{"id":27674,"date":"2020-04-06T12:47:09","date_gmt":"2020-04-06T02:47:09","guid":{"rendered":"https:\/\/realestatetalk.com.au\/?p=27674"},"modified":"2020-04-06T12:47:09","modified_gmt":"2020-04-06T02:47:09","slug":"online-auctions-fail-to-still-sellers-nerves","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/online-auctions-fail-to-still-sellers-nerves\/","title":{"rendered":"Online Auctions Fail to Still Sellers Nerves"},"content":{"rendered":"<ul>\n<li><b><\/b><strong><b>Nearly half of all auctions withdrawn again<\/b><\/strong><\/li>\n<li><b><\/b><strong><b>Prior sales numbers surge<\/b><\/strong><\/li>\n<li><b><\/b><strong><b>Sellers likely to abandon auction<\/b><\/strong><\/li>\n<\/ul>\n<p>Challenges around new policies banning onsite auctions continued to see the auction market take a hit this week, over what is usually one of the busiest weeks of the year historically. \u00a0This pre-Easter weekend didn\u2019t quite meet the usual expectations, with 45% of auctions withdrawn from sale and 84% of auctions sold prior to the event.<\/p>\n<p>The last two weeks had more than 6,000 properties scheduled for auction, with anticipation high as confidence was returning to the market and home values were rising. However a rapid change of conditions and plunging confidence related to the impact of COVID-19 has changed the auction landscape with less than half of these homes selling.<\/p>\n<p>There were 3,092 capital city homes scheduled for auction this week, returning a preliminary auction clearance rate of 48%. This comes off the back of last week\u2019s final figure of 37.3%; the lowest final clearance rate recorded since CoreLogic commenced auction reporting in 2008.<\/p>\n<p>Unsurprisingly the rate of withdrawn auctions remained high this week, with 45% of the auctions set to take place returning a withdrawn result. Withdrawn auctions typically comprise less than 6% of all auctions week to week. \u00a0\u00a0As the week\u2019s progress it\u2019s highly likely scheduled volumes will be substantially lower as vendors either convert their listings to private treaty method or hold off on selling their property until selling conditions and confidence levels improve.<\/p>\n<p>Get a full rundown of results in all the capitals. Kevin Brogan joins Kevin Turner to present the latest results from Core Logic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nearly half of all auctions withdrawn again Prior sales numbers surge Sellers likely to abandon auction Challenges around new policies banning onsite auctions continued to see the auction market take a hit this week, over what is usually one of the busiest weeks of the&#8230;<\/p>\n","protected":false},"author":176692473,"featured_media":27675,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,32,34,10,11,13,36,22,25,27,29],"tags":[70,131],"class_list":["post-27674","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-auction-update","category-buying-a-property-topic","category-finance-topic","category-kevin-turner-sponsored-channels","category-kevin-update","category-latest-story","category-property-investment-topic","category-research-topic","category-sponsored-channels","category-trends-topic","category-video","tag-featured","tag-videos","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Online Auctions Fail to Still Sellers Nerves - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/online-auctions-fail-to-still-sellers-nerves\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Online Auctions Fail to Still Sellers Nerves - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"Nearly half of all auctions withdrawn again Prior sales numbers surge Sellers likely to abandon auction Challenges around new policies banning onsite auctions continued to see the auction market take a hit this week, over what is usually one of the busiest weeks of the...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/channels.realty.com.au\/realtytalk\/online-auctions-fail-to-still-sellers-nerves\/\" \/>\n<meta property=\"og:site_name\" content=\"Realty Talk\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-06T02:47:09+00:00\" \/>\n<meta name=\"author\" content=\"Kevin Turner\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kevin Turner\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/online-auctions-fail-to-still-sellers-nerves\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/online-auctions-fail-to-still-sellers-nerves\\\/\"},\"author\":{\"name\":\"Kevin Turner\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/ae5a3b5e891767bd82ad3a068c514329\"},\"headline\":\"Online Auctions Fail to Still Sellers Nerves\",\"datePublished\":\"2020-04-06T02:47:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/online-auctions-fail-to-still-sellers-nerves\\\/\"},\"wordCount\":269,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/online-auctions-fail-to-still-sellers-nerves\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"Featured\",\"videos\"],\"articleSection\":[\"Auction Update\",\"Buying a property\",\"Finance\",\"Kevin Turner\",\"Kevin's Update\",\"Latest Stories\",\"Property Investment\",\"Research\",\"Sponsored Channels\",\"Trends\",\"Videos\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/online-auctions-fail-to-still-sellers-nerves\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/online-auctions-fail-to-still-sellers-nerves\\\/\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/online-auctions-fail-to-still-sellers-nerves\\\/\",\"name\":\"Online Auctions Fail to Still Sellers Nerves - Realty Talk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/online-auctions-fail-to-still-sellers-nerves\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/online-auctions-fail-to-still-sellers-nerves\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2020-04-06T02:47:09+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/ae5a3b5e891767bd82ad3a068c514329\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/online-auctions-fail-to-still-sellers-nerves\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/online-auctions-fail-to-still-sellers-nerves\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/online-auctions-fail-to-still-sellers-nerves\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/online-auctions-fail-to-still-sellers-nerves\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Online Auctions Fail to Still Sellers Nerves\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\",\"name\":\"Realty Talk\",\"description\":\"Your Trusted Voice For Property Investing. Anywhere, Anytime.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/ae5a3b5e891767bd82ad3a068c514329\",\"name\":\"Kevin Turner\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d2d83fe833d0cb22c11728d9aa25f73b319e658b72509553eff8680404d8bfa7?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d2d83fe833d0cb22c11728d9aa25f73b319e658b72509553eff8680404d8bfa7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d2d83fe833d0cb22c11728d9aa25f73b319e658b72509553eff8680404d8bfa7?s=96&d=mm&r=g\",\"caption\":\"Kevin Turner\"},\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/author\\\/kevin-turner\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Online Auctions Fail to Still Sellers Nerves - Realty Talk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/channels.realty.com.au\/realtytalk\/online-auctions-fail-to-still-sellers-nerves\/","og_locale":"en_US","og_type":"article","og_title":"Online Auctions Fail to Still Sellers Nerves - Realty Talk","og_description":"Nearly half of all auctions withdrawn again Prior sales numbers surge Sellers likely to abandon auction Challenges around new policies banning onsite auctions continued to see the auction market take a hit this week, over what is usually one of the busiest weeks of the...","og_url":"https:\/\/channels.realty.com.au\/realtytalk\/online-auctions-fail-to-still-sellers-nerves\/","og_site_name":"Realty Talk","article_published_time":"2020-04-06T02:47:09+00:00","author":"Kevin Turner","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Kevin Turner","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/channels.realty.com.au\/realtytalk\/online-auctions-fail-to-still-sellers-nerves\/#article","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/online-auctions-fail-to-still-sellers-nerves\/"},"author":{"name":"Kevin Turner","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/ae5a3b5e891767bd82ad3a068c514329"},"headline":"Online Auctions Fail to Still Sellers Nerves","datePublished":"2020-04-06T02:47:09+00:00","mainEntityOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/online-auctions-fail-to-still-sellers-nerves\/"},"wordCount":269,"commentCount":0,"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/online-auctions-fail-to-still-sellers-nerves\/#primaryimage"},"thumbnailUrl":"","keywords":["Featured","videos"],"articleSection":["Auction Update","Buying a property","Finance","Kevin Turner","Kevin's Update","Latest Stories","Property Investment","Research","Sponsored Channels","Trends","Videos"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/channels.realty.com.au\/realtytalk\/online-auctions-fail-to-still-sellers-nerves\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/channels.realty.com.au\/realtytalk\/online-auctions-fail-to-still-sellers-nerves\/","url":"https:\/\/channels.realty.com.au\/realtytalk\/online-auctions-fail-to-still-sellers-nerves\/","name":"Online Auctions Fail to Still Sellers Nerves - Realty Talk","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/online-auctions-fail-to-still-sellers-nerves\/#primaryimage"},"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/online-auctions-fail-to-still-sellers-nerves\/#primaryimage"},"thumbnailUrl":"","datePublished":"2020-04-06T02:47:09+00:00","author":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/ae5a3b5e891767bd82ad3a068c514329"},"breadcrumb":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/online-auctions-fail-to-still-sellers-nerves\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/channels.realty.com.au\/realtytalk\/online-auctions-fail-to-still-sellers-nerves\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/channels.realty.com.au\/realtytalk\/online-auctions-fail-to-still-sellers-nerves\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/channels.realty.com.au\/realtytalk\/online-auctions-fail-to-still-sellers-nerves\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/channels.realty.com.au\/realtytalk\/"},{"@type":"ListItem","position":2,"name":"Online Auctions Fail to Still Sellers Nerves"}]},{"@type":"WebSite","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#website","url":"https:\/\/channels.realty.com.au\/realtytalk\/","name":"Realty Talk","description":"Your Trusted Voice For Property Investing. Anywhere, Anytime.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/channels.realty.com.au\/realtytalk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/ae5a3b5e891767bd82ad3a068c514329","name":"Kevin Turner","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/d2d83fe833d0cb22c11728d9aa25f73b319e658b72509553eff8680404d8bfa7?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d2d83fe833d0cb22c11728d9aa25f73b319e658b72509553eff8680404d8bfa7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d2d83fe833d0cb22c11728d9aa25f73b319e658b72509553eff8680404d8bfa7?s=96&d=mm&r=g","caption":"Kevin Turner"},"url":"https:\/\/channels.realty.com.au\/realtytalk\/author\/kevin-turner\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/27674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/users\/176692473"}],"replies":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/comments?post=27674"}],"version-history":[{"count":0,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/27674\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/media?parent=27674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/categories?post=27674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/tags?post=27674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}