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.