Tag / auction
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Should you accept an offer prior to Auction?
Measuring the potential success of your auction can help you establish whether or not to accept a pre-auction offer. You can tell if your auction is shaping up to be hot by…
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Auction Day for the vendor
It’s natural that auction day can cause some anxiety. You can minimise stress by understanding the auction procedure. Here’s how the day’s proceedings will unfold: Before auction day: An auction can happen…
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Buying a property at Auction Part 2
What happens the day of the Auction: • the highest bidder is the buyer, subject to any reserve price • the auctioneer is entitled to make one bid only on behalf of…
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Buying Property at Auction Part 1
It is important to understand the auction process and understand the language. Here are a few quick tips: Reserve price – before the auction, the vendor (seller) will set a price with…
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Tips for Sellers – Steps to take before Auction
Unlike private treaty sales, where the price is negotiated between buyer and vendor, auctions move quickly and when the hammer falls the sale is final. In fact the bidding can all be…
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Tips For First Home Buyers – Know the different types of sales
There are different ways to buy property in NSW. Knowing the difference between these and the different conditions will make the process easier. Private Treaty A standard residential property transaction is known…
