AREC cancelled due to COVID-19

The big conference to inspire estate agents held annually during winter's quiet listing period, has been postponed due to the new rules regarding gatherings.

The US best seller Ryan Holiday was set to open the Australia Real Estate Conference (AREC) giving insights to the near 3000 attendees from his book topic, Ego Is The Enemy.

The big drawcard was set to be entrepreneur Elle 'The Body' MacPherson who was scheduled to fly in from her Florida base to close the two day June event.

Macpherson, who has recently appeared on the cover of CEO Magazine, was set to provide "insights in to building a brand that transcends the ordinary."

The Killara-born supermodel was in Australia to promote her plant-based supplement brand WelleCo last year.

Entrepreneur Jodie Fox and freestyle skiier Jacqui Cooper were some of the local names among the 43 speakers.

The real estate agents descend on the Gold Coast every year for AREC, which kicked of 23 years ago.

The postponement will affect the bottom line of the listed McGrath agency since it owns Total Real Estate Training, the organisation that provides the opportunity for agents to gain knowledge about best practice and innovative techniques.

Margin Call reckons auctioneer Damien Cooley ought be on any future speaker schedule.

On Tuesday night he pulled off an Australian first when a Bellevue Hill apartment sold under the hammer with no bidders in the auction room.

There were three online bidders, all apparently too timid to turn up.

The vendor, in lock down in Germany, secured a $970,000 sale after 14 bids, slightly above the $950,000 guide from selling agent Elliott Wasserman.

Cooley's AuctionNow platform allows prospective buyers to watch, register, bid, buy and exchange on live property auctions.

The live auction was all over within 20 minutes.

Standby for agents who are inclined to go with the five day online only auction version that allows more time for buyers to consider their bids from the safety of their own abodes.

Or private onsite auctions with bidders keeping their distance from each over.


Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

Arec COVID-19

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