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Live Online Auctions attracts over 1,400 viewers

By Holly Sprott

Last Sunday saw a massive day of auctions from Brisbane’s Urban Living Group. The co-operative of 10 inner city offices (comprising Ascot, Ashgrove, Bulimba, Brisbane CBD, Coorparoo, East Brisbane, New Farm, Paddington, South Brisbane, and Wilston) brought an impressive 73 properties to the Emporium Hotel, deftly called by auctioneers Haesley Cush and Phil Parker.

The event attracted around 500 buyers and sellers through the doors with just under 50% of the properties selling under the hammer, and 71% over the line by midday Monday.

Ray White Bulimba principal Roger Carr said, “We had a fantastic response to the live online auction facility available at Sunday’s Urban Living Group in-room auction event. Some of our office’s auctions had one or multiple active online bidders. A few of our vendors who were unable to attend in person, were able to watch their auctions streamed live in realtime. I had one of my vendors messaging me post auction about how good it was to watch their sale play out online. With around 1400 people either watching or participating online Sunday it definitely shows this is a desirable and growing avenue for people to participate in auctions.”

Hitting a new milestone for the day with around 1,400 viewers online, Ray White Live Online Auctions was a hit with the online attendees.

Benn Woods – BDE Live Online Auctions had this to say.

“The atmosphere here today was absolutely awesome, and Ray White Live Online Auctions was really happy to help out our absentee buyers and sellers by broadcasting the event LIVE right around the globe. We also had 10 registered online bidders today. We even had a bidding war between someone in the room and an online bidder. We went bid-for-bid for about $10,000 in $1,000 increments. The bidder in the room took home the keys on that one, narrowly beating out the online bidder. It was really exciting stuff.”

Assisting on the day with this exciting new service were Roz Yee (Auctions Co-ordinator), Bianca Burke (AV Stream Production), and a guest appearance from Ray White Rural’s Sandy Taylor (Bidder Tech Support).

Viewers can tune in every Friday from 10:30am (QLD time) to watch the QLD Corporate In-room Auctions. You can also see when other auctions will be broadcast by checking the catalogues/schedule.
To watch the auctions LIVE, head to raywhite.com/liveauctions and click on the view auctions button.

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