A real estate expert thinks the houses on The Block should not have sold for as much as they did – here’s why.
Real estate expert Chris Bellesini has called bullshit on the prices of the properties featured on The Block. Bellesini thinks the four homes sold had over-inflated, ‘unrealistic’ price tags.
“I understand why [Channel 9] are doing it but they have gone too big now; they have just lost touch, the average buyer won’t want to spend so much, and there’s not enough real buyers to give the producers the blown away results they are after,” he told News.com.au.
Bellesini also went after the buyers on the show, claiming they’re only after air time and would not have purchased the properties they did had it not been for being featured.
“Basically you’ve got Danny Wallis who is there for his ego and TV time, and Adrian Portelli who is also purchasing for the media attention.” he claimed, referring to Danny Wallis – who bought three of the four properties sold this season – and controversial bidder Adrian Portelli, who came under fire for alleged connections with season winners Omar and Oz.
Bellesini added: “Neither of them are real buyers, they wouldn’t have spent that cash or purchased those houses if it weren’t for the fact that they were on The Block. These sales weren’t real, three were sold to Danny for his ego and the fourth to Adrian to promote his business ventures.”
Like Bellesini, viewers and fans have their own theories about why some of the houses sold late or are still on the market. After a fan posted pictures of the properties on Reddit, people complained about the lack of privacy due to the properties being close together. Some also had issues with clashing architecture.
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