Ray White auction true believers 2024/25
AUCTIONEERING is at the heart of Ray White, and the leading property group has an extra special recognition for its most dedicated auction professionals.
In Adelaide, Justin Irving of Ray White Salisbury conducted a whopping 117 auctions in the year, and a career to date of 260 auctions.
His auction day clearance rate is an enviable 89 per cent and his favourite auction of the year was the home at 35 The Walk Mawson Lakes.
“The home was a deceased estate. One executor was a local lady that was a close friend of the deceased and the sister that resided in Ireland. We appraised the home at 1.8 million and The vendors set a reserve at 2 million. We ran a 3 week campaign and had over 110 groups attend the open homes leading up to the auction day. On the day of the auction we had 21 registered bidders, stormy weather was forecast and we had a heavy downpour of rain during the auction call. We had a crowd of over 300 standing in the rain observing and the opening bid was 1.8 million and the final result was 2.3 million, $300,000 above reserve.
The buyers were of middle eastern descent with a very large family.
John Yatman, principal at Ray White Punchbowl, conducted 63 auctions last year to round out his career to date at more than 400. His personal clearance was 87.1 per cent.
His favourite auction last year was 7 Victoria Road, Punchbowl sold for $1,902,000. “My seller was on the market with another agency for six months, trying to achieve $1.7 million. We took it to the market with a vendor who was very hesitant and scared.
“Her husband had passed away quite a few years ago and it was their family home for 50 years, they built it together.
“The buyer is upgrading from a smaller property in Riverwood and wanted to capitalise on the metro line and a bigger home.”