The Block's eccentric buyer Danny Wallis is blasted by housing experts for his 'silly' bidding style - after snapping up three homes at auction for a combined $12.25million

By Nicole Douglas For Daily Mail Australia

Published: | Updated:

He's the eccentric buyer who has become a regular staple on The Block, snapping up three homes this year for a combined $12.25million.

And while Melbourne-based IT entrepreneur Danny Wallis is a fan favourite among viewers, his bizarre bidding style has been questioned by housing experts who fail to see the benefit of his unusual tactics on auction day.

Danny described his style as 'theatre' during a radio interview this week, after he was seen bidding in cents and trying to stare down and intimidate competitors.

Opinion: Melbourne-based IT entrepreneur Danny Wallis (pictured) may be a fan favourite on The Block, but his bizarre bidding style has been questioned by housing experts who fail to see the benefit of his unusual tactics on auction day

Opinion: Melbourne-based IT entrepreneur Danny Wallis (pictured) may be a fan favourite on The Block, but his bizarre bidding style has been questioned by housing experts who fail to see the benefit of his unusual tactics on auction day

Auctioneer and Real Estate Institute of Victoria president Adam Docking said throwing out such 'silly bids' was not beneficial.

'If you're hoping it might confuse the auctioneer, a professional auctioneer trains to be able to calculate on their feet,' Mr Docking told realestate.com.au.

'Plus, generally we'll have a penciller in tow (writing down the bids) to help us with those calculations - even if the auctioneer does get confused, they have the right to pause the auction and resubmit the property at the last undisputed bid.'

Putting on a show: Danny described his style as 'theatre' during a radio interview this week, after he was seen bidding in cents and trying to stare down and intimidate competitors

Putting on a show: Danny described his style as 'theatre' during a radio interview this week, after he was seen bidding in cents and trying to stare down and intimidate competitors

Mr Wallis' bidding style saw him buy Mitch Edwards and Mark McKie's house for $4,044,444.44, Tanya and Vito Guccione’s for $3,800,000.01, and Kirsty Lee Akers and Jesse Anderson’s for $4,401,523.67.

Mr Docking said there were rules in place to stop bidders from making 'major disruptions' that could prevent others from bidding, and those who break this rule could face a fine.

Buyer's advocate and The Block regular Frank Valentic said Mr Wallis' technique is just 'trying to disrupt and intimidate other bidders', adding that many in the industry think his style should be 'banned'.

However, his style was praised by Insider director Andrew Date, who beat Mr Wallis to take away Ronnie and Georgia Caceres' home at auction.

Not a fan: Buyer's advocate and The Block regular Frank Valentic said Mr Wallis' technique is just 'trying to disrupt and intimidate other bidders', adding that many in the industry think his style should be 'banned'

Not a fan: Buyer's advocate and The Block regular Frank Valentic said Mr Wallis' technique is just 'trying to disrupt and intimidate other bidders', adding that many in the industry think his style should be 'banned'

He said many of The Block bidders are 'professionals, so we can handle it,' and that Mr Wallis' 'deep pockets help him to be successful'.

Mr Valentic advised anyone who comes up against Mr Wallis at an auction to stand 'close to the penciller' or write down the bids themselves to avoid confusion.

Despite some criticism, Mr Wallis proved himself to be an exceptional winner this season, and even gifted Tanya and Vito Guccione's house to charity.

The property will now be used as accommodation for families of children receiving cancer treatment.

'They say auctions are meant to be theatre, so you can't just let the theatre go to the auctioneer,' he told 3AW radio host Neil Mitchell of his bidding style on Monday.

'You've got to be part of it, also!'

Last year's auction saw Mr Wallis buy three properties for a combined total of almost $12million, after placing generous bids on all five homes. 

Positive: Despite some criticism, Mr Wallis proved himself to be an exceptional winner this season, and even gifted Tanya (pictured) and Vito Guccione's house to charity. The property will now be used as accommodation for families of children receiving cancer treatment

Positive: Despite some criticism, Mr Wallis proved himself to be an exceptional winner this season, and even gifted Tanya (pictured) and Vito Guccione's house to charity. The property will now be used as accommodation for families of children receiving cancer treatment

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