Property Auction Campaigns in Victoria

Starting from the beginning of the process, a seller must supply a vendor’s statement (section 32) to buyers prior to auction day. This will include information about the title including any mortgages or covenants as well as detail easements, zonings and outgoings such as rates.  It will not contain any information about the condition of the property. Auction marketing campaigns are generally between four to six weeks long, from when the property is first listed for sale through to auction day. Marcus William, CEO of Ray White in Victoria says some agencies may initially launch the property to buyers on their ... read more...

Buying or Selling a Property at Auction

The thought of buying or selling a property at auction may well seem intimidating if it’s something you’ve never done before. TV images of an auctioneer waving a hammer around and calling out excitedly, taking bids from people you didn’t even see move don’t necessarily make it look easy.  But as with many things in life, it’s likely you have a fear of the unknown, rather than a specific fear of the auction process.   Ray White CEO of Growth Mark McLeod says auction sceptical vendors often cite the pressure of auction day or a fear of not getting the best price ... read more...

Jack Kennedy Auctioneer Joins Ray White Ingham

We'd like to offer a special welcome to the newest member of our office Jack Kennedy who is focusing on Rural Sales & Auctions. Jack has spent the majority of his working life in the Stock & Station/Real Estate industry (40 Years) in major irrigation, cropping and horticultural, district bordering Northern Victoria and the Southern Riverina of N.S.W. Jack was a partner in a large and successful Real Estate, Livestock & Merchandise business for 25 years. Jack has been a licensed Real Estate Agent, Auctioneer & Stock & Station Agent for approximately 30 years and has conducted auctions for many private, corporate ... read more...

Brisbane City Super Auction 60 Properties

More than 60 properties will go under the hammer at a mega residential auction in Brisbane. Ray White Urban Living Group, which was formed 18 months ago by a number of Ray White branches based around the Brisbane CBD and inner suburbs, is hosting the event at Fortitude Valley’s Emporium Hotel from 10.30am on Friday 30th. Ray White’s corporate auctioneer Phillip Parker and the principal of Ray White New Farm, Haesley Cush, will be auctioneers on the day. Ray White South Brisbane principal Dean Yesberg said some of the finest homes in the inner-Brisbane area would be on show. “We expect it will attract ... read more...

Ipswich Property Goes to Auction

ONE of Ipswich’s most-haunted buildings will go under the hammer when The Old Flour Mill is auctioned this month. The historic Brisbane Street complex features 15 tenancies and 1088sq m of floor space to let over four levels. It was this year named one of the region’s most-haunted locations in a book by historian Jack Sim. Opened in 1901 for the Ipswich Flour Milling Company, the building was used by Cribb and Foote in 1910 and became a car showroom in 1926. It is now home to a wide range of businesses including Viva Italia, McCannix Nails and Beauty and Yesterdays Collectables. Ray ... read more...

Robina Property up for Auction

More than $20 million of residential and commercial property will go to auction at Robina Town Centre cinemas tonight. It is the second time Ray White Robina/ Varsity Lakes will stage its annual investors' auction, this year choosing to hold the event in a 400-seat cinema which agency boss Scott Burgess believes still won't be big enough to accommodate the expected turnout. Auctions are highly focused marketing campaigns designed to expose your property to the maximum number of buyers, maximise your sale price and minimise the number of days your property is on the market. Some considerations of Auctions ... read more...

Auction Property South Brisbane Success

Around $5 million worth of property was sold at Ray White South Brisbane and Ray White CBD Residential’s Indoor/Outdoor Auction at the Kangaroo Point cliffs last weekend. Ray White South Brisbane principal Dean Yesberg said out of 14 properties, three sold before the event and another five sold on the day. The auction was held under a marquee at the Kangaroo Point Park Amphitheatre and was the first ‘indoor/outdoor’ auction in Queensland. "We had more than 60 people attend the auction with 20 registered bidders and sales of around $5 million," Mr Yesberg said. "We achieved a clearance rate of almost 60 per cent ... read more...

Melbourne Auction Property Hot Spots

THIRTEEN Melbourne suburbs have emerged as 2010 auction hot spots. The suburbs, which include Bentleigh, Newport and Essendon, have recorded a 100 per cent auction success rate, according to the Real Estate Institute of Victoria. Suburbs: Malvern East, Preston, Brunswick, Beetleigh, Elwood, Ferntree Gully, Newport, Thornbury, Bentleigh East, Mulgrave, Noble Park, Wheelers Hill. "Every house that has been put up for auction in these suburbs this year has sold," REIV research manager Robert Larocca said. "It's early days in the property market but it is clear already that demand is very strong this year." The auction market ended last year with a clearance rate ... read more...

Auctions Get High Price

What seller wouldn't want to be able to wave a magic wand and get the highest price possible in just 28 days? There are many in the business who would say the next best thing to a magic wand is the auction. It's short, sharp and, if you have the right people working for you, ultimately successful. Realmark director John Percudani said the auction was a method that should not be feared but embraced as a premium selling method. "Auctions enable the agent to attract multiple buyers, with the potential for multiple offers, without the initial distraction of a set price," he said. The ... read more...

Ray White Defeats Linfox – Sydney Cricket Ground

“I was really proud of my team today” said Dan White, the captain of the Ray White team that defeated Linfox at the Sydney Cricket Ground last Tuesday. It was a team that included members of our group from Western Australia, Queensland, ACT and NSW. The match was part of a big fundraising effort to raise money for disadvantaged children and it gave participants the very rare opportunity to play on the SCG. For cricket enthusiasts this is a dream come true. In glorious conditions on a lively wicket Dan White sent his team into bat first in this 24 over ... read more...

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