It can be easy to get caught up in the moment when the auction is in full swing, so it’s important that you set yourself some limits and goals.
– Consider your top bid while you’re in a calm and rational state of mind and stick to it.
– Stand right at the front with a good view of the crowd and auctioneer – ask a question right at the start to show you mean business.
– Start with a strong bid, then increase by smaller increments.
– Record the bids so you don’t lose track.
– Keep calm and be aware of your body language – give the impression you know what you’re doing.
– If you don’t trust your emotion, consider employing a buyer’s agent to bid for you.
A private sale has no specified closing date and is usually negotiated between a buyer and vendor with the assistance of an agent or legal representative.
Similar to a private sale /treaty expect that a formal written offer is submitted for the property by a specific date.
HOME BUYERS were on the hunt in strong numbers across Australia again today. The Ray White Group, which accounted for 30 per cent of all auction stock this week, today recorded its best week ever by way of registered and active bidders across the country. The group’s data recorded six … Read more
A local buyer has secured a coveted piece of Black Rock’s Golden Triangle precinct, buying a five-bedroom house at a rapid-fire virtual auction for $2.76 million – $360,000 more than the top end of the asking price range. Two persistent bidders battled it out for the house at 12 Glenmore Crescent, … Read more