This is reflected in the Auction clearance rates, which has remained high at around 80%. Buyers could stay away from auctions, or their focus could shift to maintaining their businesses and

When it comes to auction, the more buyer interest there is, the easier it is for the auctioneer to drum

Our services start from a reasonable priced negotiation and auction bidding service to a full fledge Our negotiation and auction bidding service helps buyers get the best price for the dream homes and No-win-no-fees Negotiation. If you are not getting any savings, you do not pay a cent*.

residential property to a foreign purchaser, including: Buying a residential property at, for example, auction

At some auctions, we've come across many instances of people overpaying for properties. Over paying 10-20% seems to be the norm at auctions now.

The bullish buying, buyers' fear of missing out (FOMO), high 90+% auction clearance rates in the first half of 2022 quickly gave way to a bearishly low 50% auction clearance rates, and an almost immediate end to bidding frenzy at open auctions.

Bidding activities at some auctions have once again, reached insane levels, with buyers overpaying hundreds

after rejecting our offer, the vendor brought their listing to a different agent, who recommended an auction Auction day come, and the property was passed in, with the vendor insisting on a reserve of $1.3million

useful when you are determining the price you will likely pay for the property, if it ended up in a open auction , closed auction, best and final offer situation.

few months ago, Domain has published an article detailing how the Melbourne market had turned and the window I was at an auction this morning. A property with great access to Melbourne CBD, was listed for auction with a price range of $750,000 Auction kicked off at $780,000, and the bidding frenzy between 5 bidders did not stop until it hits $940,000