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The Block’s Scott Cam in big trouble with Nine after he costs network half a million dollars

The Block’s Scott Cam in big trouble with Chanel Nine bosses after he costs the network half a million dollars

The Block host Scott Cam has revealed he landed himself in hot water with Channel Nine bosses last year when he blew the show’s budget to help the teams make a profit on their homes. 

The TV star said he convinced the ‘big wigs’ at the network to lower last season’s reserve prices, costing the network ‘half a million dollars’.

The Blockheads only take home the profit they earn over their reserve prices, and in 2021 they banded together and confronted Scott, 59, about them being set too high.

The Block host Scott Cam has revealed he landed himself in hot water with Channel Nine bosses last year when he blew the show’s budget to help the teams make a profit on their homes

Ever one for a happy ending, the television personality intervened and convinced his Nine to lower them by $100,000. 

But the kind gesture backfired when even the lowest earning house of the season made $300,000 over the new reserve price.

‘I got in big trouble there. I cost the network about half a million dollars,’ Scott said.

He decided he would ‘never again’ meddle with the reserve prices on The Block, after Nine’s Chief Executive and Director, Mike Sneesby, personally told him: ‘You cost me a lot of money.

With The Block finale just over a day away, there are big fears the houses won’t sell in the current market. 

And despite the reserve prices sitting at around $3million above the median house prices in the Gisborne area, Scott insisted he would not intervene again. 

It comes amid fears this year’s reserves prices have been set too high with even Scott admitting he is ‘nervous’ the renovated properties won’t be offloaded. 

The TV star said he convinced the 'big wigs' at the network to lower last season's reserve prices, costing the network 'half a million dollars'

The TV star said he convinced the ‘big wigs’ at the network to lower last season’s reserve prices, costing the network ‘half a million dollars’

The Blockheads only take home the profit they earn over their reserve prices, and in 2021 they banded together and confronted Scott, 59, about them being set too high.  Ever one for a happy ending, the television personality intervened and convinced his Nine to lower them by $100,000

The Blockheads only take home the profit they earn over their reserve prices, and in 2021 they banded together and confronted Scott, 59, about them being set too high.  Ever one for a happy ending, the television personality intervened and convinced his Nine to lower them by $100,000

He told Today on Friday the rising interest rates and falling house prices means this year’s Blockheads face challenges previous contestants didn’t.

‘There’s a bit of trepidation from the buying public. I am very nervous,’ he said.

He went on to say the contestants’ hard work deserved to be rewarded and he would be gutted if they lost out.

But the kind gesture backfired when even the lowest earning house of the season made $300,000 over the new reserve price. (Pictured: Winners of The Block 2021 Mitch Edwards and Mark McKie)

But the kind gesture backfired when even the lowest earning house of the season made $300,000 over the new reserve price. (Pictured: Winners of The Block 2021 Mitch Edwards and Mark McKie)

‘I want these guys to make some money. They worked really hard and deserve to,’ he told hosts Karl Stefanovic and Amelia Adams.

He said the Blockheads will have the full support of the entire team to help them make a profit on their properties.

Despite promises of big sales, some real estate experts have expressed concern the properties won’t sell for within their $4million to $4.4million price guides because the median house price in the Gisborne area is about $1.1million.

With The Block finale just over a day away, there are big fears the houses won't sell in the current market. And despite the reserve prices sitting at around $3million above the median house prices in the Gisborne area, Scott insisted he would not intervene again

With The Block finale just over a day away, there are big fears the houses won’t sell in the current market. And despite the reserve prices sitting at around $3million above the median house prices in the Gisborne area, Scott insisted he would not intervene again 


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