Di Jones runs live-streamed auction just hours before onsite auctions banned

Di Jones runs live-streamed auction just hours before onsite auctions banned nmprofetimg 1641
Di Jones runs live-streamed auction just hours before onsite auctions banned capi f0e1844314ceb97e313a05793015e152 9ba22e4f1e33e406659101943db0a798

Sold at auction – 97 Dartford Rd, Thornleigh.

All eyes were on an original timber cottage in Thornleigh on Tuesday night as boutique real estate network Di Jones staged its first live-streamed auction.

It was run in tandem with an on-site auction at the property at 97 Dartford Rd – and took place just a few hours before the national press conference at which Prime Minister Scott Morrison banned public open for inspections and onsite auctions.

MORE: Auctions banned: what it means for sellers

Bidders ready for virtual Baulkham Hills auction

The ban, which takes effect at midnight (March 25), will push all auctions to live-streamed models and inspections by private appointment only.

Di Jones Northern Suburbs – Beecroft agents Amy Kaslar and Rob Matheson decided to bring the auction of 97 Dartford Rd forward in response to strong buyer interest – even though it had only been on the market for 12 days.

Di Jones runs live-streamed auction just hours before onsite auctions banned capi f0e1844314ceb97e313a05793015e152 eca39fe7719421772abd4797bb366edb

The home is original but immaculate.

Di Jones runs live-streamed auction just hours before onsite auctions banned capi f0e1844314ceb97e313a05793015e152 459a2877d288ed64324c6d948f8c1f00

The kitchen.

The auction had been scheduled for April 4. It was the first time the property had been offered for sale in 68 years.

Ms Kaslar said they had showed 43 groups through the home in the lead-up to the auction, which was held on-site and live-streamed using the AuctionNow platform. Most of the interest came from young families.

About 40 people – all mindful of the need for social distancing – attended the 7pm auction in person, and about 35 signed in to watch online.

Di Jones runs live-streamed auction just hours before onsite auctions banned capi f0e1844314ceb97e313a05793015e152 d87c83a63ad0118270ad51d74d4d8bcb

The dining room.

Di Jones runs live-streamed auction just hours before onsite auctions banned capi f0e1844314ceb97e313a05793015e152 fd590a2c6b02f93c4fc8c37d1cb2369c

The backyard.

There were nine registered bidders, and after about 14 bids, the three-bedroom cottage on 696sqm sold under the hammer for $1,420,000 – well above the price guide of $1,100,000-$1,200,000.

Ms Kaslar said it was a strong sign that there was still confidence in the market despite the coronavirus crisis.

“To pull that together and get that price in 12 days was amazing,” she said.

“It all went very smoothly (the live-streaming process) – it was quite simple.”

Di Jones runs live-streamed auction just hours before onsite auctions banned capi f0e1844314ceb97e313a05793015e152 80f4f9cd482ec05a3560e099a937694b

The original bathroom.

Di Jones runs live-streamed auction just hours before onsite auctions banned capi f0e1844314ceb97e313a05793015e152 85bd74acd8bba1a4735678a455c0398f

There are three bedrooms.

Di Jones auctioneer Josh Larsen agreed the live-streamed auction had been a success.

“I thought it went really well and people were really comfortable with it,” he said.

“We’re so well equipped for it and it’s a matter of using the tools we have and just moving along with it.”

HOT AUCTION  Di Jones runs live-streamed auction just hours before onsite auctions banned capi f0e1844314ceb97e313a05793015e152 56ec6d3c1665086ce828e1e61befafbc

Auctioneer Josh Larsen pictured at the auction of 6/10 Hazelbank Ave, Wollsontecraft, on February 8. Crowds like these have since been banned.

HOT AUCTION  Di Jones runs live-streamed auction just hours before onsite auctions banned capi f0e1844314ceb97e313a05793015e152 862e6cb16c3cce5f3d2c8d087aa011d1

Mr Larsen in action at a Mosman auction on September 7.

He will be leading a number of live-streamed auctions for Di Jones this weekend and said he was confident buyers and sellers would adjust to the new way of doing business.

“People do find solidity in bricks and mortar and people need a place to live and that won’t change,” he said.

Ms Kaslar said they were still seeing positive signs in the marketplace.

“There’s still serious buyers out there looking,” she said.

SIGN UP HERE FOR THE NSW REAL ESTATE NEWSLETTER