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

Breaking News

Housing Ombudsman’s report demonstrates necessity of vibrant and growing private rental sector

Following a recent report from the Housing Ombudsman titled ‘Spotlight Report: Repairing Trust’, which revealed that 2024/25 witnessed a 474 per cent surge in complaints about poor living conditions compared to 2019/20, Propertymark has stated that this demonstrates the necessity for a vibrant and growing private rental sector. Referencing the UK Government’s ambition to construct…
Read More
Breaking News

Inheritance Tax Receipts raise £1.5 billion in two months

Inheritance tax receipts hit £1.5 billion in the first two months of the current tax year, according to data released by HM Revenue and Customs (HMRC) this morning. This is £98 million higher than the previous tax year, and continues an upward trend over the last two decades. Nicholas Hyett, Investment Manager at Wealth Club…
Read More
Breaking News

Propertymark Responds to Boiler Scheme Consultation

Responding to the Department for Energy Security and Net Zero’s Boiler Upgrade Scheme and Certification requirements for clean heat schemes consultation (England, Wales and Scotland), Propertymark has stressed the concerns of property agents that landlords are struggling to afford energy efficiency improving measures and warn that the scheme must evolve to protect the availability of…
Read More
bank of england interest rate
Breaking News

Industry Reaction to Bank of England’s decision to hold interest rates at 4.25%

Following a previous cut in May, the rate has today been held at 4.25%. This comes as a result of inflation easing slightly to 3.4% (May 2025), but remaining higher than the Bank of England target rate of 2.0%. The decision to hold the base rate by the Monetary Policy Committee was the result of…
Read More
Breaking News

Rents Climb as High as 17.4%

The latest market analysis by London lettings and estate agent, Benham and Reeves, has found that rents across Britain have surged by as much as 17.4% in some areas since the Labour Government adopted the proposed Renters’ Rights Bill which is likely to become law later this Summer after the Bill enters the House of Lords…
Read More
Breaking News

Breaking Property News 19/06/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   Cloud-based practice management platform launches at Taylor Rose Taylor Rose parent AIIC Group rolls out cloud-based practice management platform AIIC Group (“AIIC”), the legal group behind law firms Taylor Rose, FDR Law and Kingsley Wood, is rolling out a new fully cloud-based practice management…
Read More