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Tag: Auction

The atmosphere created when a property is auctioned is often tense and exciting. The sense of urgency generated throughout the marketing campaign culminates on auction day with the knowledge that the property could sell to a buyer in a mere matter of minutes. Regardless of…


When a property goes to auction and multiple bidders show up fiercely competing to be the winner on the day, it makes for a great spectacle. But what happens when no one turns up? The whole intent and purpose of an auction is for a…


For all intents and purposes a property auction is simply a medium through which someone sells a property on a given day. But when it comes to auction bidding things are not quite that simple. Auctions are paid for by the seller and so they cater…


Sometimes when a property is advertised for sale by auction it doesn’t end up selling that way. There are a variety of reasons for why that is, but as a potential buyer it is important that you know how you can take control of an…


Buying a property at auction can be a highly stressful experience for would be property buyers who are not familiar with the process. In some cases, the thought of having to bid at auction is so overwhelming a prospective purchaser will outsource the task. Given…


There are a number of ways to sell a property. In Sydney and Melbourne one of the most common and effective methods of selling is by way of auction. Testament to this is the fact auction clearance rates in Sydney and Melbourne throughout most of…


Bidding at a property auction can be overwhelming. As an experienced Sydney buyers agent I have seen first-hand how it can leave the most cool, calm and collected of characters shaking in their boots trembling with fear and overcome with anxiety. Problem is Sydney and…


In the auction capitals of Sydney and Melbourne, auction clearance rates are currently at historically high record levels. For the last couple of months clearance rates have consistently been above 80%. These statistics tell a very simple story. If you’re looking to buy a property…


Going once. Going twice. What do you mean it’s already gone? In today’s property market, particularly in the auction capitals of Sydney and Melbourne, it is highly likely that when a property is listed for sale by auction it will sell on the day. And…


I’ve been working in the property industry for over 20 years now and I’d have to say I think I’ve pretty much seen it all. From the early 1990’s recession we had to have through to the 2008 global financial crisis, its fall-out and beyond.…