Hunters believes its new online platform will reduce the time it takes to execute a sale from seven months to nine weeks. Photograph: iStock

The company, which has four offices in Dublin, has invested about €200,000 on the bidding platform, which requires title documents and a sales contract to be in order before a property goes to market. Interested bidders will have to have proof of funds before they make a bid.

After an offer is accepted, the prospective buyer would have two weeks to sign a contract conditional on the funds coming through.

Hunters managing partner Rowena Quinn said the system would help reduce the likelihood of non-genuine bids and speed up the sales process, particularly for cash buyers and people trading down.

Interested purchasers

“The length of time it takes to complete a sale is no longer acceptable,” Ms Quinn said, who claims that the new online platform was expected to reduce sales times from an average of seven months to nine weeks.
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