Tech entrprenuer uses app to auction luxurious Austin estate

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What’s the fun in selling a home the traditional way anymore? Through Concierge Auctions’ Instant Gavel app, home sellers can opt to put their home in an auction instantly and virtually for a set period of time, which is just what tech entrepreneur Martin Neath did when he decided to to sell his multi-million dollar Austin estate. For a 30-hour period from July 27 to July 28, 3509 Lost Creek Blvd. was up for bid in the app. Previously listed for $5.995 million, the property has since gone under contract and a sale for an undisclosed is pending through Concierge Auctions. The auction is in cooperation with Christopher E. Watters of Watters International Realty. “Thus far in 2016, more than 80 percent of our auctions have been conducted through our Instant Gavel app — up from less…

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