How to Bid at Auction (and win) in Sydney, Australia

Рет қаралды 21,617

Күн бұрын

Пікірлер: 15

@andrewlees8162 Жыл бұрын

Great strategy Clarence. I used this approach very successfully at an Auction yesterday.. including hearing the under bidder comments you mention ...

@ClarenceWhiteAuctioneer Жыл бұрын

Great to hear Andrew and congratulations on the purchase.

@thecamdamage 2 жыл бұрын

Great first advice Clarence thanks so much for your wisdom I have a large body count

@theSimonPolito Жыл бұрын

Great information Clarence

@elmin2323 3 ай бұрын

No before the auction starts ask if the resever is within the quoted range. Once the bid reaches the top of the quoted range ask are we on the market if not ask why your under quoting? Dw about getting the agent offside thete not on your side there on the sellers side.

@dougcane4059 9 ай бұрын

NO - this guy want's to panick you into bidding too much and too fast....

@EstaviusMarx 2 жыл бұрын

This was useful thanks

@Sabri7Sabri Жыл бұрын

If there are two auctions for two adjacent properties, happening at the same time (same vendor) first auction will be for our preferred property out of the two, which is is likely to go for more. What’s the best strategy to approach this. I don’t want to give away my limit if I lose out on the first property.

@ClarenceWhiteAuctioneer Жыл бұрын

It would be a very observant agent to make a mental note of the figure at which you dropped out on the first one (if indeed it does go beyond your budget). With all the moving parts operating during an auction I would be surprised if an agent remembered the exact figure you dropped out. And if they did, so what? Just because you have x amount to spend doesn't mean you are willing to spend it on both homes. You may view the two homes differently and value them differently. That's your prerogative. If this was a major concern for you then you could pause your bidding below your max budget on the first one and see what others do. If others continue bidding and it sells above your budget then you have not given away your budget by approaching it this way. However if it looks like it might sell within your budget then I guess you really have to put your hand up at that point because you want to buy it right? So don't miss out on the first one because you are trying not to give your cards away on the second one. That would be self-defeating. Try and buy the home you really want to buy. Honestly I would not worry too much about this. No one can force you to pay anything you are unwilling to pay on auction day. So set yourself a limit on each home and bid within your set budget according to how you think will best help you buy a home.

@Sabri7Sabri Жыл бұрын

@@ClarenceWhiteAuctioneer amazing, that helps a lot! Appreciate the time you took to write this as well. We have been watching all your videos. Absolute gem!