Over €100M In Online Bids

February 20, 2019

Irish property technology (PropTech) startup Beagel has today announced that over €100m of bids have been placed through its online bidding technology beagelbid.ie.

According to CEO Healy Hynes, the response by the sector has been nothing short of “phenomenal”. “Beagel brings transparency and efficiency to what is arguably the most stressful experience someone can go through.” Mr. Hynes continued. “What beagelbid does is enable fast, efficient, transparent 24/7 worldwide sales transactions; making life easier for buyers, sellers and agents alike.”

“Bidders can make offers when they want, without having to wait to get in contact with the agent. Underbidders get immediate notification of every offer and owners know exactly what’s happening with the property 24 hours a day, 7 days a week.” “For agents it means a more efficient business.” said Mr. Hynes “One that’s working even when they’re away from the desk. They’re doing more with less.”

Healy Hynes is a property industry veteran who saw the problems being experienced by estate agents on a day to day basis and set out to fix them. He stepped back from the family run agency in 2017 to concentrate fully on the technology business. “It’s been an interesting journey over the last few years and its great to see the Irish property sector at the cutting edge of what is a really a global sea change” said Mr. Hynes. “It’s important to note that Beagel are not estate agents,”

Mr. Hynes emphasises. “We simply provide the platform for agents to do business online. As an agent you can enable online bidding of your full catalogue of properties in a matter of minutes.”

Supported by Enterprise Ireland, Beagel soft launched the technology in August 2018 and is now rolling out Beagelbid.ie nationwide.

According to Mr. Hynes, Beagel will be launching in the UK later this year. “The property industry has changed worldwide” said Mr. Hynes “and we’re delighted to be part of that adventure.”

Agents looking to find out how to take their bidding online can go to beagel.io/hello to arrange a consultation.

EAN Breaking News

Breaking News from the team at Estate Agent Networking. Have a new story to share with us? Then please get in contact today! When and where we can we will refer to third party websites with a 'live link back' where news was released first.

You May Also Enjoy

Breaking News

Brexit housing market winners and losers

England can’t keep pace with the other home nations And the south of England falls well behind the north   The latest research from Yopa has revealed a stark regional divide in house price growth since the Brexit referendum (June 23rd 2016), with Northern Ireland, Wales, Scotland and northern England recording some of the strongest…
Read More →
Breaking News

The Rental Market is Rebalancing

But 78% of Tenants Still Can’t Find What They’re Looking For Nine in ten landlords believe the balance of power in the rental market has shifted in favour of tenants over the last two years – yet a quarter of tenants still feel landlords hold the upper hand, according to new research from LRG. The…
Read More →
Letting Agent Talk

Dispelling the top five biggest letting agent myths

Sophie Danes, Group Director of Property Management, Lomond   This year has seen the introduction of the seismic Renters’ Rights Act (RRA) as well as other changes affecting the private rented sector (PRS) coming into force, such as the rollout of Making Tax Digital (MTD). As a result, more than ever before, there is a lot of information and speculation surrounding the sector making…
Read More →
Breaking News

A fifth of Gen Z would move 25 miles or more for affordable housing

Price is the top priority listed by Gen Z for finding a home (24 per cent), with location the aspect most compromised for affordability (21 per cent) Barclays Mortgage data shows the average deposit fell -16.4 per cent year-on-year in May, however it remains the top barrier to homeownership reported by renters Nine in 10…
Read More →
AI in estate agency letting agency property
Breaking News

Can AI-powered search platform push out Rightmove for renters?

Boss of global architecture firm takes on Rightmove with AI-powered search platform where renters describe where they want to live An AI-powered start-up launched by the former boss of a major architecture business wants to disrupt the duopoly of Rightmove and Zoopla by enabling renters to find homes by using normal everyday language – as…
Read More →
Breaking News

Midlands sees largest property management fees increase

The latest research from Rushbrook & Rathbone has found that property management fees in the Midlands have increased by an estimated 53.9% over the past decade, the fastest rate of growth across England’s regions, highlighting a widening divide in costs between the North, Midlands, and South. The research analysed average rental values across England’s regions…
Read More →