Auction specialists Allsop Space have insisted that more and more house hunters are looking to auctions to secure their first home.
“Our firm has turned a significant corner, witnessing a remarkable increase in the number of private and non-distressed vendors coming to the market,” said Rob Hoban, director of auctions at Allsop Space, which sold €48m in properties at a one-day auction in Dublin last Wednesday.
“When we started Allsop, we were in the depths of recession where nothing was selling, so a lot of the properties were distressed.
“That has all changed, now, and more people are seeing this as a good alternative way to sell.”
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