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  1. K

    Your Strategy At Bidding (Auctions)

    Hello buck Sorry, not sure what you mean with this tactic If I was out buying a two bedroom unit for renovation, and happened to come across an Agent with whom I was also discussing the purchase of a snazzy new Principal Place of Residence, these two transactions are not some sort of...
  2. K

    Your Strategy At Bidding (Auctions)

    So just getting back to the original question regarding tactics: I attended an auction yesterday, good crowd, 'Will Be Sold Today' - 'Realistic Reserve' etc announced by the Auctioneer Yep! Sold today - $76,000 above the reserve - again by a family outbidding the local developers by a...
  3. K

    Your Strategy At Bidding (Auctions)

    Woody Allen once said 'Eighty percent of success is just showing up!' Just show up, bid, and if you are the highest bidder you get the coconut. If you're not, you don't. Last Auction I went to I paid $1,000 more than the underbidder. Previously, I bought a property for $100...
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