Auction Advantage

About

If you are going to buy a house in the ACT there is a 70% chance that you will buy at auction, and on average you will end up paying upwards of $700,000. Half of the those who buy a house at auction have never done so before. This means that it is likely that you will not have the necessary experience to implement the most effective buying and bidding strategies. We understand that most buyers dislike the process of auction, preferring to buy using the traditional private treaty method which requires a set price and delayed exchange. However this may not be the best way to secure a property for the best price.