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2015 saw the launch of the Allsop Online Auction – a unique online platform that provides a secure, fully transparent bidding process concluding in a legally binding sale. Buyers who might not be familiar with bidding in an auction room will feel very comfortable in the online buying space where they can bid on property from the comfort of their own home or office – anywhere in the world. 

In a ground breaking first, the entire property transaction process is performed digitally, 'from Catalogue to Contract'. Each bidder provides a 'bidder security' of €4,500 on a credit card in order to bid and contracts are signed and emailed to the buyers on the same day. EY have been retained to provide independent security testing and process reviews.

The range of properties that has so far been sold using the online platform – from income-producing commercial assets to three bedroom family homes – is proof that moving the property transaction process online is a welcome innovation. 

2016 to date has seen over 2,500 bidders place more than 10,000 bids - resulting in the sale of 430 properties. More than €70m has been spent with 70% of buyers local to the property that was purchased. You can read about previous Online Auction sales in our News Section here.

22 Ballintyre Walk, Ballinteer, Dublin 16. Sold for €451,000 - November Online Auction. 

17 Eyre Square, Galway - Sold for €810,000 - September Online Auction. 

   

1-11 Kilronan Apartments, Dublin Road, Dundalk, Co. Louth. Sold for €920,000 - November Online Auction. 

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