Market Wrap: Cooley Auctions ramps up for the spring selling season

The residential real estate market has maintained stability over July remaining relatively unchanged since our last market report. July saw 288 auctions go under the Cooley Auctions hammer and we achieved some good results. However we have noticed that buyer activity at auctions is a little tighter, which is in line with agents reporting fewer buyer enquiries at open house inspections.

We are already seeing the volume of auctions substantially increase for the first week of September, indicating that sellers are holding off to capitalise on the spring selling season. I believe that spring will be very rewarding and we are expecting a strong volume of auctions and a strong clearance rate, that may prove to be better than what we are currently experiencing. As July came to a close we had an outstanding night at the Double Bay Auction Centre selling 10 out of 10 properties. Our market is still in good shape and there’s no immediate reason for it not to perform well this spring. more info.

Cooley Auctions plays a starring role in TV’s Under the Hammer

As many of you will know we’ve had a very exciting month in the media. We had the fantastic privilege of participating in Channel Seven’s new documentary series Under the Hammer that premiered on Monday 26 July.

When Channel Seven approached us to see if we would like to feature in the series we jumped at the chance because we knew it would be a fantastic opportunity to dispel some of the myths and fears around the auction process, as well as promote its many benefits as a method of sale. more info.


List. Sell. Negotiate - Real Estate Sales Conference: Tuesday 24 August 2010

Drive brilliant results and polish your skills in this year’s fastest paced, highest relevant training program delivered by stand-out sales professionals from across Australia.

Learn from a strong line up of the industry’s leading, fresh and dynamic sales people, coaches and managers.

Be exposed to their contagious level of energy as we explore the simple systems, philosophies and approaches to incredible business success across Australia. more info.

Australasian Auctioneers Convention 2010: Monday 16 August 2010

The Australasian Auctioneers Convention promises to be Australia's most energising one day event in the auctioneering calendar.

Each 'hand-picked' speaker will provide insights regarding all aspects of auctioneering success. You will hear from the top auctioneers in Australasia who will share their knowledge and experience, as well as have the opportunity to interact with other leading auction delegates from around the country. more info.

Cooley Auctions makes the finals in the REINSW Awards for Excellence competition

Cooley Auctions proved it could walk the talk this month when Director Damien Cooley and Auctioneer Charlie Powell made the finals in the REINSW Awards for Excellence Auctioneers Competition.

Taking out another top position, Damien also made the finals in the John Greig OAM Community Service category.

As a finalist in the auctioneers competition Damien, along with one other NSW finalist, has been selected to represent NSW and compete in the Australasian Auctioneers Competition to be held in New Zealand on 14 and 15 September 2010. more info.