Over €100M In Online Bids

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

Love or Hate Rightmove
Breaking News

Rightmove asks government to consider retaining first-time buyer stamp duty threshold

New analysis shows only 37% of homes for sale will be eligible for first-time buyer stamp duty relief in England come next April, down from 58% of homes that are currently eligible Currently, a first-time buyer pays no stamp duty on properties up to £425,000, but this is due to drop back to £300,000 from…
Read More
Estate Agent Talk

5 Steps to Becoming the Best Estate Agent in Your Town

Are you passionate about your estate agency and want to become the most noted estate agency in your local area? Finding a family their dream home can feel like the greatest accomplishment, and can be extremely rewarding. In order to become the best estate agent in town, here are some top tips for success. 1.…
Read More
Breaking News

Breaking Property News – 25/07/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Latest property data trust framework helps digitise conveyancing The Open Property Data Association (OPDA) has released the newest version of its property data trust framework which, among other benefits, will help key conveyancing information to be provided digitally. It will be easier for consumers to…
Read More
Rightmove logo
Breaking News

Rightmove’s weekly mortgage tracker

Matt Smith, Rightmove’s mortgage expert said: “We’ve seen average mortgage rates drop at a pace not seen for a while this week, faster than many expected as lender competition hots up. The first sub 4% rate for those with larger deposits and prepared to pay a higher fee is the headline-grabber, but we’ve also seen…
Read More
Coastal and sea front property
Estate Agent Talk

Why You Should Invest in Herne Bay Property

Herne Bay, a charming coastal town in Kent, is fast becoming a hotspot for property investment. With its picturesque seafront, vibrant community, and excellent transport links, Herne Bay offers a wealth of opportunities for property investors. If you are considering a property investment and looking for estate agents in Herne Bay to guide you through…
Read More
Breaking News

Breaking Property News – 24/07/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   The recent UK election, with a new Labour government, is set to have significant implications for lettings. As housing is a devolved matter in Wales, local governance and devolution will play a crucial role in shaping this sector. Williams & Goodwin The Property People,…
Read More