I was out for a stroll with the boys last Sunday when a local friend, who I
have known for years, stopped me to share the sad news that her mum had
passed away.
She wanted to know which local agent she should contact to sell her house.
I knew the house well and I knew it would be very popular.
I gave her a few names and said that if she decided to auction it, I love to
swing the gavel out the front.
Surprisingly they hadn’t considered auction.
Her response was: ‘we know the property will be popular and will likely
sell itself, so we don’t think we would need an auction’.
I used to hear this sort of response a lot, but I haven’t heard it for a long
time.
It’s an old view that auction is for the 3 Ds: Death, Divorce or D-Bank.
But that has changed significantly over the last 20 years.
Today, auction is the method of sale for nearly every style and situation,
when someone is chasing their maximum price.
I said to my friend: ‘Once understood, auction is the simplest and most
transparent way to sell and buy real estate’.
I went on to explain that I agreed she was going to have lots of buyers
interested.
That the reason she should sell by auction was because of the open
competition between those bidders.
It’s only through that competition that she can truly see that every buyer,
has every opportunity to see the other bidders prices and have an equal
opportunity to beat them or miss out. This is how you achieve your
maximum price.
Originally posted on vogue.com.au 1. Express yourself Melbourne-based interior designer Brahman Perera has already been seeing a more individualistic approach in 2024, and predicts this will continue into 2025. He’s seeing less of the “overly ‘stylised’ spaces and a return to more sincerely considered spaces that delve into more personal pieces … Read more
When I get back from our annual pilgrimage to Stradbroke Island each January, I check the front-line numbers to give me a read on how the sales and rental markets have woken up. So now, with the last grains of sand washed off the car and my feet slowly becoming … Read more
Cush for Comment – Why auctions arnt just for those going through the 3 Ds
I was out for a stroll with the boys last Sunday when a local friend, who I
have known for years, stopped me to share the sad news that her mum had
passed away.
She wanted to know which local agent she should contact to sell her house.
I knew the house well and I knew it would be very popular.
I gave her a few names and said that if she decided to auction it, I love to
swing the gavel out the front.
Surprisingly they hadn’t considered auction.
Her response was: ‘we know the property will be popular and will likely
sell itself, so we don’t think we would need an auction’.
I used to hear this sort of response a lot, but I haven’t heard it for a long
time.
It’s an old view that auction is for the 3 Ds: Death, Divorce or D-Bank.
But that has changed significantly over the last 20 years.
Today, auction is the method of sale for nearly every style and situation,
when someone is chasing their maximum price.
I said to my friend: ‘Once understood, auction is the simplest and most
transparent way to sell and buy real estate’.
I went on to explain that I agreed she was going to have lots of buyers
interested.
That the reason she should sell by auction was because of the open
competition between those bidders.
It’s only through that competition that she can truly see that every buyer,
has every opportunity to see the other bidders prices and have an equal
opportunity to beat them or miss out. This is how you achieve your
maximum price.
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Originally posted on vogue.com.au 1. Express yourself Melbourne-based interior designer Brahman Perera has already been seeing a more individualistic approach in 2024, and predicts this will continue into 2025. He’s seeing less of the “overly ‘stylised’ spaces and a return to more sincerely considered spaces that delve into more personal pieces … Read more
Read Full Post
Strong Early Signs for Sellers as the New Year kicks into gear!
When I get back from our annual pilgrimage to Stradbroke Island each January, I check the front-line numbers to give me a read on how the sales and rental markets have woken up. So now, with the last grains of sand washed off the car and my feet slowly becoming … Read more
Read Full Post