HOW TO BUY/BID
User Registration Process
- You do need to be registered on site to view properties up for auction, you only need to register when you wish to bid on a property.
- To bid on a property, go to https://propertyauctionsireland.ie/my-account/ and under Register fill in details and press submit
- You will then receive an email from us with details on deposit and personal details required from you to activate your account
- Once your account has been activated you can then bid on the property
- Best of luck with your bidding!
WHY SELL WITH US
Selling with PAI is different than selling your property with any Estate Agent. Property auctions are becoming more and more popular between individuals, investors, banks and receivers. It can be a quick-fire and adrenaline-fuelled route to buying a property, the excitement of bidding can turn the most sensible person into a complete fruit cake for a few seconds. And a few seconds is all you need to have binding contracts.
The main advantages for selling with PAI are speed and transparency. But let us have a closer look:
- If you’re in a hurry to sell a property, perhaps to release some equity for another investment, PAI can save time for you! If your property sells, the buyer has to make a 10% deposit immediately then has one month to deposit the remaining 90% in your bank account.
- If the property creates a big interest the initial reserve price can far exceed your expectations – a bidding competition can push up the price greatly.
- If your reserve price isn’t met, we at PAI will simply withdraw it from the auction and you can re-list it at a later date, if you so wish.
- If you don’t sell because your reserve price is too high, there is always the potential to negotiate with any interested parties after the auction has finished.
- Once the hammer has been dropped, the property is sold, so buyers can’t back out at the last minute. If they do change their mind, there are legal procedures in place to protect you.
- We at PAI will assist you with every step of the selling property – setting value on your property, professional advertising and marketing strategies.
