House & Home (128)
Houses can go backwards
After many months without finding a buyer for his home, David Garcia decided to launch tupisoporuneuro.com , where potential buyers can bid for his house via reverse auction. The bids have a minimum of 1 euro and a maximum of 150 euros and the winner is whoever makes the lowest bid that is not repeated. The scheme works by charging bidders per bid allowing the operator to recoup the cost of the property and auction process.
Why it matters
The reverse auction trend has been buoyant for some time now, and now it appears to be property’s moment. As more and more buyers struggle to enter the market, will auctions become a route to affordable housing? What will this mean for property marketing on the whole?
Source: Europa Press
16. September 2009
The qb playhouse is a customisable playhouse: children can pick the colours and patterns or upload their own design to create a unique wooden house or tree house for the garden.
Portuguese BP Gas Light just launched a special edition of heaters, called “Try Me”, inviting consumers to personalize the equipment. The heaters Spring “Try Me” are sold with a do-it-yourself kit with colouring pens, stencils and a home fragrance. The base colour is green. The challenge is to reinvent the heaters.