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Yeah agree it can get really annoying however why are you missing out on properties? If the property goes for more than you expected, why? Sometimes it can be a freak but usually it is something you should have a fair idea what the property is worth by your research (don't rely on the...

A vendor has the right to sell his property at whatever price he feels it is worth, how would you like it if I said you must sell me your car for $1? A vendor can set a reserve for a 1m2 block of land in the middle of Australia for $1M, I don't know what agent would take on the list (one the...

I don't understand either Who was bidding against the other bidder as you said only two? Or was the purchaser just raising his own bid which is their own stupid fault... Otherwise how does an auction go for 10 minutes after it is on the market with only 1 bidder?