Episode 23 - Australia Overnight - Pat Panetta - The Block Phillip Island 2024 - Adrian Portelli LMCT Plus - Covert Buyers Agent Mark Errichiello

Episode 23 - Australia Overnight - Pat Panetta - The Block Phillip Island 2024 Season 20 - Buyer  Adrian Portelli LMCT+ purchased all 5 Houses on the Block and the entire Resort

In this episode Pat Panetta speaks with the "Secret Weapon" and Director/Co Founder of Master Advocates who participated in a first time ever executed plan in the Block history of the series. Adrian Portelli  engaged Covert Indepent Buyers Agent Mark Errichiello as a decoy buyer to assist in the acquisition of the total site and Block properties.

 

Australia Overnight - Host: Pat Panetta 

National Radio 3AW - 2GB - 4BC - 5AA - 2CC 

 

Report from the Master Advocates Real Estate Services blog:

One of our Directors and Co-Founder of Master Advocates, Mark Errichiello could never have perceived this experience 10 years ago when stepping out of a career as a sales agent in his family business at the time, Raine&Horne Ascot Vale @rh.ascotvale to launch our Independent Buyers Advocacy business Master Advocates with his wife and business partner Australian Paralympian Michelle Errichiello.

Now, 10 years on and after 25 years in the real estate profession, being a part of an epic auction bidding plan and acquisition for @adrian_portelli and @lmctplus was truly a unique experience to be called upon to help execute.

Anyone that knows Mark, knows that he does not easily get surprised, it's going to take a lot for another opportunity and experience to surprise him again.

Then again, when Mark noticed the announcement on the Monday morning post the 2024 Phillip Island "The Block" Auctions that LMCT+ was giving away the whole resort, Mark said he was pretty surprised . What a massive give-away! The total package.

The experience and collaboration with our client Adrian Portelli was great. To be able to execute the master plan of the total acquisition, and witness the auction finale and the reveal of Adrian's announcement post auction of how the covert plan was executed, is one of Mark's favourite, all time career highlights to date.

 

..."Portelli waited until after all five auctions had taken place to make his big reveal.

The billionaire stunned the crowd when he revealed, post-auction, that he had bought every home on the show, directly or through his buyer’s agent. He also confirmed that he won’t be returning to bid again next season."...

 

 

The decoy bidder in the check coat: Mark Errichiello

Domain and The Age report:

The second of our new faces to have a big impact on the day was buyer’s advocate Mark Errichiello, who appeared to have a client keen on securing at least one of the Island Cove Villa properties.

Known as bidder No. 24, he tick-tacked with other bidders on houses 4 and 3 before eventually dropping out of the race.

It was the auction of House 5 when he finally came out on top after fighting off four other bidders, winning Kristian and Mimi’s property for $2.93 million.

At the conclusion of all the auctions, it was revealed his client was actually Portelli.

So, why did a billionaire need someone to buy his home on his behalf?

“Who knows how it would have worked out if he [Portelli] was just there on his own, buying them all?” Errichiello asked. “Others may have competed with him a little bit more vigorously at times.”

https://www.domain.com.au/news/new-kids-on-the-block-who-are-the-faces-in-the-crowd-at-the-block-auctions-1333998/amp/

 

MASTER ADVOCATES - REAL ESTATE SERVICES

Mark Errichiello

Independent Buyers & Vendors Advocate and Investment Property Management Advisor

Director, Co-Founder, Licensed Estate Agent, CEA (REIV), DipPropServ (Agency Mgt),

-Elected to the REIV (Real Estate Institute of Victoria) Board of Directors 2023,

-REIV Buyers Agent Committee Member and Members Council Delegate 2014-2023,

-REIV AWARDS FOR EXCELLENCE – Finalist Buyers Agent of the Year 2021, 2022 & 2023,

-Accredited Member REBAA,

-REBAA (Real Estate Buyers Agents Association of Australia) - VIC State Representative 2020-2023,

-Chairman of the Essendon North Village Traders Association 2019-2021

-Member (PIPA) Property Investment Professionals of Australia

M: 0408 988 118

E: [email protected]

W: www.masteradvocates.com.au

Consultation Booking: https://calendly.com/masteradvocates/