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You’ve heard of auction events … but nothing quite like this one!

By Rachel Devery

Put the date in your calendar; the 23rd, 24th, and 25th of January! Be there when Ray White Catanzariti Family Group make real estate history!

Things are heating up this summer at Ray White Catanzariti Family Group as the team prepare for their 2023 Auction Summer Series. While the Gold Coast real estate market is braced for many in-room auctions in the New Year, the market has never seen an auction event quite like this one!

The Ray White Catanzariti Family Group’s Summer Series is an online auction event; a culmination of one of the largest property marketing campaigns The Group has ever put together, the Summer Series is expected to bring together an unprecedented number of buyers and sellers in the one interactive space. Making its mark in real estate history, it will be the biggest online auction event that Queensland has ever seen!

Scheduled for January, the highly anticipated event is expected to jump start the real estate market on the northern Gold Coast in 2023. Taking place over three exciting days on the 23rd, 24th, and 25th of January, the team will come together to showcase some of the best properties that the northern Gold Coast has to offer. According to Gavin Croft, Ray White Queensland’s Chief Auctioneer, The Catanzariti Family Group’s Summer Series event will be an exciting time in real estate.

‘We get to represent some of the finest properties,’ he said.

Well over 50 sellers will be offering up some of the region’s best-kept secrets, and the Ray White Catanzariti Family Group are pumped to achieve maximum results with prices between $450,000 and $2 million expected to be achieved under the hammer.

The Summer Series is expected to draw a competitive crowd of buyers that will set the buzz of a truly electric buying atmosphere. Registered buyers that missed out in the 2022 boom will be emerging from the shadows, ready to push their financial boundaries at the auctions, determined to put their best foot forward and not miss out!

The event is also anticipated to align well with the fabulous Gold Coast weather, and with the arrival of curious and cashed-up holidaymakers. The Gold Coast really shines in January with its world class beaches, long summer days, and relaxed cosmopolitan lifestyle on full show. This is expected to drive up buyer demand, with many eager tourists already registered to partake in the Summer Series auctions, prepped to snatch up their piece of the glitz and glamour of the northern Gold Coast.

When it comes to the question, to auction, or not to auction, the results are the drive behind Ray White Catanzariti Family Groups creation of the Summer Series event. According to data from Ray White Media, 85.9% of properties listed via auction successfully sold at auction. The data also indicated that only 71.4% of private treaty sales occurred within 90 days.

‘Auctions increase buyer pressure and drive up prices in a very short time frame,’ said Peter Catanzariti, Director of the Catanzariti Family Group.

In a virtual space, online auctions place properties in front of the right buyers at a local, national, and international level, creating a high-energy environment, and offering unprecedented selling potential. Powered by humanised technology, sellers will relax at home as a live professional auctioneer engages with competitive buyers, elevating properties to achieve the highest possible reach of the market. Having performed more than 300 online auctions this year alone, The Ray White Catanzariti Family Group are the true industry leaders when it comes to online auctions, and they have paved the way towards a world class experience for clients.

‘Our family-orientated sellers and buyers have enjoyed the online auction process as they have been able to enjoy watching the bidding from the comfort of their homes or workplaces,’ Peter said.

‘They can have family and other decision makers present with them and be in a familiar and comfortable environment while making massive life-changing decisions.’

Whether you are a buyer or seller, according to Gavin Croft, the Ray White Catanzariti Family Group’s Summer Series is exciting real estate news and is an event not to be missed.

‘Put the date in your calendar,’ he said, ‘and we look forward to seeing you there’.

If you are interested in having your property be represented in the Summer Series auctions, or would like to register for bidding, please contact our team for more information.

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