Real estate auctions

Auctions… Part 3 – Conditions

If you are bidding at an auction, you might want to consider how an auction is run. Below is the legislative requirements from the Civil Law (Sale of Residential Property) Regulation 2004 that all auctioneers...

Auctions… Part 2 – The Terminology

Some of the terms you might hear in an auction include: Reserve The reserve price is the price that the vendor and agent agree will be the minimum acceptable selling price at an auction. if the vendor does...