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Top 5 Reasons Why Gold Coast Vendors Are Choosing Online Real Estate Auctions

By Sandy Davey

Online real estate auctions have been heating up on the Gold Coast in previous years as extended lockdowns prevented face-to-face auctions from taking place. Even now, as things slowly return to normal, online auctions remain a preferred choice for many vendors and buyers, suggesting that this recent shift may be a more permanent one. There’s plenty to love about housing auctions online. Read on to discover the top 5 reasons why these auctions are here to stay and how they can benefit you when selling or buying your home.

You Can Participate From Anywhere

One of the best things about an online auction is that you don’t need to be present to view the home or participate in the auction. As the Gold Coast is extremely popular with interstate buyers, this makes the prospect of buying online much easier as it eliminates the need to travel long distances. Buyers are able to bid from anywhere, whether it’s from their couch at home or at a work desk, furthering the reach from the Gold Coast to the entire country.

You Can Attract More Buyers

As buyers can bid from wherever they are located, it makes sense that your auction is going to attract a larger amount of bids. Without the restraints of time and distance, more interested parties will be able to participate and tune in from anywhere. While there has always been the option to tune in by phone, there’s no denying that online auctions are more exciting and are also particularly appealing to younger buyers looking to purchase their first home.

It’s More Convenient

Let’s face it – the easier something is, the better it is! When you auction your home online, you’re making it easy for buyers anywhere in the country to attend regardless of where they are or what they are doing. By removing the barrier of being onsite, you open up the floor to everyone. Buyers can also bid on multiple auctions in a day when it suits them.

It’s Less Stressful

Without the worry of having to travel to a face-to-face auction, buyers are less stressed and don’t need to make any additional plans. It’s also great for sellers as they don’t need to stress over perfecting their house for visitors and getting overwhelmed in an onsite auction setting.

You Can Save Money

No travel time means that buyers can save money on travel costs. Sellers also don’t need to be charged for any venue hire or extras that may occur as a result of in-room or onsite auctions.

Choose Ray White Labrador and Sell With Confidence 

If you’re in the process of selling a house, Ray White Labrador can help. We have unparalleled expertise in selling property on the Gold Coast and can work with you to devise the best strategies to require the highest price possible. With record sale prices on the Gold Coast, we’ll guide you towards a successful resolution using tailored advice and recommendations based on your property and target market. Give us a call today for more information on online real estate auctions and selling your home.

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