By Cate Bakos
As a trained auction bidder and experienced property buyer, I’ve bid at hundreds of property auctions over the years and have learnt many tricks along the way.
Being based in the country’s auction capital, Melbourne, means that I’m exposed to auctions every single weekend, from the beginning of February until the week before Christmas. Melbournians, Sydneysiders and even Brisbane shoppers understand that the chances of a good property being taken to auction are high. So why do so many people fear auctions? Continue reading The top 10 tips for auction bidding
Many property investors are a little intimidated by the thought of bidding for a property at auction.
It’s understandable – auctions are an emotional and exciting event. Continue reading Tips for buying at Auction
Auctions are becoming increasingly popular and hugely successful in the Mudgee area as vendors rush to cash in on the fact that demand currently exceeds supply.
According to The Property Shop’s Hugh Bateman, private sales have traditionally been the marketing method of choice in the area but this is rapidly changing. Continue reading Auction Action is Heating Up!
Mudgee Men’s Shed will now be a more modern workplace as a result of The Property Shop’s annual Tradies’ Night which raised $3,400 for Mudgee Men’s Shed.
The Tradies’ Night is held each year with The Property Shop inviting all its associated trades people along for a night of fun including drinks and a barbecue. Continue reading A Tradies Night To Remember!
Buying a property at auction can be a stressful event, even if you have done it once or twice before. It is the fact that there are other people there to compete in price for a property that you have already decided you would like to buy.
That is one of the reasons why people take properties to auction – to create that emotion and build that feeling in the buyers that they may miss out; moreover it is in our nature that once we have decided we want something, we’re very likely to go after it.
This is why it is so important, as an investor, to be well prepared beforehand. Continue reading Preparing To Buy An Invesment Property At Auction