App puts the hammer on over-the-phone property bidding

The stop-start nature of over-the-phone house auctions may be a thing of the past thanks to an app that live-streams auctions in real-time to potential buyers across the globe.

Australian start-up Gavl is behind the technology, which will allow buyers to browse listings, shortlist properties and watch auctions on their smartphones.

The founders are seeking $6.5m from investors to enable the launch of real-time bidding of live-streamed auctions from anywhere in the world.

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Gavl founder Joel Smith wants people to browse listings, shortlist properties and watch auctions all from their smartphone.

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Filed under Homes & Property New Zealand, International Property News, New Zealand Property & Real Estate News, Real Estate Agent News

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