Auctioneera, Ireland’s largest fixed fee estate agency, has launched in Galway with Glenn Henley at the helm. Unlike estate agents that charge the seller of the property a percentage of the final sales price, Auctioneera charges a fixed fee of €1,695 for a full, no compromise, best-in-class estate agency service. The savings on offer are substantial. For example, a property that sells for €350,000 at 1.5 per cent plus VAT would mean a bill for the vendor of €6,457, with many estate agents charging a marketing fee to boot.
Glenn Henley spearheaded Auctioneera’s assault on the capital over the past two years and leaves behind a thriving operation there as the fixed-fee model continues to gain share in Dublin. In that time the company has handled sales with a total value of almost €200m, saving its vendors an estimated €3m in estate agency charges compared to percentage-based auctioneers. A growing percentage of the company’s sales is now coming from its thriving Cork office with Fiona Waldron driving the business forward for Auctioneera on Leeside.
Mr Henley, who lives in Galway, decided now was the right time to bring the fixed fee offering west. “From a standing start in Dublin two years ago, we now have four agents with recruitment ongoing for more as well as a dedicated customer support team of 11 customer service professionals," he said. "We have worked extremely hard to deliver a top-class service to our clients at Ireland’s best price and this is reflected in the quality and quantity of the reviews we now have; we have several hundred five-star reviews on Google and we are very proud of that. Vendors and buyers alike have embraced our new way of selling property and I am excited to bring this unique offering to Galway.”
A glance at the Auctioneera website shows more than 100 properties listed for sale with many showing current offers well over the guide price – it seems Henley might be onto something.
For more on Auctioneera’s fixed-fee estate agency service, see www.auctioneera.ie or call 091 394 358.