Strong results expected at commercial in-room auction event
The Ray White Commercial NSW team are hosting its first in-house auction event of the autumn selling season, with five key offerings to go under the hammer.
Held in Ray White’s auction rooms in the Sydney CBD, the event will be led by Jason Andrew, one of the most recognised auctioneers in Australia.
Included in the auction event will be Ray White’s Live Online Auctions which will enable buyers to bid for – and buy – properties remotely.
“A key component of our in – room auctions is providing purchasers the ability to bid on line. Our Live Online Auctions system is designed to allow anyone, anywhere register and actively bid on a property in real time,” said Jeff Moxham, Managing Director and Partner of Ray White Commercial NSW.
“The Ray White Group pioneered this system back in 2014 to assist their rural network which often has purchasers having to travel from very remote areas. Since 2014, more than 1,200 auctions have been broadcasted online, 13 properties have sold to online bidders totalling over $20 million, and 80 properties have sold to phone bidders who were viewing the auction online totalling $80 million,” Mr Moxham said