Alert Level 2 no obstacle for red-hot Christchurch auctions

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The introduction of Alert Level 2 restrictions was no obstacle for auctions in Christchurch as six properties sold under the hammer for an auction day clearance rate of 75 per cent.
 
“We’ve been in this position before, so we’re well versed in still delivering the highest level of customer service to our consumers in a safe and effective environment,” said Ray White New Zealand South Island Regional Manager Jane Meyer.
 
“We’re fortunate to still be able to conduct in-room auctions with physical distancing of two metres and maintain this spacing at all times between the different bubbles.

“We also reverted back to staggering all the auctions out to avoid a crowded room and we ensured that contact tracing was also back in place.
 
“I have to commend our teams for pivoting back to Alert Level 2 restrictions in an instant and it was essentially business as usual with no sign at all of the market slowing down at all. We still saw multiple buyers competing and great prices were still achieved for our vendors.”
 
It was a great day for Ray White New Brighton Salesperson Holly Jones in particular, as she sold all four of her properties under the hammer for a combined value of NZ$1,959,000.

Ms Jones successfully managed the sales of 38 Springbank Street (above) in Bryndwr for NZ$527,000, Hoon Hay’s 58 Greenpark Street for NZ$500,000, 40 Browning Street in Sydenham for NZ$467,000, and Woolston’s 104 St Lukes Street for NZ$465,000.
 
“Momentum is a powerful thing in the property world and there’s no doubt the market has that in spades right now – buyers have been undeterred by Alert Level 2 restrictions,” Ms Jones said.
 
“Bricks and mortar have and always will be an essential commodity for buyers and confidence is still there for all to see – the unconditional nature of auctions is more appealing than ever.”