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Irish online auction firm names the date for first UK sale

Online auction house BidX1 has launched its first UK online auction following its acquisition of London-based auctioneer Andrews & Robertson.

This is part of what BidX1 calls an ‘omni-channel’ strategy - meaning both physical and online auctions will be staged by the company.

The 67-lot catalogue for the auction on March 7, which includes residential and commercial properties, is expected to attract international bidders as well as domestic investors.

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The event marks the official launch of BidX1, Ireland’s largest property auction house, into the UK market.

“Vendors have been attracted by the prospect of a wider target pool of buyers than is possible through traditional auctions. Our secure site ensures the democratisation of the auction process, with buyers relishing the prospect of a more transparent process as well” claims BidX1 founder Stephen McCarthy.

In the UK, BidX1’s online auctions will run alongside Andrews & Robertson’s continuing in-room auctions, the next of which is a 78 lot auction which takes place later this week. 

The company says this combination creates ‘an omni-channel auction powerhouse’. 

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