‘It all fell apart’: Upper north shore Hamptons-style home passes in at auction

Résumé détaillé

The agent had been confident two potential buyers would register to bid for the six-bedroom home. Then something unexpected happened.

A six-bedroom home at Mount Kuring-gai passed in on Saturday when the sole bidder failed to attend, citing delays associated with Friday’s Microsoft outage.

Two parties were expected to register to bid for 5 High Street, but the strongest bidder was not confident about doing so without seeing the requested changes in the contract documents before the auction.

The Microsoft outage hit Australia early Friday morning and affected Copilot, Teams and Microsoft Outlook, resulting in issues accessing and sending emails.

“It all fell apart because the solicitors couldn’t talk to each other,” sales agent for Stone Real Estate, Dean Finch said. “I ended up having to send things through WhatsApp to get the changes requested.

The auction was held but closed without a bid, although a second party arrived after the auction ended. Both groups were families from the wider local area.

The property had a listed guide of $1.95 million and a reserve of $2.3 million.

There is no legal requirement for a vendor’s reserve to be in line with their property’s price guide.

Finch is hoping to sell the two-storey Hamptons-inspired home in the next fortnight, but if he is unsuccessful, he said the vendors, who want to downsize, will rent it out.

The property was one of 646 scheduled to go to auction in Sydney this week.

Début de l'article, extrait de Brisbane Times. Pour lire la suite, ouvrez l'article chez le média.