The Auction Company in South Melbourne, Victoria | Auction house

The Auction Company

Locality: South Melbourne, Victoria

Phone: +61 433 880 110

Address: Level 10, 356 Collins Street 3000 South Melbourne, VIC, Australia

Website: http://www.theauctioncompany.com.au

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• Auction house

24.01.2022 Like so many others, the Real Estate Institute of Victoria [REIV] has pivoted, with the annual senior auction comp taking place online tomorrow! While they might not be real auctions, we strongly believe that participating in auction comps helps make us better at the real thing. We’ve been keeping our skills sharp through the COVID off-season and are looking forward to competing tomorrow. Wish us luck!

15.01.2022 Preparing for the REIV’s annual senior auction comp has been a great way to keep the auction skills sharp during the COVID lay-off, and it was a pleasure to take part last week. If you’re interested in how a competition auction works, check this out as we await the results this week! Real Estate Institute of Victoria [REIV]

10.01.2022 Online auctions are here to stay, though they’re in no way an alternative to on-site auctions. Nothing beats the excitement, the buzz of the crowd, the interplay between auctioneer and bidders, and the emotion that comes when the action is done and the property is knocked down to the successful bidder. But, as an additional weapon in our auction arsenal, online is a powerful tool that stands to benefit parties on all sides of the transaction agents, their vendors, and buyers. Thanks to Commercial Ready for the feature, stay tuned for more!

09.01.2022 With November kicking into gear and following some questions and queries from our clients about online auctions, we thought we’d summarise our observations and thoughts to clarify what services and options are out there, plus open the door to any questions that could assist you and your team with the planning your upcoming auctions. While you’re reading, keep this in mind: online auctions are here to stay. Not as a replacement for on-site auctions but as an additional tool to improve our sales outcomes. We believe it’s time to embrace online innovation and utilise it to our advantage. Read more...

05.01.2022 The further relaxing of COVID restrictions by the Premier yesterday is more welcome relief as we head towards the end of the year. The major change is that a 50/20 rule now applies to all auctions. This means a maximum of 50 people outdoors, or 20 people indoors, plus the agency and auction team. Face mask regulations have also been loosened with no masks required outdoors, as long as the social distancing rules are adhered to. And this is the key we must continue to adhere... to the rules or risk fines, or even worse, another lockdown. Don’t forget: - COVID protocols are to be followed which include hand sanitiser onsite and registration of all attending parties with record of their details for contact tracing purposes. - Online, phone and on-site auctions can now be amalgamated to provide options to your vendors, buyers and your teams to ensure anyone who wishes to participate, can do so. For more information regarding online or phone bidding, registration, access to our forms and assistance to prepare your team and vendors for a new way to auction, please don’t hesitate to get in touch and we look forward to assisting you.