents, buyers and sellers
Check out our listing of trusted agents and solicitors who are already using the Offr.
Host an auction directly on your website
A fully digitised and automated sale process
The digital solution for agents, landlords and tenants.
Innovative service for forward thinking agents
Buyers can place offers or bid in auctions
Broadcast to bidders during an auction
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Provide early access to contracts
Showcase videos through the button
Flexible viewings by appointment
Contact agents quickly and securely
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Whether you are buying a property for the first time, upgrading to a larger property or investing in a buy-to-let, an auction can be a great option to acquire a house, apartment or office. The opportunities and benefits associated with an online auction are significant, however, the finer legal detail can be complex. Remember, the most important element of buying online is completing research to make sure you understand your option before committing to an auction. Here is a list of solicitors using the Offr platform that can complete the conveyancing of the property.
Auctions offer property buyers an excellent opportunity to purchase a property at a low price. The process is generally an easy, speedy, secure and stress-free way to buy a residential or commercial property. Auctions usually attract unique properties, that takes a particular eye to notice the potential. If no one else sees the potential in the property, you could land an absolute bargain. Properties that sell at auction can be up to 30% cheaper than those that sell by private treaty/ normal sale. At an online auction, bidders are vetted before the event and all the bids are shown in real-time with a bid extension of 1-2 minutes. These elements are in place to ensure transparency and to allow a bidder to swiftly react to a counter bid. If you are the successful bidder at the end of the auction you bought the property, it is as simple as that. Auction avoid delays and fall through that can happen between parties due to a breakdown in communication during the negotiation stage as the sale price will be determined during bidding.
There is no time restriction on an online auction. The auction end date is selected by the agent before the auction commences but potential bidders can place a bid throughout the day and night 24/7. A countdown clock will display the hours, minutes and seconds until the auction comes to a close. This means the agent and buyer can sell or buy their property in any time zone.
A bidder will pay a registration deposit at the start of the auction, however, if you are not successful the deposit will be released to you. Other costs include;
Yes, a chartered surveyor can undertake surveys of the property once the estate agent permits it before the auction. A building survey will help you determine the property condition. Make sure you know exactly what you're buying by reviewing the legal documents or viewing the property.
The auction period can be as long or as short as is desired, ensuring full market exposure to an agreed timeline.
With online auctions there are no location barriers, you can be anywhere at any time to participate in an auction. If you would like to stay up to date on up and coming auctions that are happening in Ireland, subscribe to our mailing list. An alternative method to find a property that is going to auction in the newspaper, as well as local estate agents. Here are some of the progressive agents using Offr to carry out auctions online in a flexible, secure and seamless way:
Before each auction, a list of the properties 'up for sale' will be displayed on the estate agents website. It is custom for the agent to have the property published and legal documentation added to the Offr legal vault two to four weeks before the auction commences. We recommend you study the legal documentation the seller's solicitor has provided, all documentation will be available and downloadable from the Offr panel. If it's an option, you should book an appointment to the view the property and take the time to survey the property, enlist the help of builder or architect if possible. For instructions to download legal documentation, click here.