![\"\"](\"https:\/\/timesnewsgroup.com.au\/ballarat\/wp-content\/uploads\/sites\/9\/2020\/08\/Sean-Simpson-300x223.jpg\")
CVLX agent representative Sean Simpson said that having the pre-sale assessment available via StockLive had the desired outcome of bolstering external support from buyers for the live physical auction.<\/p>\n
\u201cWe saw additional online interest with 305 people watching and $325,000 transacted via StockLive,\u201d Mr Simpson said.<\/p>\n
\u201cThis is a significant increase on our previous online sales and we are hearing from the buyers that the quality of the data in the online catalogue was key to giving them confidence to bid and purchase online.<\/p>\n
\u201cGiven the tough physical restrictions we\u2019re having to implement with COVID-19, ensuring we maximise the buying pool wherever possible is critical to each sale\u2019s success.\u201d<\/p>\n
First time StockLive user Glenn Rea, from McKean McGregor, bid on 25 pens and purchased five for $44,000.<\/p>\n
\u201cI haven\u2019t purchased using StockLive before, but given the quality of the information available, particularly the weight on the live video, it was brilliant,\u201d Mr Rea said.<\/p>\n
\u201cI knew what I was after, could clearly see the stock and felt confident in purchasing, it\u2019s definitely something I\u2019ll use again for sure.\u201d<\/p>\n
StockLive Manager Libby Hufton said the independent pre-sale assessment data in the online catalogue was a first for StockLive.<\/p>\n
\u201cWe were thrilled to have the opportunity to work with the operating agents and CVLX to make such detailed data available in the online catalogue,\u201d Ms Hufton said.<\/p>\n
\u201cAny initiative, like this, that improves online buyer confidence and increases the competitive market for vendors, agents and saleyards we see as really important to be involved in and facilitate wherever possible.<\/p>\n
\u201cThe results today speak for themselves in terms of the success of having such data available ahead of the sale to increase buyer confidence and participation, particular with restrictions on visiting the yard pre-sale understandably so tight.<\/p>\n
\u201cWe look forward to working with CVLX to offer this level of information again.\u201d<\/p>\n
StockLive is 100 per cent owned by the Australian independent and privately owned Agricultural Asset Management Investment Group.<\/p>\n","protected":false},"excerpt":{"rendered":"
BALLARAT\u2019S first store sale using third party online pre-sale assessment information was welcomed by buyers and sellers at Central Victoria Livestock Exchange last Friday About 2100 head of quality store cattle changed hands, with the sale drawing strong online interest and 27 per cent of the lots on offer being taken by internet bidders. The […]<\/p>\n