Auction News

7 June 2013

We have finished the week with another excellent result thanks to teamwork contribution.  A very big crowd was once again in attendance to take part or witness real estate activity on Tuesday night.  Excellent results were achieved.

‘Under the hammer’ sales:  Cromdale Avenue for $783,000 after 27 bids, Galsworthy Place for $780,500 after 31 bids, Drake Street sold for $539,000 after 26 bids, Smales Road bidding got to $710,000 and the salesperson is continuing to work with buyers.

This evening Bramley Drive sold ‘under the hammer’ after 25 bids, for $1,093,000.  What was impressive apart from the result was the number of the sales team who were there with bidders.  An exciting week for us once again and thanks to all those who contributed to the excellent results.

Ken Ralph

Auctioneer


13 February 2013

We ventured ‘out West’ this evening and sold ‘under the hammer’, 7 Dainton Place, New Lynn - congratulations to Madhu Bhana.  Madhu identified two bidders - good bidding resulted in a good price of $482,500 - very happy vendor and buyer.  Well done Madhu.

Ken Ralph

Company Auctioneer
 

07 February 2013

We started the week with great success and we have finished the week with great success.

Monday evening - 21 Curacao sold ‘under the hammer’ after 18 bids - $652,000, followed by 6/65 Moore Street also selling ‘under the hammer’ with 10 bids - $462,000.  117 Wayne Francis Drive has a conditional sale after post auction negotiations.

Congratulations to Michael Ellse, Marie Raos, Jeff and Christine Carr.

Tuesday evening - 21A Gwenand Place attracted bidding and Michael Ellse continues with post auction negotiations.

This evening - 7 Braystones Place sold ‘under the hammer’ - after numerous bids (my usual bid recording people were not in attendance and I couldn't keep up with myself!) - $810,000.

Congratulations to Sue Collyns, Jeff Carr and Elaine Shew who introduced the winning 'buyer’.

Ken Ralph

Company Auctioneer


06 December 2012

Keppoch Court – Sold “under the hammer”

Congratulations to Marie Raos for securing an excellent listing and conducting an equally excellent marketing programme – short as it was.   We also need to recognise the private inspections from the sales team – there is no doubt team work helps to give Vendors the very best result.

Thanks to Lilly Li, James Bae, Ivy Zhao, Rasool Soleimani &, Angie Cheng – all introductions and attendance besides the 8+ probables that Marie had identified.

Bidding started at $850,000 and after 52 bids sold “under the hammer” to Angie’s buyer customer.

Again – the most pleasing aspect  - we showed that we know how to maximise price for our Vendors  - we are “auctioneers”.

Marie Raos’ skill to get the listing/manage the marketing/attract buyer interest/ work very cooperatively with the rest of the sales team – set the platform for an outstanding result.

With four bidders in total – that is “market value” – that is the price genuine buyers were prepared to pay for an extremely well presented home in a sought after street and as I said at auction – “hard to find another such home”.

The Vendor and her family were delighted with the result  - thanks to all.

Ken Ralph

Company Auctioneer


20 November 2012

Another big crowd witnessed a very active auction programme on Monday evening, demonstrating the continued interest in real estate in our Eastern Beaches area.

Following on from last Thursday evening the two “under the hammer sales” 21 Raddock Place and 14 Beechdale Crescent were recognised and set the standard for further “under the hammer “ sales.

25 Baird Street sold “under the hammer” $788,000 after 19 bids. Palm Crest Grove sold “under the hammer” $710,000. 38 Gosford Drive sold “under the hammer” $586,000. 27 Marendellas Drive sold “under the hammer” $580,000. 192A Clovelly Road sold “under the hammer” $490,000. 1/ 39 Jill Teresa Crescent sold “under the hammer” after 24 bids $595,500. 4/ 33 Rodney Street sold immediately post auction to the highest bidders.  Sales people are working with buying interest for 28 Ellesmere Crescent and 10 Seresin Crescent.

The most pleasing aspect of the evening was that once again we were able to clearly demonstrate our 26 years of auction marketing experience, auctioneering skills and ability to work with buyers during the auction to achieve the best unconditional sale for our Vendors and the ability for buyers to buy in a most efficient and transparent way.

Congratulations to our Vendors, the lucky buyers and our sales team on an outstanding successful evening.       

Congratulations also to Martin Caie and Cathy Huang – success at 8 Laser Place on Sunday! It is always more difficult selling out of catchment area – so Martin and Cathy did well at Bayview/Glenfield – bidding reached $515,000 then with negotiations immediately post auction Martin achieved $535,000 and an unconditional sale which then allowed the Vendor to bid on Rodney Street on Monday evening and with immediate post auction negotiations a sale was signed at $450,000.

So  - another positive story – getting one home sold  so another home can be purchased.

Well done Martin and Cathy

Ken Ralph

Company Auctioneer

 

15 November 2012

Another extremely pleasing auction evening – 2 properties brought forward – both beat the price the Vendors were pleased to accept.

Congratulations to Marie Raos and I think it is very appropriate to recognise and congratulate “Marie’s team” – good people build good people around them!

But also I want to recognise and thank Elaine Shew and Henry Yong for introducing buyers and getting them to bid and also Ian Taylor for assisting one of the bidders to become the eventual “winner” - again team work – people assisting with their skills to ensure the best result.

21 Raddock sold “under the hammer” after 59 bids  - bidding starting at $720,000 and finishing $802,000

14 Beechdale sold “under the hammer” after 17 bids – bidding starting at $550,000 and finishing $568,000.

This week demonstrated again  - we are good at Auction Marketing – our Vendors have been very complimentary about the sales people and the way we have conducted the sale of their property. - I am always striving for better results/ more perfection in all aspects of the auction programme and that’s how it should be, however, we shouldn’t be shy in telling prospective vendors how good we are  - you don’t get quality and experience with “free” and as I have reiterated many times  - we are auctioneers not bid takers  - we know our obligations/ we know who to work for  - our Vendors. The Vendors have all expressed appreciation for the way we have maximised price for them. This is our reputation.

We are down to our last 4 auction portfolios for the year – with continuing support from all the sales team we will finish in superb style.

Ken Ralph

Company Auctioneer

 

09 November 2012

A very successful auction evening  -  2/18 Davita and 16 Macnean.

Congratulations to Kevin Marginson achieving a sale of Davita for our Vendors in a speedy time to suit their urgent timetable - $645,500 “under the hammer”.

Congratulations to Jeff and Christine Carr – achieving  a “sale under the hammer” of Macnean.  Bidding opened at $778,000 and ended $842,000 – about 56 bids – at least 4 bidders.

Recognition also needs to go to Angie Cheng and Faz Najmi who had buyers at the auction – it is those efforts that make such a difference to a final result.

The Vendor was singing the praise of the effort that went into getting the result – a very pleasing response!

Another pleasing aspect was the comments I heard after auction – I heard Jeff thanking the Vendors sister for the “referral” – sister replied – “well you are the only one who has kept in touch with us, you haven’t pestered us, but you have kept in touch”.

Congratulations to Jeff and Christine - 2 very successful evenings and congratulations to all who contributed to make a successful auction.

Ken Ralph

Company Auctioneer  

 

22 September 2012

Two mid week/ end week pre auction offer-auctions with very pleasing results for Vendors.

Wednesday evening - 1/31 Eastern Beach Road - $395,000  - 8 bids later $402,000 – well done Kevin Marginson but also thanks to Lily Li who worked well with her under bidder customer.   

Friday evening – 146 Whitford Road - $490,000 – 20 bids later - $505,000 – well done Carolynne Scott but also thanks to Yasmin Kapadia who registered and worked with the under bidder and Tania Yang whose customer also took part in the bidding. Thanks also to John Lau  and Michael Ellse for attending and giving support – it was appreciated.

 

23 August 2012

Congratulations to Marie Raos - last evening 18 Union Road sold “under the hammer”  - after an opening preauction offer of $575,000 – 23 bids later sold $599,500.

This sale capped off a tremendous week for us and should give everyone absolute confidence to discuss with existing listings and new opportunities the selling strategy of auction marketing.

Our success does not = chance/ good luck

Our success = our considerable experience – 26 years through good and bad markets

                        = our dedicated auction administration as daily back up to sales people – we don’t fly in auctioneers/ admin help on “the day”

                        = our attention to providing buyer information that gives confidence to buyers to take an active interest in buying

= knowing how  to work with buyers – prior to and during the auction – to ensure the best results for vendors – do vendors appreciate there is      more skill/ more experience required than placing a few adverts in the PPRess and turning up at Open Homes         

                        = not being shy in advocating that we work  - for vendors

                        = working in the best interests of our vendors - we will accommodate “workins” with other  companies

 = we have the best auction facilities in the Eastern Beaches area.

Ken Ralph

Company Auctioneer 

  

11 August 2012

Congratulations to Christine Stewart with a sale last evening - 200 Bucklands Beach Road – selling “under the hammer” after very competitive bidding at $878,000. Bidding started at the pre auction offer of $810,000 and sold to the pre auction offeree.

Maximising price for our Vendors is our clear obligation – it should be obvious to all that marketing and the selling strategy is so important to maximising price.

We have been auction marketing over 25 years – not in the last 12 months – we know how to maximise price / we have procedures in place / auction listers are backed by an experienced auction administration team.

Ken  Ralph

Company Auctioneer 

 
First Quarter 2012
 
The first quarter of this year has seen a 50% increase (in comparison to a record 2011 year) in our auction listing base as more vendors appreciate the value of trying to achieve a totally unconditional contract rather than spending time and money on conditional contracts where special conditions are often used to frustrate the sales process.  Buyers also appreciate the comfort of being able to buy in a more transparent sales process.
 
There have been many “highlights” - beginning with the very large numbers of people who have attended each of the ten auction evenings held at the premier Bucklands Beach Yacht Club venue – which demonstrates the general interest there is in real estate within our Eastern Beaches area.
 
“Position” properties continue to attract attention – one such property, 5 Marine Parade Mellons Bay, sold “under the hammer” at $1,805,000 – this was a premier cliff top site that overlooked the Howick waterfront and out to a marine landscape, a property that offered exciting future potential. Close to the heart of Howick Village, 82 Uxbridge Road, a very well presented family home with generous living and bedroom options sold “under the hammer” $1,007,500.
 
Traditional brick and tile homes have received attention - 84 Reeves Road, Pakuranga sold “under the hammer” after 36 bids for $638,000. A brick and tile on a full section site at 21 Hutchinson Road Howick offered a genuine refurbishing opportunity and sold “under the hammer” after 21 bids at $482,000.
 
Properties that provide the addition of a minor dwelling have also received a great deal of attention – one property at 37 Nevada Avenue in Pakuranga included a main home of 3 bedrooms plus a quite separate 2 bedroom dwelling, after 27 bids the property sold “under the hammer “ at $781,000.
 
Central Howick has received active buyer interest - we have marketed many homes and it has been noticeable that particularly “refurbished with flair” properties have received immediate attention – 27A Howe Street was but one example selling “under the hammer” at $600,000.
 
Presentation always does count - another example of appreciation for a property that was “freshened up” for the next owner was 96 Mirrabooka Avenue Botany Downs, 3 bedrooms on a full section selling “under the hammer “ at $670,000 and a contrasting location 2 Anna Watson Drive, Half Moon Bay, on a half section site sold “under the hammer” after 29 bids for $507,500.
 
Our current May portfolio of properties indicates continuing buyer activity so we look forward to positive results for our Vendors and quality buying opportunities for our buyer customers.