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Why remote auction bidding benefitted buyers!
Now that COVID restrictions are starting to be lifted in the ACT, we see a large volume of auctions come to the market. During the lockdown in Canberra, we witnessed the evolution of remote auctions. As a buyers agent and auction tactician in Canberra, there was no doubt that remote auctions really benefited buyers. Here […]
Flat Fees – A Buyers Dream
When you scrutinise an agents agency agreement, you notice three interesting things. The length of the agency agreement is usually 90 days+ Commonly sellers agree to flat %’s like 1.5% of the sale price, and flat-fee amounts like $10,000 or $15,000 The agent gets paid at settlement If you don’t think this 3 incentive elements […]
Easements, Setbacks and Trees can cause major dilemmas.
If you have attended any of my auctions in the last few years you will know that I believe in three things principal things when it comes to earth. Make sure the earth is flat. Ensure that there are no significant trees where you might want to extend or expand. Know where the easements and […]
Why it’s critical to bid when you are the only bidder at a Canberra Auction
“Pass on what you have learned.” Yoda. It’s a cold Saturday Canberra morning in August there is a handful of people lingering around a well dressed young guy who’s about to start, what some might call an anachronistic ritual called, an auction. In a time when nearly every significant transaction is digital, how is that […]