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(Ray White Victoria Chief Auctioneer Matthew Condon calling the auction at 12 Farmhouse Court, Sydenham.)
THURSDAY night's auction for 12 Farmhouse Court, Sydenham was forced to go online after 29 buyers registered to bid on the four bedroom family home.
Tightened restrictions in Victoria now state there can be no more than 20 people attending an onsite auction but second wave fears didn’t discourage bidders from giving their best for the Sydenham home.
The family home was sold through Zole Elali and Paul Guerguinov of Ray White Caroline Springs and went under the hammer at $616,000 to local first home buyers.
Filmed from the Ray White Victoria studio and called by Victorian Chief Auctioneer Matthew Condon, the auction was competitive from start to finish.
Mr Condon said deferred eased restriction has meant many offices have had to convert onsite auctions back to the virtual method.
“This auction alone had 29 registered bidders so there was no way it could have worked onsite so in just two days the team turned it around and they converted the auction online,” Mr Condon said.
“What this result says to me is that whether it’s in room, onsite or online we have the capability to create competition and get premium results for our clients.
“Wherever our auctions are held we have proven time and again that we can still get great results in a safe environment.”
Mr Elali said the interest came from across the board including from first home buyers, downsizers and families.
“We had a total of 132 inspections in four weeks which is unheard of around here - we generally get around the 30 mark,” Mr Elali said.
“The winning bidders were local first home buyers who had been looking for about two months.
“They were thinking of holding off buying with everything going on and seeing where the market would go but they found this one and said if they got the right price for it then they’d take it.”
Getting 29 bidders to go from an onsite auction to online is not always an easy feat but Mr Elali said they were receptive and understanding of the change.
“We literally flipped it around to an online auction within 48 hours before auction. We were just trying to get all the buyers to convert because of the restrictions and what comes with that,” he said.
“We walked all our buyers through the process, it was a lot of work but we got there in the end and the feedback we received was overwhelmingly positive.”
