Australasian Real Estate Auctioneering Champs

Australasian Real Estate Auctioneering Championships - Auckland 14-15 September

REINZ Media Advisory 13 September 2010

New Zealand’s top real estate auctioneers will be among fifteen competitors from Australia and New Zealand who are assembling in Auckland to compete for the prestigious title of Australasian Real Estate Institutes Auctioneering Champion 2010.

The Real Estate Institute of New Zealand (REINZ) is hosting the competition which dates back to 1993. The winner of the REINZ National Auctioneers competition for 2010, Chris Kennedy of Dunedin, and runner-up Robert Tulp from Auckland’s North Shore—both from the Harcourts group—will represent New Zealand. They will compete in an endeavour to retain the trophy on New Zealand shores for an unprecedented fourth year in a row.

Heats, starting at 10.00am, will be held on 14 September at the Aotea Centre. Each contestant will be required to auction a property hypothetically for sale, demonstrating a very thorough understanding of relevant legislation along with the skills required to be a professional auctioneer at the top of their game.

Five finalists will then compete for the winner’s trophy commencing at 3.30pm on 15 September at the Aotea Centre. The winner will be announced at a cocktail function to celebrate the inaugural REINZ Awards for Excellence on Wednesday 15 September 2010. Prior to the announcement of the overall winner, the five finalists will auction donated items to raise money for the Christchurch Earthquake Relief Fund.

Chief Judge, Ross Foreman, believes that in today’s market professional auctioneers are vital. It’s the difference between just a sale and an exceptional result.

Mr Foreman said that improving the calibre of auctioneers has always been an integral part of the Championships. The Championships are a great way of ensuring continuing improvement in terms of auctioneer presentation and knowledge of the law surrounding auctions.

The competition is open to public audience. However, spectators will be asked to resist the temptation to bid during the auction. A difficult bidding scenario is carefully scripted and role-played under strict conditions so each auctioneer can be judged on their handling of the same dramatisation.

ENDS

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