Classifieds Advertise Archive Subscriptions Family Announcements Photos Digital Editions/Apps
Connect with us

Business

O’Donnellan & Joyce planning next auction

Published

on

Colm O'Donnellan: online bidders from USA, Australia and Dubai.

“When is your next auction?” is the big question from callers to the offices of O’Donnellan & Joyce’ over the past few weeks.

The company say that the massive success of their 2014 auctions seems to have left no doubt in the minds of most  vendors that if you want to sell your property in a reasonably short length of time the auction route is the way to go.

An auction is an efficient and cost effective way of selling property and, if prepared properly with intensive marketing, advertising and mailing, will result in the greatest possible exposure of the properties offered.

To maximise the effectiveness of the marketing, considerable thought must be given to the guide price, which needs to be tailored to generate competitive bidding in the auction room, thus ensuring that the best price is being achieved.

Selling by auction however, offers a high degree of certainty that a sale will be achieved on a given day and, significantly, on the fall of the gavel an immediate binding contract is formed.

There is the added advantage of the sale being entirely open and transparent. As no further negotiation is permitted the entire sale process, from instruction to exchange of contracts, is achieved within as little as six to eight weeks.

Most types of property are suitable for auction provided that a realistic reserve price is agreed. Auction is now regarded as the optimum method of sale for sellers, ranging from executors, receivers, private investors, owner occupiers and banks.

Once a property sells at auction the owners can go forward in the knowledge that their property is sold and can therefore bid or buy on another property if they wish to do so.

O’Donnellan & Joyce say their auction process is unique. The company have always been synonymous with auctions in the west of Ireland – however they are now rated as one of the best auction houses in the country.

“The areas covered range from Donegal to Limerick and Clifden to Mullingar with enquiries coming in from Dublin and further afield asking if we would facilitate sales in those areas,” said Colm O’Donnellan.

“Despite the fact that O’Donnellan & Joyce sell a large number of properties for lending institutions the majority of the auction properties are still privately owned homes and investment properties.”

The first auction of the year which will take place on Friday, March 6, promises to have a wide selection of properties both commercial and private.

Already set to go under the hammer are commercial properties in Furbo. Ballybane. Ballinalsoe and Limerick.  Private sales will include properties in Mervue, Ballybane, Clarinbridge, Clifden, Glinsk and Carna in Connemara together with lands in Craughwell and Clarinbridge among others.

The cut-off date for the March auction is Friday, February 6, so it is envisage that by then the list will have grown.

For more, read this week’s Connacht Tribune.

Connacht Tribune

Supply chain challenges in retail

Published

on

SPONSORED CONTENT  – EZ LIVING FURNITURE

There has been a huge demand for consumer products in 2020 and 2021. Covid-19 has resulted in people spending more time at home than ever before. Lockdown especially saw all non-essential workers previously confined to their homes. Investing in goods such as clothing, electronics and furniture was one of the few ways that people could spend their discretionary income from the comfort of their own homes. However, this major spike in consumer purchasing is only one of many challenges that the retail industry is currently facing.

Every retailer and consumer across the globe is being affected by rising costs and frustrating delivery delays and this, unfortunately, includes  EZ Living Furniture. As Ireland’s most loved and well-known furniture retailer, we wanted to help our customers understand the issues the entire retail industry is currently facing and will continue to face for some time by outlining the order fulfilment process to you.

Supply Chain explained

March 2020:

Many suppliers (including EZ Living Furniture) source their products from overseas. When Covid-19 first struck in the Far East in March 2020, illness and a lessened workforce lead to a dramatic decrease in production. When those countries entered lockdown, supply stopped coming from the Far East entirely.

April 2020:

When these countries began to recover and started to exit lockdown, Europe, unfortunately, went into lockdown. Because we were unable to sell stock to the same capacity, we stopped ordering from these countries.

June 2020:

Customers began ordering products again, but only online as all of the physical stores in Europe were closed. It took us, and many other European businesses a number of weeks to come to terms with the new working from home arrangements and the redirection of resources towards the increase in online sales that occurred subsequently.

November 2020:

Product manufacturers and raw material manufacturers in Europe were still closed due to the pandemic. This meant materials and products were not being produced in Europe at all.

This caused major issues with supply and production. For instance, foam is one of many materials used to make mattresses, dining chairs, and sofas. When this is in short supply, so too is the furniture that uses foam.

Hospitals around the globe began ordering thousands of containers of PPE. With no warehouses to store these essential healthcare items, they remained in the containers at ports. This lead to congestions at ports and a shortage of shipping containers worldwide.

Shipping ports closed due to the outbreak of Covid-19 in ports.

March 2021:

The Suez Canal was blocked by a container vessel for six days. This put further strain on supply chains that were already burdened by the coronavirus pandemic.

October 2021:

We are still continuing to suffer from the lack of containers. This is causing a rise in transportation and raw material costs. Deliveries to customers are also now taking longer than usual.

What are we doing to resolve this?

Stores like us are working even harder to ensure that customers receive the same products in the same time frame and at the same price-point that was in place before the pandemic. Any solution to this supply chain problem is not perfect. Prioritising faster delivery will inevitably lead to higher costs while focusing on lowering product prices will inevitably delay delivery times.

Alternatives and long-term solutions are being explored such as supply chains in eastern Europe. However, this is a time-consuming process primarily due to quality control and logistics.

What you need to know

Already this year, we have had to increase our stock levels to try to compensate for any future delivery delays. Until now, we have been absorbing the increases in transportation costs and raw materials in order to continue to offer our customers such a wide range of furnishings.

Unfortunately, due to the prolonged nature of the pandemic, stock is going to be limited, especially during certain holiday periods. Prices may also have to be increased again in the future with smaller companies likely to be affected to an even greater degree. We want to be completely transparent with our customers and make you all aware that our promotions listed below may be the last chance for you all to purchase EZ Living Furniture items at such low prices.

So, don’t wait to buy that EZ Living Furniture Item you have been eyeing and prioritise our in-stock items. The products available in all retail stores now could sell out and take a long time to return to stock. Shipping delay issues could also mean you are waiting months to receive your items.

Although we are uncertain as to how long these global supply-chain issues will last, we aim to keep you updated at all times. We appreciate your patience during these unprecedented times.

For any queries regarding your order, please contact our Customer Service team by phone, email or live chat:

Monday – Friday 9:30am – 5:00pm

Phone: 0818 222 272

Customer Service Email: customerservice@ezliving.ie

Website Enquiries Email: websales@ezlivingfurniture.ie

SPONSORED CONTENT  – EZ LIVING FURNITURE

Continue Reading

Connacht Tribune

Wild Atlantic Way creates template for sustainable coastal tourism in Europe

Published

on

The spectacular Poll na bPheist on Inis Mór – one of the many unique attractions on the Wild Atlantic Way.

The success of the Wild Atlantic Way will be used as a template for other European regions to look at their potential to capitalise on sustainable coastal tourism.

The west’s success story has been used as a research model to establish best practice for the development of marine and coastal tourism trails in the EU – without having a detrimental effect on local communities or the environment.

The research – which was driven by a team at NUIG with input from the Northern & Western Regional Assembly – forms part of the Moses Project which aims to further the EU’s Blue Growth strategy in five focus maritime areas with the potential to accelerate learning across Europe.

The five maritime areas are aquaculture, marine and coastal tourism, offshore renewable energy, ports and fisheries.

Blue Growth is defined as growth that does not interfere with the marine environment’s long-term ability to continue to deliver ecosystem services.

The Moses Project, which is concluding this year, has eight partners in five countries, comprising a mixture of research centres/universities, regional government and a public body representing marine-based activities.

The project is funded through the innovative EU INTERREG Programme called Atlantic Area.

The research on the 2,500 km Wild Atlantic Way was carried out between 2018 and 2020 by a project team in the Socio-Economic Marine Research Unit (SEMRU) based at NUIG, following a brief review of the marine and coastal tourism management regime in Ireland.

The Northern & Western Regional Assembly (NWRA) was also a partner in the two-year project.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Continue Reading

Connacht Tribune

Roadshow’s nationwide brainstorm

Published

on

The Creating Our Future Roadshow on its stopover in Galway city.

Galwegians were offered the chance to play a part in creating a better future for Ireland – by participating in a nationwide brainstorming session last week.

The Creating Our Future Roadshow is midway through its mission to visit every county in Ireland in a month – having started out on September 24 in Wicklow and running until October 26.

It’s a government-led national brainstorm that will involve the people of Ireland in a conversation on the role research can and should play in addressing opportunities, challenges and hopes for the future.

Creating Our Future, according to Minister Simon Harris, will ensure that the direction of research in Ireland is informed by the people it serves.

The organisers are asking people to submit their ideas about what researchers in Ireland should explore to create a better future through the dedicated online portal www.creatingourfuture.ie, which is open until November 30.

The Roadshow is also pulling up in towns across the country to encourage the public to engage in a conversation with researchers over a cup of coffee – and to submit an idea about an opportunity or challenge in their lives, community, Ireland or the world; or something they are curious or passionate about and would like researchers to explore.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Continue Reading

Local Ads

Local Ads

Advertisement
Advertisement

Facebook

Advertisement

Trending