Big Call auc­tion at­tract­ing in­ter­est

Western Suburbs Weekly - - News -

FOL­LOW­ING the suc­cess of their in­au­gu­ral Big Call auc­tion ex­trav­a­ganza last Oc­to­ber, Ca­porn Young are hold­ing the event again in 2017.

This time, in­stead of be­ing held on one day, it will run for the en­tire month of March.

Homes in Cottes­loe, Floreat and Su­bi­aco are among 15 prop­er­ties al­ready listed for sale as part of The Big Call 2017.

Ca­porn Young CEO Richard Young said the The Big Call was a unique and in­no­va­tive event, gen­er­at­ing a huge amount of in­ter­est from buy­ers, sell­ers and the wider com­mu­nity, and proved hugely suc­cess­ful in driv­ing re­sults.

Last year’s event had a 100 per cent suc­cess rate; of the 12 prop­er­ties that were listed for sale, one sold prior to auc­tion, six sold un­der the ham­mer and the re­main­der sold through ne­go­ti­a­tion af­ter the auc­tions.

Mr Young said part of the ad­van­tage of up­com­ing event was that it would har­ness the pow­er­ful mo­men­tum that came out of a col­lab­o­ra­tive ef­fort – with dozens of prop­er­ties pro­moted to­gether and then auc­tioned across an ac­tion-packed month.

"Like most things in life, some­thing that works in syn­ergy is much stronger than the sum of its parts; that's what The Big Call is all about," he said. “The large amount of pub­lic­ity sur­round­ing the event means more ready-to-act buy­ers' eyes on your prop­erty, and more bid­ders com­pet­ing to own it on auc­tion day.

“As a seller, you re­tain com­plete con­trol over the re­serve – the price that the prop­erty will not sell be­low – as well as hav­ing the op­por­tu­nity of a ‘blue sky’ result well above ex­pec­ta­tion.” ■

Happy sell­ers and buyer at the 2016 The Big Call.

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