Coastal offices unite for major auction

Coastal offices unite for major auction

08 March 2016 by James Mitchell 0 comments

A unique auction event will see 12 real estate offices from one area come together to sell 25 properties.

More than 100 buyers are expected to attend LJ Hooker’s inaugural event, with properties on Sydney’s Northern Beaches valued from $500,000 to $4 million.

The Northern Beaches Advantage Auction night will be held on Wednesday March 23 and include properties listed by 12 LJ Hooker offices, including Freshwater, Narrabeen, Palm Beach, Dee Why, Avalon, Newport, Collaroy, Manly, Seaforth, Balgowlah, Mona Vale and Frenchs Forrest.

According to LJ Hooker NSW state manager Ben Mitchell, this is the first time that a cohort of offices has come together in the Northern Beaches for such an event.

“The group of offices from Palm Beach right down to Manly are coming together to showcase, in this tight listing market, some of the finest property that the Northern Beaches and NSW have to offer,” he said.

“The network of offices are the market leaders in the area, selling one in five properties on the Northern Beaches,” he added.

The auction night will also offer vendors the chance to win a Flight Centre travel voucher valued at $10,000 as well as $5,000 and $3,000 Westfield gift vouchers.

Buyers and sellers will also have the chance to win $10,000 cash if they get a free LJ Hooker Home Loan health check.

The proceeds of a donated piece of $4,000 Quorra Jewellery, to be auctioned on the evening, will go to the Bear Cottage.

“The Bear Cottage do amazing work for sick children and their families and we feel privileged to be able to help in a small way to raise funds for such a worthy cause,” Mr Mitchell said.

The auction night will take place at Col Crawford BMW in Brookvale.

The event comes at a time when auction clearance rates in the Northern Beaches are at a high of 80.6 per cent, as indicated by APM Property Data.

[Related: LJ Hooker makes key appointment]

promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2016

With a combined sales volume of $13 billion in 2016, the Top 100 Agents ranking represents the very best sales agents in Australia. Find out what sets them apart and learn their secrets to success.

featured podcast

featured podcast
William Phillips on how agents can expand their database and grow their business

In this episode of Secrets of the Top 100 Agents, host Tim Neary is joined again by William Phillips to discuss the real estate database and...

View all podcasts

Are dodgy agents being punished enough?

Yes (8.6%)
No (55%)
Only in some states (2.3%)
Not all dodgy agents are being found out (34.1%)

Total votes: 220
The voting for this poll has ended on: April 15, 2017
Do you have an industry update?