Woods and Mickelson charity match proves a ratings hit

first_imgThe coronavirus relief golf match featuring Tiger Woods, Phil Mickelson and Super Bowl-winning quarterbacks Tom Brady and Peyton Manning was a TV ratings hit, WarnerMedia’s Turner Sports said on Monday.Turner Sports said sports-starved fans turned up in droves as Sunday’s telecast of the sanctioned PGA Tour event on the nation’s Memorial Day holiday weekend attracted an average of 5.8 million viewers across four of its networks.According to Turner Sports, the charity match, which raised more than $20 million for COVID-19 relief, was the most-watched golf telecast in the history of cable television. In the match, 15-times major champion Woods and twice Super Bowl champion Manning held off a late challenge to beat five-times major winner Mickelson and six-times Super Bowl winner Brady one up at Medalist Golf Club in Hobe Sound, Florida.The golfers played fourballs on the front nine and a modified alternate shot format on the back nine, where each competitor teed off and then the team played alternate shot from the selected drive.The PGA Tour, which shut down its season in mid-March because of COVID-19, is scheduled to resume action with the June 11-14 Charles Schwab Challenge in Fort Worth, Texas, without fans present.  Topics :last_img read more

Auction numbers surge as bidders start to compete

first_imgAuction numbers in Townsville have more than doubled over the past quarter as agents seek to create buyer competition for quality stock.AUCTION numbers have more than doubled over the past quarter as agents seek to create buyer competition for quality stock.Since January this year, auction listings jumped from 39 to an average of 63 this week, an increase of 61.5 per cent.Auctions now account for 3.05 per cent of all stock on the market with clearance rates sitting at an average of 50 per cent, according to auctioneer and sales agent Sam Musumeci of RE/MAX Excellence.“I do think the market is turning which is why there are more auctions as sellers don’t want to undersell their homes,” he said. “Clearance rates are at around 50 per cent at the moment which, for our market, is a pretty good result and shows that auctions do work but it is a lot of hard work for agents as we’re a buyers’ market so you need to create competition.“Overall I think sellers are becoming more savvy with the auction process as it’s the purest way to sell a home as it has no price on it.”More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020According to Mr Musumeci, auctions — if done right — also created buyer competition which could result in a higher sale price.“Often, when you put a price on a property you don’t get anyone through the door during open homes,” he said.“Auctions, on the other hand, create curiosity.”With Townsville still on the road to recovery, Ferry property sales agent Paul Bow said auctions offered a point of difference.“By taking away the price, you remove any negativity about a property,” Mr Bow said.“It allows the buyer to inspect a home without any preconceived idea or expectation.“On top of that, auctions give a clear market indication of what a home is actually worth and prevents properties being undervalued.“If a property doesn’t sell at auction, it helps set an accurate market price as a property is only worth what buyers are willing to pay. As a result of that properties generally do sell within three weeks after auction.”last_img read more