Irish new homes market is a sleeping giant that is only now waking up, writes Carol Tallon, May 19th, 2018.
One of the estate agents successfully championing proptech is Owen Reilly. Having tried solutions from the UK, Reilly and his team developed their own online bidding platform designed around the needs of their vendors and the demands of buyers. Interestingly, they have identified peak bidding times at lunchtime or in the evening from 7pm – 9pm outside of traditional office hours.
Recent buyer Rob Nangle completed his purchase and had this to say about using Owen Reilly’s in-house bidding platform “I thought it was great compared to the emailing and calling we experienced previously. With the transparency it is still impossible for the bidder to know of all bids are genuine and this way at least fells it more transparent. Being asked to provide ‘Approval in Principal and proof of finds removes potential time wasters which is also a marked improvement. Overall it is a much better way of doing things.”
Owen Reilly become the first Irish estate agent to open a VR marketing suite in the heart of Dublin’s Docklands in late 2017. This allows busy potential buyers to take a fully-immersive walk-through of a property during their lunch break if necessary. The company has recently invested in world class technology to enhance the VR tours of yet-to-be-built homes. For home buyers or investors buying off-plan for the first time they can virtually walk through the unit, check the views from each window and even step out on the balcony.
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