Archive | Auctioneering

North Shore’s Snell prevents total Cantabrian cleanup at auctioneering competition

Christchurch contestants took out 3 of the top 4 awards at the Real Estate Institute’s auctioneering competition in Auckland this week.

Ned Allison (Harcourts Grenadier) won the senior competition and Mark McGoldrick (Harcourts Canterbury, Ilam) was runner-up. They’ll represent New Zealand at the Australasian auctioneering championships in Adelaide in September.

In the “rising stars” competition for the Colin Brown Memorial Cup, Tim Snell (Harcourts Cooper & Co East Coast Bays, Auckland) won and Caleb Griffioen (Gold Real Estate, Christchurch Parklands) was runner up.

The annual championships drew 21 senior entries and 18 for the rising stars contest.

Real Estate Institute chief executive Bindi Norwell said the competition was wide open as the reigning champions didn’t enter.

Attribution: Institute release.

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North takes auctioneer title again and Steele best of the newbies

Harcourts auctioneer Andrew North (left in photo) won his third national Real Estate Institute auction competition this week, repeating his successes of 2013 & 2015, and will represent New Zealand in the Australasian auctioneers competition, which he won in 2014.

Sam Steele (right in photo), of Harcourts Four Seasons Realty Ltd in Christchurch, won the Rising Stars competition.

2 other Harcourts auctioneers, Robert Tulp & Aaron Davis, were finalists in the senior competition, along with former winner Daniel Coulson of Bayleys. Mr Coulson spent 3 years at Harcourts before moving in 2011 to Bayleys, where he’s now national residential manager as well as its main auctioneer.

Mr North, a 30% shareholder in North Shore agency Cooper & Co Real Estate Ltd and auctioneer for 16 years, has made the competition final 10 times out of 11 attempts. He puts in hours of preparation every time he competes, practising timing and fast & complex calculations: “A competition auction is the most challenging & stressful auction you will ever experience. Over the years I’ve learnt to take everything in my stride. I know the rules inside & out and there is not much that fazes me anymore. Competing has made me a better auctioneer.”

Rising Stars contestants must have called fewer than 10 auctions in their career. Mr Steele, who’s competed internationally as a track cyclist, joined Harcourts on a scholarship 3 years ago said he used the discipline he learnt as a sportsman in his auction calling: “I’m used to being nervous & under pressure. It’s about channelling that energy into your performance.” He’s also mentored by the legendary Christchurch auctioneer Phil McGoldrick and attends bi-weekly sessions with other Harcourts auctioneers in the city to practise drills.

Harcourts chief executive Chris Kennedy said he was immensely proud of both champions: “At Harcourts, we put a lot of time & effort into developing our auctioneers. Our more senior auctioneers work with up & comers to train & mentor them. There is a lot of cameraderie & support, and I’m pleased to say it’s working. We receive more industry recognition awards nationally & internationally than any other real estate group in New Zealand.”

Attribution: Agency release, online searches.

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North recaptures auctioneering title

Andrew North has won the Real Estate Institute’s national auctioneering championships after 2 days of competition at the Alexandra Park Function Centre in Auckland.

Mr North, from Harcourts Cooper & Co Ltd on the North Shore, won the Australasian title last year and will defend that title in Melbourne late this year. He also won the New Zealand title 2 years ago.

Another Harcourts auctioneer, Sam Walmsley, also of Harcourts Cooper & Co, was named the 2015 rising star.

13 of the 25 competitors for the national title and 4 of the 12 contesting the rising stars title were from Harcourts.

Attribution: Agency release.

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North wins Australasian auctioneering contest

Published 24 October 2014
Andrew North, of Harcourts Cooper & Co in Auckland, won the final of the Australia & New Zealand estate institutes’ auctioneering championship yesterday in a 5-way contest.

The field was whittled down from 16 contestants on Wednesday, representing the real estate institutes of the Australian states & territories and New Zealand.

In the final, Mr North beat Daniel Coulson, of Bayleys in Auckland, Harry Li (Victoria), Justin Nickerson & Jason Andrew (both Queensland).

Mr North has been an auctioneer for 15 years and won the New Zealand title last year.

Attribution: Real Estate Institute release.

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Queenslander wins auctioneering contest

Published 17 September 2010

Queensland auctioneer Jason Andrew became the Australasian Real Estate Institutes’ auctioneering champion on Wednesday, taking away a trophy New Zealand auctioneers have won for the past 3 years.

The championship was held at the Aotea Centre in Auckland this week and drew a field of 13 auctioneers representing each of the Australian states & territories and 2 New Zealand contenders, Chris Kennedy (Epic Realty Ltd, Harcourts, Dunedin) & Robert Tulp (Cooper & Co Real Estate Ltd, Harcourts, North Shore).

The runner-up was Damien Cooley from New South Wales.

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Attribution: Institute release, story written by Bob Dey for the Bob Dey Property Report.

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Dunedin auctioneer wins national title

Published 9 July 2010

Dunedin auctioneer Chris Kennedy has won the Real Estate Institute’s national real estate auctioneers championship, held in Auckland over 5-6 July.  There were 28 contestants in the annual event, which has the prize for the top 2 of competing against Australia’s best in September.

 

3 of the 6 finalists were from Harcourts’ North Shore business, Cooper & Co Ltd.

 

Chief judge Ross Foreman said the championships had been an important catalyst in lifting the standard & professionalism of real estate auctioneers throughout New Zealand. 

 

Mr Kennedy has been in real estate since 1992 and owns the Harcourts operation in Dunedin & Balclutha.

 

The winner of the novice category was Daniel Coulson, from Christchurch.

Mr Kennedy & runner-up Robert Tulp will represent New Zealand at the Australasian championships in Auckland on Tuesday-Wednesday 14-15 September. New Zealand has won that title for the past 3 years.

 

NZ championship results:

 

Senior competition:

 

Winner,  Chris Kennedy (Epic Realty Ltd, Harcourts, Dunedin) Runner-up, Robert Tulp (Cooper & Co Ltd, Harcourts, North Shore) Finalists,  Mark Sumich (Sumich Estate Agents & Auctioneers Ltd, Auckland) & Andrew North (Cooper & Co Ltd, Harcourts, North Shore)

 

Novice section:

 

Winner, Daniel Coulson (Grenadier Real Estate Ltd, Harcourts, Christchurch)

Runner-up, Richard Kerr (Cooper & Co Ltd, Harcourts, North Shore). 

 

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Attribution: Institute release, story written by Bob Dey for the Bob Dey Property Report

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McGoldrick top Australasian auctioneer

Published 7 September 2009

Harcourts auctioneer & national auction manager Phil McGoldrick has won the Australasian Real Estate Institutes’ auctioneering championships.

 

In the real estate industry for 24 years, including 10 as an auctioneer, Mr McGoldrick has represented New Zealand in the international championship every year since 2006, when he won the Real Estate Institute of New Zealand’s national competition and went on to become the first Kiwi to reach the finals of the Australasian championship.

 

Runner up in the New Zealand competition for the past 3 years and a finalist in the trans-Tasman competition twice before, Mr McGoldrick won this year’s Australasian title ahead of 2-time winner & fellow New Zealander Mark Sumich and 2 Australian auctioneers in the final.

 

Mr McGoldrick averages around 500 property auctions/year and also does numerous charity auctions. He was one of 16 leading auctioneers who qualified for the 2-day finals, held in Hobart last week.

 

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Attribution: Harcourts release, story written by Bob Dey for the Bob Dey Property Report.

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Australian wins auctioneering title

Published 22 September 2006


3-times New South Wales auctioneering champion Scott Kennedy-Green has taken out the Australasian Real Estate Institutes auctioneers championship.



He beat auctioneers Phil Harris from Adelaide, Phil McGoldrick from Christchurch & Mark Sumich from Auckland in the final, held in Auckland this week.


Mr Kennedy-Green is chief auctioneer at McGrath Estate Agents and has been an auctioneer for 15 years. He was New South Wales senior auctioneering champion in 2000, 2002 & 2004.


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Attribution: Real Estate Institutes release, story written by Bob Dey for this website.

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Appeal Court supports Commerce Commission view, but not specific case on auctions

Judge says auctioneer must make existence of vendor bidding clear

Appeal Court judge Peter Blanchard has ruled that auctioneers must make it clear at the start of an auction that vendor bidding will take place.

Justice Blanchard didn’t overturn the High Court’s findings in the Commerce Commission’s case against Grenadier Real Estate Ltd of Christchurch, without enough evidence to prove what happened at the auction in question.

But commission chairman Paula Rebstock said the court did accept the commission’s general submission that, if the auctioneer had conducted the auction in such a way that created an illusion of competition, then that would clearly have breached the Fair Trading Act. Justice Blanchard said the commission’s concern about people being drawn into bidding at an auction on a false basis was very understandable.

Ms Rebstock said the commission wanted the court to clarify several important issues concerning auctioneering practices & vendor bidding. “This was an important case for the commission to take as auctioneering is increasingly being used as a sales practice in a number of industries. While this case focussed on auctioneering practices in the real estate industry, it applies equally to any auctions that use vendor bidding,” she said.

Justice Blanchard said: “Auctions, like other sales, must be conducted in a manner which does not mislead or deceive, and if this means that auctioneers’ practices must change, then so be it. Plainly it will be misleading to create the illusion of real competition where there is none.”

Ms Rebstock said the judgment resulted in 4 clear findings:

the bidding process at an auction must not mislead or be deceptive for persons who attend the auction intending to either bid for the property or to make an offer if it is passed in

it is not realistic to expect people will be knowledgeable about auction procedures or have taken legal advice on them

consumers could be brought up to speed by the making of a statement before bidding begins for each property, that there is a reserve price and the vendor reserves the right to bid until that price has been reached

even where consumers are educated in this way, it is still important that the auctioneer makes it clear whether a particular bid has been received from a bidder or on the vendor’s behalf, and that auctioneers need to take care with the language they use.In the High Court in December 2002, Grenadier admitted breaching the Fair Trading Act on 2 counts relating to misleading advertising of a Lyttleton property for auction in November 2000.

Grenadier’s pre-auction advertising stated “Bidding from $110,000” when the rateable value of the property was $205,000 and the vendor expected a sale price of $230-240,000. Post-auction advertising stated that “bidding reached $190,000” when all bids were vendor bids.

The commission’s case challenged advertising practices within the real estate industry, specifically advertising that uses techniques such as “bidding from” & “price banding.”

As a result of the earlier case, the Real Estate Institute developed a draft code of practice for the conduct of auctions. “The industry’s code of practice was a good 1st step but will now need to be reviewed to ensure it is fully consistent with Justice Blanchard’s findings,” Ms Rebstock said.

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