Buyers out in force at The Day auctions
Ray White A T Realty saw more than $27 million in property sold under the hammer at their in-room auction event The Day yesterday.
The seller, Angeline O’Meara, said she was a bit nervous about going to auction with a $1 reserve, but trusted her agents’ advice.
“Both Charlie and Liam had prepared us for what to expect - what the environment would be like, how it would look, and how they’d make sure we were well-informed,” Ms O’Meara said.
“The terminology they used isn’t something we use every day, so we had to really trust them that they had us covered.
“Oh my gosh, it was very hyped - it honestly felt like we were at the races! Everyone was on the go the whole time; the energy was high and the vibes were great.
“It was scary, but right from the beginning, we trusted Charlie and Liam. We could tell from our early interactions with them that they’d look after us through the whole process.
“Their communication was really clear, there was no hidden agenda, and that gave us huge reassurance.
“So yes, the $1 reserve was scary, but it was a great outcome in the end.”
The top result for the day went to marketing agents Ajmer Singh and Rojan Bhattarai who sold 345 Mill Road, Ardmore, under the hammer for $2.025 million.
The auction with the most bids was for Fatima Ali and Ria Agulto’s auction at 11 Mitchell Street, Blockhouse Bay, which saw a whopping 90 bids over 13 minutes.
With 8 registered bidders, bidding started at $1 million before eventually selling under the hammer for $1.225 million.
Ray White A T Realty director Tom Rawson said the 11th instalment of The Day was a huge success
“There’s a reason we back auctions,” he said.
“When buyers are in the room, things happen - one missed out in the morning and bought that afternoon.
“That’s what The Day is all about: momentum and opportunity.”