Hi first time poster looking for some advice.
Looking to buy a 2 bedroom unit for ppor that is scheduled for auction next week. It is listed as $380K plus and at the time if listing the agent was pretty confident they would go to auction with no offers accepted prior.
I called her up earlier in the week and she said the open for inspections had been fairly modest and the vendor was now open for offers prior to auction.
Do I believe this or take it as purely a tactic to tempt me to show my hand with a offer before auction?
I understand I could show my cards too early prior to auction but on the flip side I could make an aggressive unconditional offer and get it at a price I'm comfortable with?
What are some peoples thoughts on a good strategy from here? Make an offer or sit tight and wait for the auction
Looking to buy a 2 bedroom unit for ppor that is scheduled for auction next week. It is listed as $380K plus and at the time if listing the agent was pretty confident they would go to auction with no offers accepted prior.
I called her up earlier in the week and she said the open for inspections had been fairly modest and the vendor was now open for offers prior to auction.
Do I believe this or take it as purely a tactic to tempt me to show my hand with a offer before auction?
I understand I could show my cards too early prior to auction but on the flip side I could make an aggressive unconditional offer and get it at a price I'm comfortable with?
What are some peoples thoughts on a good strategy from here? Make an offer or sit tight and wait for the auction