Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.

Forums › Home Workshop › The Block NZ
View this topic in a long page with up to 500 replies per page Create new topic
Prev1 | 2 | 3 
915 posts

Ultimate Geek

Trusted
  Reply # 682692 7-Sep-2012 09:45 Send private message

joker97: Which suburb is your house?


Te Atatu Peninsula, which is seeing very strong demand at the moment. Its got a great community vibe, and because its a peninsula, we don't get any through traffic during those busy commute periods.

I know school zoning comes into play a lot with the Auckland real estate market, but I still think the price Libby and Ben's house went for was excessive. I would've also expected to see a lot more parity between all four auction results.

934 posts

Ultimate Geek

Subscriber
  Reply # 682700 7-Sep-2012 10:14 Send private message

What I've been wondering about is, how were the reserve values set, considering that the contestants only get the money in excess of reserve? I guess Eyeworks just set them as high as the thought they could get away with.
I'd be gutted with nothing to show for 9 weeks of hard slog (other than a small consideration for appearing in Woman's Day and Kiwibank ads), but I guess they knew that was a possibility from the beginning.
It ceratainly strengthened my resolve not to buy our next house at auction.

915 posts

Ultimate Geek

Trusted
  Reply # 682702 7-Sep-2012 10:18 Send private message

Skolink: What I've been wondering about is, how were the reserve values set, considering that the contestants only get the money in excess of reserve? I guess Eyeworks just set them as high as the thought they could get away with.


I don't recall the exact amounts, but all the reserves were within a few thousand dollars of each other, which is what I'd expect for such similar houses. From there, that old chestnut "The Market" determined what the houses were actually worth on the day. I just found it surprising that buyers varied so much between between the four.

It would've been interesting to see what happened if each auction were held on a different day. In the interests of consistency, I'd have also liked to see the same auctioneer being used for each sale.

3913 posts

Uber Geek

Trusted
  Reply # 682709 7-Sep-2012 10:35 Send private message

a couple of points

1) after having watching a few the blocks in Oz, the better thing to do is to NOT accept a bid at or 5k above the reserve ... it is better to pass in the auction just below the reserve and negotiate a fair price to a wider market (who don't have 850k cash in hand)

2) being the amazing characters they are i think the public feel worse than rach and ty - those who were actually entertained week in week out by these guys who gave 9 weeks of their lives and more, for less than a cent

155 posts

Master Geek

Subscriber
  Reply # 682724 7-Sep-2012 11:09 Send private message

Do they get to keep the Mazda BT50's?

Prev1 | 2 | 3 
View this topic in a long page with up to 500 replies per page Create new topic



Twitter »
Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when new jobs are posted to our jobs board:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:




News »
Android and iOS combine for 92.3% of all smartphone OS shipment in the first 2013 quarter
Posted 17-May-2013 08:38

Apple’s App Store marks 50 billionth download
Posted 17-May-2013 08:25

Gen-i divests Davanti Consulting through management buyout
Posted 16-May-2013 14:02

Huawei G510 bring big-screen mobile entertainment for Android users
Posted 16-May-2013 11:49

BlackBerry BBM goes multiplatform: iOS and Android versions
Posted 15-May-2013 11:28

BlackBerry introduces BlackBerry 10 QWERTY smartphone
Posted 15-May-2013 09:32


Trending now »
Hot discussions in our forums right now:

A reason not to shop at dick smith
Created by dsnz1, last reply by AKLWestie on 17-May-2013 22:45 (82 replies)
Pages... 4 5 6

A new project coming to Geekzone
Created by freitasm, last reply by plambrechtsen on 19-May-2013 21:49 (199 replies)
Pages... 12 13 14

HTC One (2013) owners' discussion
Created by Dingbatt, last reply by Finch on 19-May-2013 22:02 (1441 replies)
Pages... 95 96 97

Track my Phone, Car, how to best do it in .nz?
Created by DonGould, last reply by sonyxperiageek on 19-May-2013 22:24 (15 replies)

Sitting on a boring conference call
Created by SaltyNZ, last reply by SepticSceptic on 17-May-2013 16:52 (14 replies)

Samsung Galaxy SIII Discussion and Owners Thread
Created by networkn, last reply by Johnk on 19-May-2013 16:32 (5523 replies)
Pages... 367 368 369

Chorus is cutting the cost of VDSL to service providers from June 7
Created by maxzzz, last reply by Zeon on 19-May-2013 19:40 (46 replies)
Pages... 2 3 4

Office 365 service outage 2013-05-18
Created by freitasm, last reply by nitrotech on 19-May-2013 18:58 (18 replies)
Pages... 2


Geekzone Jobs »
Most recent NZ jobs in technology:

Exciting Intern Opportunity
Posted 19-May-2013 20:27

Business Analyst
Posted 19-May-2013 18:27

Senior Business Analyst
Posted 19-May-2013 18:27

Senior Business Analyst
Posted 19-May-2013 18:27

Project Coordinator, Reputable Company, Career Pro
Posted 19-May-2013 18:27

Change Manager - Large Financial Services Organiza
Posted 19-May-2013 18:27

Software Developer - Join a market leading company
Posted 19-May-2013 18:27


Geekzone Live »
Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.

Updates »
Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.