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Behind the Scenes at a Successful Online Auction

Behind the Scenes at a Successful Online Auction

Today we’re going to take you behind the scenes at one of our successful online auctions. 1 Elkana Place is a stunning double-storey family home in the heart of Wishart. A beautifully designed masterpiece of a home, we knew it was going to create a stir in the marketplace. Watch this video for an idea of the process, the energy and the people behind the scenes at our online auctions.

Below we have a transcript from the video, detailing exactly how it unfolds! Remember if you have any questions about real estate in Brisbane and want to talk to The Henry Wong Team® about the ‘Your Next Chapter’ framework, don’t hesitate to get in touch!

Henry Wong:

Hi, I’m Henry Wong for Harcourts Beyond. We’re here today for the auction for 1 Elkana Place, Wishart, and so far we’ve had a lot of interest. So, in 20 days, we’ve had 53 groups coming through and we also had 70 Facebook inquiries, so thanks to everyone who had an interest in this property. And by the way, the first registered bidder that puts their hand up, gets this lovely bottle of Moet. So, best of luck to all the registered bidders. Why don’t we come through and have a sneak peek?

Henry Wong:

These are the registered bidders that we’ve had so far, and we’re still waiting on some more. So anyways, stay tuned, and let’s see how this rolls.

Christian Hamilton:

Hi. Christian Hamilton here, chief auctioneer of Harcourts Queensland, and I’m with Henry Wong and the team here at Harcourts Beyond. And we’re just about to get underway with our auction at 1 Elkana Place in Wishart.

Christian Hamilton:

Currently, Henry and the team are sitting at a clearance rate of 87.5% for their online auctions. We’re expecting a sale under the hammer here today, so expecting that clearance rate to climb even further north. Certainly the highest clearance rate out of any agents that I get to work with. But not only here, within the Harcourts Group, but I would suggest across the entire Queensland market.

Christian Hamilton:

So again, a huge testament to Henry and the team and what it is that they do. I believe that their high clearance rate comes from the work that they do with their buyers, the relationships that they build with them within the marketplace, but also the huge social media following that they have. This property alone with over 70 Facebook inquiries within just 20 days on the market. Looking forward to a cracking auction, and we’ll give you the results shortly.

Christian Hamilton:

Maria, how are you?

Henry Wong:

Hello. How’s it going?

Maria:

Very good, thank you.

Christian Hamilton:

So we’re about to start the auction. We’ve got nine registered bidders.

Henry Wong:

You have the link okay? We emailed you the link as well.

Maria:

Yep. All right then. Thank you.

Christian Hamilton:

One of the great selling features, as you can see here on this first photo, is the magnificent frontage of the property that we’ve got there, ladies and gentlemen. A very wide frontage, a great commanding presence from the street. A nice two-storey home that’s got a lot of multiple formal and informal living areas, as you can see.

Christian Hamilton:

Opening bidder offer for the bottle of Moet. Who’s going to start us away?

Henry Wong:

650.

Christian Hamilton:

At $650,000.

Speaker 4:

At 700.

Christian Hamilton:

$700,000 and it’s strong place.

Henry Wong:

710.

Christian Hamilton:

$700,000 and should we go 725? 730,000-

Speaker 4:

740.

Christian Hamilton:

740, and I’m pretty certain there now at 750, ladies and gentleman.

Henry Wong:

760.

Christian Hamilton:

A strong pla,. 770-

Speaker 4:

780.

Christian Hamilton:

780, on my left.

Henry Wong:

790.

Speaker 4:

802.

Christian Hamilton:

Eight going and through.

Speaker 4:

810 with bidder eight.

Christian Hamilton:

Are we going at 810? Once-

Speaker 5:

818.

Christian Hamilton:

  1. 818, appreciate it there. 823, we are selling. Sold. Congratulations and well bought.

Christian Hamilton:

To our buyers, congratulations, very well bought, very well fought. For the rest of our bidders, thank you so much for your participation.

Henry Wong:

Hey Maria, this is Henry and everyone at Harcourts Beyond.

Speaker 4:

Congratulations.

Maria:

I know. Unexpected but good.

Harcourts Beyond Staff:

Congratulations!

Henry Wong:

So we had a great outcome today at 1 Elkana Place, Wishart. Altogether, we had nine registered bidders, and I just wanted to say thank you to everyone that has showed an interest in this property. The neighbors, all the buyers, and definitely everyone that follows us at the Henry Wong Team on social media. We’ve had 70 Facebook inquiries, so thank you so much. You’ve contributed to the nine registered bidders. So, great outcome, very happy sellers, and very happy buyers.”

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