PHOTO: 2/47 Paxton St, South Kingsville, sold via an unusual email auction. Source: Supplied
Selling homes in the COVID-19 period calls for creativity. And with on-site auctions temporarily banned, an agent in Melbourne’s southwest opted for an unusual method to ink a deal.
A keyboard has replaced a gavel at the unusual auction of a South Kingsville townhouse, in which three participants bid over email.
While the sale price achieved by 2/47 Paxon St is undisclosed, it’s understood the e-auction netted a figure just above the $650,000-$700,000 quoted range.
Greg Hocking Elly Partners auctioneer Mark de Brabander said plans to send the three-bedroom pad under the hammer this weekend had to be scrapped when the Prime Minister outlawed on-site auctions to aid the fight against coronavirus.
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