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Leading Real Estate Agent Ray White Smithfield Plans First Major Property Auction Gala After Covid

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July 27
16:01 2021
Leading Real Estate Agent Ray White Smithfield Plans First Major Property Auction Gala After Covid

Like many businesses, not just here in Queensland but around the world, the real estate agent team at Ray White Smithfield has faced plenty of challenges over the last 18 months.

The pandemic may well have curtailed buying and selling in many parts of the globe, but it hasn’t stopped prime locations like Cairns and Port Douglas on the North Queensland coast, attracting property investors.

Golden beaches, clear blue skies and a relaxed lifestyle all make this a dream place to live. It’s why Ray White’s first full gala auction in more than a year is taking place here at the end of August and why buyers are already queuing up to potentially bid on the properties.

The Lure of Waterfront Properties

According to the Principal and Director at Ray White Smithfield, Joseph Indorato, there’s a lot of interest in prime waterfront locations with ocean views and plenty of surrounding land at the moment.

“Auctions have become increasingly popular across Australia in recent years and generally deliver better results for sellers,” says Jo. “Rather than setting a price for a property, the market decides with potential buyers attending events like this from all over the country and bidding in a short period. It’s not uncommon for a property to go through to sale in a couple of weeks and for a much higher price.”

There’s no doubt that the Ray White Smithfield auction planned for 22nd August will attract a lot of interest. Cairns and Port Douglas, and other prime locations such as Trinity Beach are some of the most sought-after places to live.

More than 850,000 tourists worldwide visit there each year, drawn by the excellent weather and golden beaches. The region is famous for its seafood restaurants and has one of the highest standards of living in Australia.

The Growing Popularity of Property Auctions

One of the key factors that make auctions like this run by Ray White Smithfield is creating a sense of urgency with buyers. There’s a limited window to bid for a particular home, and the team believes that they can sell up to 80% of the properties on their books within 14 days.

The company already has several beachfront properties ready to sell in anticipation of the July gala auction but are always looking for more. Sellers can be sure of getting a good level of service – they set the reserve price, the terms of deposit and settlement period and stay in control.

To add more support for buyers, Ray White Smithfield have their specialist loan market broker ready to pre-qualify those needing finance.

“We make sure that the seller is kept fully informed about market prices,” says Joseph Indorat. “As a family-owned business with more than 100 years of experience behind us, we’re well known in the Queensland area and our team of realtors and support staff are second to none.”

Out of the last five years, Ray White Smithfield has won agency of the year awards and their success is largely based on a strong and targeted marketing strategy towards Smithfield Real Estate. That’s why they attract sellers who want to put their property on the market and buyers from all over Australia.

The Cairns and Port Douglas Waterview and Waterfront Property Auction will take place on Sunday, 22nd August 2021 at the Bluewater Tavern from 10:30 am. For more information, whether you are buying or selling, contact the team at Ray White Smithfield.

Media Contact
Company Name: Ray White Smithfield
Contact Person: Media Relations
Email: Send Email
Phone: +61 (7) 4038 9200
Address:Unit 8, 2-4 Stanton Road
City: Smithfield
State: QLD 4878
Country: Australia
Website: https://raywhitesmithfield.com.au/