‘I’ve never seen something like that’: Auctioneer Tom Panos shares his real estate horror story

·

No real estate auctioneer ever imagines to be the subject of intimidation from a bikie gang or a knife attack, but desperate times have called for desperate measures for those wishing to buy a property in Sydney’s red-hot market. 

As the housing market heats up, prices go through the roof, and buyer competition becomes tougher than ever, auctioneers like Tom Panos have accepted to expect the unexpected.  

Mr. Panos tells the Daily Telegraph he had the most bizarre of his real estate nightmares come true. 

“I was auctioning this Newtown home and had been talking it up on TV and during the auction, saying what a great place it was etc and the vendor was obviously paying a lot of attention,” Mr Panos says. 

“After the home was sold under the hammer we went inside and the vendor said: ‘I’ve been listening to everything you have said and you’re right, this is paradise. I’ve decided I want to stay so I’m not selling’”.

Mr Panos put his foot down and grappled with the former owner over the fact that he had sold their house. 

“He was OK the next day but he definitely had cold feet,” he says. 

“I’ve never seen something like that before or since,” Mr Panos said.

Tom Panos has 35 years of experience in the industry and this certainly wasn’t the first or last time he’s witnessed the worst in home buyers. 

The live stream of his $1.425m sale of a home in Belfield, in southwest Sydney, was flooded by dozens of ‘racist’ comments among the two-to-three million who tuned in in April.  

Source: The Daily Telegraph 

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Alumni excellence celebrated in style at Oakleigh Grammar

Oakleigh Grammar has inducted two more former students into the prestigious Alumni Hall of Fame.

A pilgrimage to heroic Souli: Remembering the legacy of the Souliotes and Souliotises

Nestled in the rugged mountains of Epirus, Souli is more than just a historical site—it is a symbol of resilience and bravery.

The First Ecumenical Council of Nicaea: Defining Orthodoxy and preserving Hellenism

The First Ecumenical Council of Nicaea, convened in 325 AD by Emperor Constantine the Great, stands as a pivotal event in Christian history.

From PAK to PASOK: Sakis Gekas to lecture on anti-dictatorship resistance in Toronto

The talk will feature some of the key moments of the anti-dictatorship struggle and its manifestations in the public sphere.

US urges EU to abandon protections for feta and other regional products

The United States is ramping up pressure on the European Union to eliminate its system of geographical indications.

You May Also Like

The women of the Greek Revolution

Women are celebrated in the anniversary of March 25th, the date that marks the onset of the Greek Revolution against the Ottomans.

Australian designer Claire Lloyd transforms the old house of a priest in Lesvos

Australian, Claire Lloyd, visited Mytilene island 17 years ago, bought the old house of a priest and turned it into a tourist's dream.

Seminar on Greek role in deciphering Egyptian hieroglyphs to be held in Melbourne

A seminar, titled The Role of Greeks in the Decipherment of Egyptian Hieroglyphs, will be held in Melbourne on Thursday, June 8 at 7pm.