LAST Saturday I locked the gavel in the holster and set off for a normal Saturday of auction calling.
I was particularly looking forward to an auction I had booked for 11am. The property was in Goodwin Tce, Moorooka. I was familiar with the address as I’d started selling real estate just around the corner in the mid nineties.
I had grown up in the area with mum having owned the local Ray White office for many years and my dad and his family had been well established in Citrus St, Moorooka since he was a boy more than 60 years ago.
While we have now all moved away from the area, heading back to Moorooka is always a nostalgic journey.
When I arrived I went through the normal meet and greet. I mentioned my strong affiliation with the area and asked them whether they had ever met my mum or dad.
“Denis Cush?” the owner asked.
“Of course I know Denis, we did Cubs together in the fifties.’’
Of course he did. How do these blokes have such incredible memory recall?
The owners, Helen and Gary, went on to tell me the story of the sale. The home had been Gary’s family house and Helen lived over the back fence. In their youth, after a time away from the family home, Gary had moved back to Goodwin Tce after becoming engaged. A young Helen was living over the back fence and as fate would have it the back gate between the two properties served as the beginning of a loving relationship that still stands today. No more mention of the aforementioned fiancee.
The time had now come to sell. Their children had all grown up, their mother now passed and the grandkids were well into their teens.
So as with any property that is full of memories, it was an emotional day. The home had seen better days and was likely to sell to a builder or renovator. In a central position, it was an excellent offering and a strong example of the value that Brisbane still offers within the 10km ring of the city. With a modest start of $400,000, bidding quickly escalated from the three registered bidders. Bidding paused at $518,000, lower than my approved reserve, so it was time to negotiate between the parties.
We do this during the auction in Queensland because we don’t automatically give our highest bidders the first opportunity to buy the property after the auction.
I talked through both parties expectations and they agreed it met at $560,000. With the buyer now increased to $560,000 and the property officially ‘on the market’ I offered a further buying opportunity to the others bidders, before selling the home under the hammer.
With tears, hugs and kissing all around, I said my goodbyes, told them I’d pass on their best wishes to the old man and headed off to my next auction.
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