Noosa News
Going, going, gone: Hot property market causes auctioneer shortage
Friday March 26, 2021
The seller frenzy amid the gung-ho Gold Coast property market has triggered an unusual new problem – a shortfall of auctioneers to deal with the number of properties going up for bidding.
The Gold Coast has more auctions than auctioneers this week as the property market heats up (image: realestate.com)
With around 70 auctions listed for the Gold Coast for this week to Sunday, according to SQM Research, auctioneers are scrambling to keep up with demand.
Ray White Surfers Paradise CEO Andrew Bell said the trend in the current pumped-up market came as sellers were…
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