It was a case of going once, going twice – SOLD, for hundreds of happy bidders at a recent machinery auction at Gargett, held by Ray White Mackay City.
More than 300 people attended the auction where 96 items went under the hammer.
Rural sales consultant Gordon Galletly said that while the auction focused on farm machinery and equipment, the great results achieved were an indication of the strength of the region’s rural market.
Ray White Mackay City principal Sandra Paul agreed, and said, “since recent budget announcements, some buyer scepticism has been felt in certain areas of the property market.”
“Resistance to price is still being felt for properties in the higher brackets. Properties above $450,000 are remaining on the market for longer than what we’ve experienced in recent years.”
Mrs Paul added that the competitiveness witnessed at the machinery auction was a reflection of the continued momentum of the rural property market. “Rural properties, particularly smaller blocks between one and five acres have remained in strong demand in our region,” she said. “Our office can’t keep up with the number of requests for blocks this size.”
At a recent in-room auction held at the Mackay Entertainment & Convention Centre, corporate auctioneer Darren Williams hammered home some hot deals for happy vendors. Chris Laval, from Ray White City said, “the agency is a local leader when it comes to auctions. The clearance rates are consistently at 74% from the auction program.”
Rural consultant adds knowledge to Ray White Mackay City
When Gordon Galletly swapped his farm shed for an office in Mackay CBD five years ago, it was one of the best moves he’d ever made. Gordon has been appointed the role of a rural consultant at Ray White City, a role that suits him right down to his rural roots. “Farming is in my veins. I was born & bred in Mackay and have been a cane farmer myself for most of my life,” he said.
Gordon’s experience in farming and his ability to relate to the unique challenges of the rural community has made him a valuable asset to the Ray White City branch.
“I’ve definitely had strong feedback from clients who say they appreciate dealing with someone who has worked on the land,” he said. “Whether they are buying the property as a lifestyle choice or for their livelihood – clients value the advice and experience you bring to the professional relationship.”
Gordon has an intimate knowledge of the regulations that govern rural property sales, “and being able to relate to the ups and downs faced by rural clients is beneficial to establishing a good connection and adds value to my role,” he said. “I have bought and sold my own farms – so I view each sale as if I were standing in my client’s shoes.”
His personal and empathetic approach combined with professionalism and local knowledge is a valuable addition to the newly established rural division of Ray White City. “The Mackay City brand appealed to me because of the size and strength of the rural division of Ray White on a state level, ” he said.
“Ray White City has already established a strong and well-regarded branch in this area of residential sales. “The expansion into rural property sales was a natural progression”
Gordon expects that the rural division will gain momentum over the next twelve months. “Strong sugar prices has created a good climate in the rural market. Many farmers have prices locked in and this will create interest among buyers over the next year.”
He’s sold on Mackay’s rural sector and also manages to fit in some fishing.
Daily Mercury – Property Week – Friday, 28th May, 2010