Young gun agent’s smart plan to get auction sale brings $1m bonus

Add as a preferred source on Google9 Courtenay Rd, Rose Bay sold for $10.5m at an exciting onsite auction on Wednesday. A young gun agent’s clever strategy to get an auction moving led to a three-way battle for an eastern suburbs property. And the property, at 9 Courtenay Rd, Rose Bay, ended up selling for $10.5m, about $1m above the original reserve. It was one of three above-reserve auction sales over just two days, totalling $20m, by Zac Rabin of TRG (The Rubinstein Group), with the vendor of a waterfront unit in Watsons Bay “in tears of joy” after her home went $400k over reserve. Rabin had six registered bidders and four active for Wednesday’s on-site auction of the six-bedroom home on a 759sqm block at Courtenay Rd, purchased by the Weisz family for $1.42m in 1991. MORE: Amid the property gloom comes a snappy $25m sale TRG agent Zac Rabin With its $8.4m guide, 80 people turned up to witness Wednesday’s onsite auction. The home is on a 759sqm block. With the guide $8.4m and 80 people in attendance, bidding had opened at $8m, rising slowly in 25k and then $50k increments to $9.1m, at which the auction stalled. What Rabin did next was crucial. A member of the crowd revealed he t...