AUCTIONROOM. The professional online property platform

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1 AUCTIONROOM The professional online property platform

2 AUCTIONROOM REA is Ireland s leading property group of Chartered Surveyors with 55 branches throughout the country, comprising over 250 staff working on behalf of clients. All of our principal agents are members of The Society of Chartered Surveyors Ireland (SCSI) and The Royal Institute of Chartered Surveyors (RICS). REA offers an excellent property sales, valuations and property management service to its clients. This wide range of professional services to our clients now also includes, the REA online auction platform, REAauctionroom.ie. We can now provide the complete sales solution allowing you to choose either Private Treaty or Online Auction or an amalgamation of both. Why sell online? Auctions are an efficient and transparent way to sell property. By selling online, you combine all the benefits of the traditional auction room with the speed and transparency of going online via REA auctionroom.ie. The Contract for Sale is made available online so that purchasers and their solicitor can inspect same and any legal queries can be dealt with prior to the online auction. Therefore the efficiency of the sales process moves faster, with all legal queries dealt with prior to the online auction giving buyers greater confidence in the bidding process and more importantly, greatly assisting in bringing the sale to a successful conclusion.

3 AUCTIONROOM Key benefits Fully managed and supported website Online bidding platform allows for greater transparency and efficiency. Fully functional website available /7 across all platforms to include desktop, phone and tablet. Options to include both Auction and or Private Treaty/Auction Sales. Integrates with the agreed advertising and promotion strategy. The auction period can be as long or as short as is desired, ensuring full market exposure to an agreed timeline. With a competitive AMV set at the beginning of the marketing campaign, the property is well positioned to achieve the best price possible. Viewings are attended by appointment or by way of a set number of open viewings with licenced and qualified professionals with local market knowledge. Surveys and any legal queries are concluded prior to the online auction. The Process A bidder verification process is carried out to include proof of identity, which may also include a request for proof of funds before an account is activated and authorised in order to bid on the day of the online auction. The Sales contract and other legal documents are uploaded by the vendor s solicitor to reaauctionroom.ie so as interested parties and their solicitors can inspect same. The REA agent uploads all the relevant property details to reaauctionroom.ie to include the AMV, reserve, bid increments, deposit srequirements and bidding duration. Bidders lodge 10% deposit equal to the quoted AMV to the REA agent s client account prior to the commencement of the online auction. Balance of 10 % deposit of the purchase price to be lodged to the REA agent s client account by the successful bidder on conclusion of the online auction. Bidders have pre-authorised the REA agent to sign the sales contract on their behalf. Deposits of unsuccessful bidders are returned by the REA agent after the conclusion of the online auction. Signed sales contract and purchaser s details are sent to the vendor s solicitors. Vendor s solicitor issues closing documents to the purchaser s solicitor and the sale closes within 28 days.

4 Our National Network AUCTIONROOM REA McELHINNEY (MILFORD) REA McELHINNEY (BUNDORAN) REA NORTHS (TRALEE) REA COYNE & CULLOTY (KILLARNEY) REA McCARRICK & SONS (TUBBERCURRY) REA McGREAL BURKE (CASTLEBAR) REA McCARRICK & SONS (SLIGO) REA BRADY (CARRICK-ON-SHANNON) REA SEAMUS CARTHY (ROSCOMMON) REA McGREAL BURKE (GALWAY) REA PADDY BROWNE (ENNIS) REA O CONNOR MURPHY (LIMERICK) REA O KEEFFE (CHARLEVILLE) REA HYNES (ATHLONE) REA EOIN DILLON (NENAGH) REA JOHN LEE (NEWPORT) REA PETER DONOHOE (CARRIGALLEN) REA HEFFERNAN (TULLAMORE) REA STOKES & QUIRKE (CLONMEL) REA SPRATT (DUNGARVAN) REA BROPHY FARRELL (NAAS) REA BROPHY FARRELL (NEWBRIDGE) REA GRACE (CALLAN) REA PETER DONOHOE (BALLYCONNELL) REA O BRIEN COLLINS (DROGHEDA) REA T&J GAVIGAN (KELLS) REA T&J GAVIGAN (NAVAN) REA T E POTTERTON (TRIM) REA SEAMUS BROWNE (ROSCREA) REA COONAN (MAYNOOTH) REA COONAN (CELBRIDGE) REA GRIMES (ASHBOURNE) REA MURPHY (BLESSINGTON) REA MURPHY (BALTINGLASS) REA DAWSON (TULLOW) REA SOTHERN (CARLOW) REA BOYD S (KILKENNY) REA O SHEA O TOOLE (WATERFORD) REA McCORMACK CORISH (WEXFORD) REA GUNNE PROPERTY (CARRICKMACROSS) REA GUNNE PROPERTY (DUNDALK) REA FORKIN (BRAY) REA CUMISKY (BALBRIGGAN) REA GRIMES (SKERRIES) REA McDONALD (LUCAN) REA FITZGERALD CHAMBERS (CITY CENTRE) REA GRIMES (CITY CENTRE) REA ORCHARD (RATHFARNHAM) REA FORKIN (WICKLOW) REA McGEE (TALLAGHT) REA CUMISKY (SWORDS) REA ED DEMPSEY (CLONSKEAGH) REA CELTIC PROPERTIES (BANTRY) REA O DONOGHUE & CLARKE (CORK)

5 REA Offices. Nationwide. AUCTIONROOM REA Boyd s 29 Patrick Street Kilkenny Co Kilkenny (0) REA Brady Castlequay House Carrick-on-Shannon Co Leitrim (0) REA Brophy Farrell Newbridge (0) REA Brophy Farrell 2 Railway Terrace Naas (0) REA Celtic Properties Bantry Co Cork (0) REA Coonan Property House Maynooth (0) REA Coonan Property House Celbridge (0) REA Coyne & Culloty 2 Killarney Co Kerry (0) REA Cumisky 21 Drogheda Street The Square Balbriggan (0) REA Cumisky 17 North Street Swords (0) REA Dawson Barrack Street Tullow Co Carlow (0) REA Ed Dempsey 111 Forster Avenue Corner of Roebuck Road Clonskeagh Dublin (0) REA Eoin Dillon 42 Kenyon Street Nenagh Co Tipperary (0) REA Fitzgerald Chambers 9 Manor Street Dublin (0) REA Forkin Wicklow (0) REA Forkin 31 Bray, (0) REA Grace Green Street Callan Co Kilkenny (0) REA Grimes 34 Pembroke Street Lwr Dublin (0) REA Grimes 21 Strand Street Skerries (0) REA Grimes Ashbourne (0) REA Gunne Property 18 Clanbrassil Street Dundalk Co Louth (0) REA Gunne Property Carrickmacross Co Monaghan (0) REA Heffernan High Street Tullamore Co Offaly (0) REA Hynes Church Street Athlone Co Westmeath (0) REA John Lee Newport Co. Tipperary (0) REA McCarrick & Sons Teeling Street Sligo Co Sligo (0) REA McCarrick & Sons Tubbercurry Co Sligo (0) REA McCormack Corish Crescent Mall Henretta Street Wexford Co Wexford (0) REA McDonald 2 The Mall Lucan (0) REA McElhinney Milford Co Donegal (0) REA McElhinney Bundoran Co Donegal (0) REA McGreal Burke 6 Glenrock Business Park Ballybane Galway Co. Galway )0) REA McGreal Burke Ellison Street Castlebar Co. Mayo (0) REA McGee Courthouse Square Westpark Tallaght Dublin (0) REA Murphy Property Centre Blessington (0) REA Murphy Mill Street Baltinglass (0) REA North*s 33 Denny Street Tralee Co Kerry (0) REA O Brien Collins 47 John Street Drogheda Co Louth (0) REA O Connor Murphy 46 O Connell Street Limerick Co Limerick (0) REA O Donoghue & Clarke 16 Cook Street Cork Co Cork (0) REA O Keeffe Charleville Co Cork (0) REA Orchard 51 Village Court Rathfarnham (0) REA Paddy Browne Harbour House Wood Quay Ennis Co Clare (0) REA Peter Donohoe Carrigallen Co Leitrim (0) REA Peter Donohoe The Conall Building Ballyconnell Co Cavan (0) REA O Shea O Toole 11 Gladstone Street Waterford City Co Waterford (0) REA Seamus Browne Roscrea Co Tipperary (0) REA Seamus Carthy Goff Street Roscommon Co Roscommon (0) REA Sothern 37 Dublin Street Carlow Co Carlow (0) REA Spratt 9 O Connell Street Dungarvan Co Waterford (0) REA Stokes & Quirke 9 Sarsfield Street Clonmel Co Tipperary (0) REA T & J Gavigan Newmarket Street Kells (0) REA T & J Gavigan Railway Street Navan (0) REA T.E Potterton The Property Exchange Trim (0)

6 AUCTIONROOM Tel: info@reaauctionroom.ie

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