More people looking to auctions for first home, insists Allsop Space

More people looking to auctions for first home, insists Allsop Space

Auction specialists Allsop Space have insisted that more and more house hunters are looking to auctions to secure their first home.

“Our firm has turned a significant corner, witnessing a remarkable increase in the number of private and non-distressed vendors coming to the market,” said Rob Hoban, director of auctions at Allsop Space, which sold €48m in properties at a one-day auction in Dublin last Wednesday.

“When we started Allsop, we were in the depths of recession where nothing was selling, so a lot of the properties were distressed.

“That has all changed, now, and more people are seeing this as a good alternative way to sell.”

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