What to expect from an Auction, with Veronica Morgan and Matt Hayson
While there are little or no auctions being conducted over the break we will take the opportunity to run a series that looks at how the auction is run, the role of both the auctioneer and the agent, bidding strategies and lots more.
So just how should sellers prepare for auction day? What are the expectations and why should sellers avoid? Are there any questions sellers should ask to make sure they are getting the best auction agent?
What about the buyer? Are there any mistakes that buyers make in the auction process and what are the most common mistakes auction buyers make if any?
And finally, how much info a buyer should disclose to the agent or seller?