How To Auction - 4 Aurunta St, Buddina Goes $50K Above Reserve

 
Published on Feb. 19, 2012
Category: Travel & Events
Source: Youtube

This is an excellent example of an ideal auction where competition organicially dictates the price. The property was an old beachside property at buddina in desperate need of a renovation. With a a four week marketing campaign, 7 registered bidders and a whopping 74 bids called, this property opened at $200,000 and sold under the hammer for $375,000. Every $500 bid made a difference to the final sale price. The auction was called by Award winning auctioneer Jason Andrew from Jason Andrew Auctioneers. Yet another fantastic result by Mark McGill, Sales Architect and the team at Amber Werchon Property