The home at 10/898 Papamoa Beach Road
Ray White Tauranga was the first real estate agency in New Zealand to sell a home online through PropFi.Auction in November. So successful was the sale of the Bethlehem home,which had a reserve of $1 and later sold for $700,000, that Ray White Te Puna has now partnered with the online platform to run two auctions next week – each on view at PropFi.
The two homes in Papamoa on New Zealand's North island will be auctioned online on Wednesday, December 14 and 15.
PropFi CEO and co-founder Angie Zingel says getting the platform up and running was a combined effort between a number of players, but now the businesses is reaping the rewards.
"We’ve had a collaborative approach, getting corporate buy-in first by spending a lot of time and effort with real estate agents, government representatives and lawyers,” she told the Bay of Plenty Times.