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  1. W

    Discouraging ghost bidders at auction

    nah, the auctioneer had tickets on himself. a tall goose with a grey handlebar moustache and a fedora hat from Redcliffe Peninsula. I didn't do anything I've talked about above that day. I only read about it in the Sat paper the morning of the auction, an 809 splitter with a rentable house...
  2. W

    Discouraging ghost bidders at auction

    Some lawyer websites are stating that after the hammer falls, if someone can gets in the ear of the vendor and offers 20k more, the vendor can accept that and not the knock down price. CU, conversely, I attended an auction that didn't make reserve but one bid had been placed. Tried to...
  3. W

    Discouraging ghost bidders at auction

    Amadio, yes I had read these recommendations and am all for the mocktion process to be cleaned up. Contracts would be made available well before the auction. Terms and conditions would be negotiated before the auction, to determine eligibility of participants. Contracts would be signed...
  4. W

    Discouraging ghost bidders at auction

    will, I'll be talking to a soli before the next auction, and he may accompany me. :) When I started reading into the law surrounding auctions, I was even moer insensed. The bluff and intimidation of bidders is even less justified than I thought. PB, you are an abrasive bugger when you want to...
  5. W

    Discouraging ghost bidders at auction

    PB, you seem to know a lot about auctions. Can you tell me - if the winning bidder has entered a legally binding contract? - can the winning bidder be forced to sign a contract? - does the vendor have to sell to the highest bidder? - if a vendor bid is put in for 300,000, can I bid 300,000 too?
  6. W

    Discouraging ghost bidders at auction

    Can anyone see anything wrong with doing the following at auction: - when the auctioneer asks if anyone has questions before starting the bidding, put your hand up and ask "when did the house last get a termite and pest treatment?" or "why didn't the advertising say anything about the...
  7. W

    Discouraging ghost bidders at auction

    tell you overtly when we've finished buying in this area Andrew. you or one of the 421 readers of this thread might be bidding against us one day. I'll volunteer some of our rationale though: - this year, we think Bris might get a little of the hysteria that swept Melbourne last...
  8. W

    Discouraging ghost bidders at auction

    We were at auction this am. hadn't prepared to buy, but developed a serious interest in this place at auction. we thought it'd start around 800 and go up to 9-1.2. if it stayed under 1, we were interested. anyway, the first bid was an upper cut 1 three parties bid it up to 1.12, before...
  9. W

    Discouraging ghost bidders at auction

    btw Andrew, nice logo.....
  10. W

    Discouraging ghost bidders at auction

    I consciously didn't look at her once.....except in that general direction when I held the camera up to take the crowd shot. I wonder what she was questioning. I thought of walking right over to her to see if we could come to an arrangement mid auction....... I would have been keen to see...
  11. W

    Discouraging ghost bidders at auction

    yeah Will.....4-5km north of the cbd, 650m2, detached dwelling, Res A Demolition Code and Residential Design - Character Code. nearly the worst house in nearly the best street, dead end, child care, library, bowls club, soccer and rugby league clubs, significant park and recreational reserve...
  12. W

    Discouraging ghost bidders at auction

    an oldie but a goodie
  13. W

    Discouraging ghost bidders at auction

    I also realize some BAs slow the pace of an auction when bidding, totally unintentionally of course, by pretending to discuss further bidding with their client on a mobile.....and feigning mobile reception problems to slow things down....when all the time the client is standing right beside him...
  14. W

    Discouraging ghost bidders at auction

    We're looking at buying a particular property via auction in the near future. I am always weary of ghosts, trees, and vendor friends sticking their hand up. It occurred to me tonight to have a friend conspicuously video the gathered crowd. I thought it might spook naughty people into not...
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