Auctions will be Cairns’ biggest selling method in future

first_imgVideo Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality LevelsAudio TrackFullscreenThis is a modal window. The Video Cloud video was not found. Error Code: VIDEO_CLOUD_ERR_VIDEO_NOT_FOUND Session ID: 2020-09-28:4789480a383ed30f55930b54 Player Element ID: vjs_video_736 OK Close Modal DialogBeginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreen00:00WANT to sell your home quickly and for the best possible price?Consider taking it to auction.One of the city’s leading real estate agents has said Cairns will one day reach the crazy heights of auctions in Sydney and Melbourne, where the majority of homes are sold that way.“The homes we put up for auction definitely sell faster than doing it the old-fashioned way,” RE/MAX principal Tony Williamson said.“And if you list it and it sells the next day, some people might think that’s a great result but it might not be what the market would pay.”Last week eight properties went to auction at the Whitfield chapel, owned by RE/MAX.One sold prior to the auction, two sold that night and two more sold the next day.Mr Williamson said the remaining four properties would sell this week. More from newsCairns home ticks popular internet search terms2 days agoTen auction results from ‘active’ weekend in Cairns2 days ago“No one can question an auction, the agent has demonstrated over four weeks what will be the best a market will pay. The auction is the purest form of real estate, that why deceased estates and mortgagee-in-possession sales are done by auctions,” he said.“It takes the pressure off the sellers too. If it doesn’t go to auction you have to come up with a price, and that is subjected to offers.“With an auction there is no pricepoint, but they do set the reserve on the day of the auction.”He believes Cairns will get to the stage where the majority of sales are via auction.last_img