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A Melbourne start-up has developed an app that allows consumers to follow auctions, either live or on demand, from anywhere in the world.
The Gavl app makes it possible for potential buyers to ‘virtually’ attend the dozens of auctions held across Australia in a single weekend.
In the first month of its launch, more than 100 real estate agencies in Australia and New Zealand used the platform. The app has been downloaded by users in 12 countries and clocked almost half a million auction views.
“Consumers are able to search for auctions on the site in nearly 10 ways, including by price, auction status or suburb, and look at the bidding history of those that have already gone under the hammer,” Gavl’s CEO, former Hawthorn AFL player Joel Smith, said.
Mr Smith said he is working on adding live bidding to the platform.
“We are close to finalising features for the app that will give agents the ability to allow their buyers to communicate bids from the app while watching the live stream.”
Also in the works are features such as digital exchange of contracts, a currency converter and bidding history analytics.
Gavl is available on all of iOS, Android and gavl.com.au.
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