Gavl news

Gavl finalist for Start-up Business of the Year in the Optus My Business Awards

The global market leader in live real estate auction streaming and bidding technology, Gavl (gavl.com), has been shortlisted in the prestigious Optus My Business Awards 2018.   Gavl is one of the most exciting proptech companies in the world. Since it was established in November 2016, Gavl has attracted 3.5 million views from across 52 […]

The Biggest Agent Challenge in 2018: Vendor Price Expectations

In our current real estate climate, new research has revealed that the biggest challenge facing agents is the price expectations of property owners looking to sell. Among the real estate agents of Sydney and Melbourne, we conducted a survey investigating the biggest challenges of the industry.   The results revealed that; 53% of agents found managing the price expectations of sellers as their biggest […]

1 in 2 agents have seen growth in interstate and overseas buyers for local property

New research reveals real estate agents have seen growth in the number of interstate and overseas property buyers in the last 12 months.  Gavl, in conjunction with Pureprofile, a leading data and insights company, conducted a survey of Sydney and Melbourne real estate agents to gauge potential growth, if any, in enquiries for local properties by interstate and overseas buyers.  48% of agents revealed they have seen growth over the last year in the number of […]

“How agents can overcome ‘digital fatigue’” by Justin Nickerson

Gavl spokesperson and leading auctioneer across Australia and New Zealand gave us some valuable time recently to pen his thoughts on the digital landscape, what’s been offered and just how best they can be used for fellow agents. Check out his article, below to find out all his opinions and the latest happenings in the […]

Auction first timer sells house to Gavl bidder

Leane was in a pickle. 2 weeks into the marketing campaign for her North Croydon property, her open for inspection volume wasn’t meeting her expectations. “I was a bit worried. A week or two after the marketing campaign started – we were getting feedback about the inspections. I had a few friends selling around Windsor […]

Interstate buyer scoops up Malvern East property on the Gavl app

Alexa had been on the property hunt for some time before she felt market conditions turn in her favour. When a glorious home in Malvern East presented itself, it was the perfect situation. “I always wanted to purchase – it was always a right time, right place situation. Watching the market – I would occasionally […]

Market trends indicate innovation is needed in the real estate market

Current low clearance rates suggest vendor price expectations are higher than what buyers are prepared to pay. As such the economic laws of supply and demand dictate buyer demand has fallen. This is evidenced by our data which indicates the average number of physical attendees at auctions in Australia has dropped by over 37% from […]

Passed-in properties sell for $42,000 more on average after auction

91% of 463 passed-in properties eventually sold for $41k more, on average, than the highest bid at auction Thought auction competition was high? It turns out the competition is just as high in the 24 hours after a property has been passed in at auction. New research reveals that passed-in properties don’t commonly sell for […]

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