The complexity of agent versus buyer in a very tense and even somewhat surreal situation can give any human being heart palpitations. I will attempt to calm down some of that anxiety with a few auction tips that could very well help you secure that next dream home, or investment property.
- The first tip is to do your research, set a limit and stick to it
- Place bids with authority so your competition doesn't know when you are reaching your limit.
- If the property gets passed in attempt to negotiate it directly afterwards rather than wait till the following week
- Don't be afraid to ask the auctioneer if the property has reached it's reserve
- Start the bidding off low and wait and see if the property comes on the market before you bid again
- To alleviate all the emotion I suggest you hire a buyer's agent to bid on your behalf. At a cost of $550.00 these agents know all the tricks of the trade and will hopefully save you a lot of money, and stress on the day
Established in 1997 Pk Property Search& Negotiators is Sydney's first, largest and most experienced buyer's agent. Our services cover all phases of the property purchasing process, from finding the right dream home or investment property, determining its true market value, to negotiating the best possible price, or bidding on your behalf at auction.
Call one of our buyer's agents today to discuss in confidence your next property purchase
North Shore & Northern Beaches Office: 99601066
City/ Eastern Suburbs/ Inner West Office: 82498180