Gavl secures Block NZ buyer from comfort of home

Gavl secures Block NZ buyer from comfort of home
Gavl secures Block NZ buyer from comfort of home

The Block NZ season finale saw a buyer place a winning bid on one of the renovated properties via the real estate auction app, Gavl.  

It enabled the buyer, Mike Wyeth, to secure the property from the comfort of his home, which went under the hammer for $921,500.

The live grand final of Three’s The Block NZ was a first for any reality television show in Australia and New Zealand for an absentee buyer winning while watching from their own home. 

Gavl (gavl.com) is the world’s leading platform for real estate auction live streaming and bidding and the official digital auction partner for season seven of The Block NZ.

One of the renovated properties on the program – 25 Frances Bryers Road in Hobsonville, Auckland – attracted four registered bidders as they bid online through Gavl. 

During the live auction, Gavl representatives at the auction site announced the bids of all registered online Gavl bidders.

Gavl bidders watched the auction live through the app and were able to see the current bids displayed on their screen. 

Following a bidding war between the buyers in the room and those bidding via Gavl, the property sold under the hammer for $921,500 to a buyer through Gavl.  

Earlier in the evening two bidders via Gavl went head-to-head on Amy and Stu’s property, before it was knocked down to a buyer in the room.

Gavl’s live auction bidding function enables property buyers to watch and make bids at auction in real time from anywhere in the world – giving sellers a broader auction audience.

It’s patent-pending platform is the only available technology dedicated to the real estate industry that live-streams events with a one second latency – including Facebook Live.

 

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