Daft.ie has released updated figures from their online offers tool, 'Offers by Daft', which allows interested buyers to place and track offers on properties through a fair and transparent process directly online and the data has noted that the market is hot.
Launched in 2022, this free platform from Daft.ie provides transparency and flexibility to home buyers, agents and sellers. Daft.ie built this innovative product in 2022 and now with a total of 1,324 properties through the system they have the data and insights to share.
The insights shared by Daft.ie say that from first bid to offer accepted it’s taking just 10 days, with an average of 11 bids. Since the tool launched last year, House bidders in Ireland have placed over 3.7 billion online offers on properties directly on Daft.ie through the Offers by Daft tool.
There have been a total of 10,206 offers made on ads through the Offers by Daft platform since launch in 2022. Interested buyers can now view existing offers on a property with Offers by Daft enabled in real time and can submit their own at any time of the day or night that suits them.
Updated Figures
In total, 41% of offers are placed outside of business hours; 11% between 12am-9am, 15% between 6pm-12am and 15% throughout the weekend.
Consumers can see houses for sale with online offers enabled by going to Daft.ie and filtering for properties with online offers.
Daft has over eight million monthly visits and Offers by Daft is a direct response to the needs of those using the site every day, says Emmet Creighton, Client Partnership Director at Daft.ie: “We know that purchasing a home can be both a very emotional and stressful journey for buyers in Ireland. And from our close relationship with agents, we know that the process involves huge amounts of admin and time on their part, especially in managing multiple offers and bidders at a time. We built this product to address those pain points and make buying in Ireland better for everyone; buyers, sellers and estate agents," Emmet said.
Daft’s aim in building this product was to improve the buying and selling journey for everyone involved aligned to their core mission of better buying and selling for everyone in Ireland, Emmet added. That includes bidders looking for more transparency, sellers wanting to be kept in the loop at each point of the bidding process and agents working hard to ensure everything runs smoothly for their clients
“At Daft, we understand that nobody is better placed than the estate agent to provide the best experience for Ireland’s house buyers and sellers. Offers by Daft frees the agent by managing all offers and bidders from one central location allowing the agent to focus on their clients, and delivers a great experience for both their buyers and sellers alike. For the house buyer, it offers complete transparency and flexibility – they can make an offer at a time that suits them, on any device. It saves all parties hours and hours of valuable time.For the house seller, it offers instant updates with no phone tag - they can see the latest offers on their property on Daft.ie instantly allowing them to track and keep up to date on offers and bidders anytime, anywhere and from any device," Emmet concluded.
