The Block Phillip Island 2024 - LMCT+ Adrian Portelli - Independent Buyers Agent Mark Errichiello

A unique experience and auction event of 2024 which our Co-founder of Master Advocates participated in, marking a historic reality television auction result and subsequent giveaways. One of our Directors and Co-Founder of Master Advocates, Independent Buyers Agent 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 to launch our Independent Buyers Advocacy business Master Advocates – Real Estate Services 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 LMCT+ was truly a unique experience to be called upon to help execute.
The Block 2024 Phillip Island – LMCT+, the announcement of the lucky winner in the massive give-away of the whole resort or the choice of $8m cash was announced 27th December 2024. What a massive give-away! The total package.

The decoy bidder in the check coat: Mark Errichiello

News source: Channel Nine and Domain Articles

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.”

…”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 Block Phillip Island 2024 – LMCT+ Adrian Portelli – Independent Buyers Agen Mark Errichiello

Watch: Billionaire bidder Adrian Portelli, makes a shock announcement as House 5’s secret buyer is revealed