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O.K what seems to be missing here is the fact that EVERY vendor is selling for different reasons, some keen to move on, some desperate to move on, some who are just down sizing, some who are "taking profits". There is not one single proven strategy as to when or how to make any offer, regardless...

In my opinion the only reason people would choose to auction over private treaty is that: A) the property is unique and hard to price. B) vendor wants a "result" date, something to have happend by a certain date, because even if it is passed in, most cases an under bidder will make a...

if it is a million dollar house, they will probably be happier to see it go to auction. No cooling off period, no subject to...unconditional sale on the fall of the hammer. It is a guaranteed result for the vendor. This is what I have found in my experience with marketing higher end priced...