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  1. M

    Negotiation between buyers during Auction

    I agree Nek but the if we are going to attend the dance we need to know the steps :)
  2. M

    Negotiation between buyers during Auction

    More info for NSW <<A spokeswoman for NSW Fair Trading said collusive bidding was illegal under NSW legislation. Penalties can be up to $55,000 for corporations. Real estate agents can lose their licences. Regulations state that a person must not induce another person to abstain from bidding...
  3. M

    Negotiation between buyers during Auction

    I would suggest the auctioneer would draw your attention to the clause which states that bidders will not collude and would tell both of you to desist !
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