PHOTO: REB auctioneer finalist James Pratt
Three-time REB auctioneer finalist James Pratt is set to make a new industry precedent in April, when he will conduct a live cryptocurrency real estate auction, thought to be a first for Australia.
Mr Pratt, CEO of James Pratt Auctions Group, will collaborate with international firms NuYen Blockchain Corp and Binance to offer interested bidders the opportunity to purchase a luxury beachfront property on the NSW north coast, using either bitcoin or Binance Coin cryptocurrency.
The property, dubbed “the Jetsons house” because of its futuristic style, comes with a price guide of 700–800 bitcoins, equivalent to $3.5 million.
LJ Hooker Kingscliff’s Nick Witheriff is the local listing agent.
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