The Event is the holy grail of auctions and it happens every January in the Gold Coast. Greg Bell, the Director of Ray White Surfers Paradise, talked about the biggest auction of the year that garners thousands of potential buyers and sellers from all over Australia.
The Event has been a phenomenon for Ray White Surfer's Paradise for over 20 years. Bell, talked about what makes this event special and how it can offer the chance for vendors and buyers to get the very best out of their auctioning experience. It doesn't matter if you are living on the Gold Coast or just there for a visit, it caters to everyone interested in buying, selling or investing.
Bell says the reason behind scheduling The Event every January is simple – the swarm of people that visit the Gold Coast in summer. From Boxing Day through to February, the Gold Coast becomes the most popular tourist destination in Australia. Good weather seduces buyers to the property market and having The Event at that time of years allows everyone from all walks of life to be exposed to the property market like never before.
Summer is also the best time to showcase your home at it's finest because the weather will make your property shine in photos. It also gives you a good gauge of the market if your home does not sell. Due to the fact that it is peak selling time, its a great chance to learn from other sales happening around your area and how to cater to the market.
If you are planning on selling, having your property exposed to over 2,000 buyers is the best exposure you will ever get. It gives a gauge of the real estate market especially in south east Queensland. On 29 January 2017, The Event focuses on mainly residential properties, with a commercial property auction happening on 16 February 2017. It also creates an incredible atmosphere for vendors and the competition and energy in the room is palpable. When you walk into a room of over 2,000 potential buyers with one thing on their mind, there is a real sense of combined purpose.
Buyers have a unique opportunity to be exposed to the best properties on the Gold Coast in a single day. Bell says that the offers are cash unconditional and that buyers have to do their homework first. They need to come prepared with a loan pre-approval and all the documentation that would support them in a successful bid. Again, people come from all over Australia to participate in the day and it is a unique opportunity for them.
The Event is not only for first home buyers but for people wanting to buy investment properties. Knowing that the Gold Coast is a popular destination, investment in this area is very attractive for out-of-towners. They have the choice between living in this popular destination or renting it out to residents.
Greg Bell has had 39 years of experience in the property market and together with his team at Ray White Surfers Paradise they have created an Event to rule all others. Check out Ray White Surfers Paradise properties today and surf the properties that you might be interested in. The keys steps are to prepare yourself, get your finances in order and then get ready for the biggest Event of 2017.
For property listing or advice about preparing for an auction talk to the team at Ray White Surfer's Paradise today.