G'day All,
Upon browsing some of the properties listed on the net it appears to me that agents are starting to put low ball (suck potntial bidders in) figures in with the ads for upcoming auctions again.
I might very well be incorrect but I felt this practice fell away somewhat over the last year or so whilst there seemed to be national scrutiny on auction practices.
I'm not aware of the low ball practice being outlawed. I would be interested in any Sth Aust. investors thoughts / perceptions of the current state of play.
I have searched previous threads, but sadly there wasn't a lot that I came across particularly pertaining to SA.
Cheers Ian
Upon browsing some of the properties listed on the net it appears to me that agents are starting to put low ball (suck potntial bidders in) figures in with the ads for upcoming auctions again.
I might very well be incorrect but I felt this practice fell away somewhat over the last year or so whilst there seemed to be national scrutiny on auction practices.
I'm not aware of the low ball practice being outlawed. I would be interested in any Sth Aust. investors thoughts / perceptions of the current state of play.
I have searched previous threads, but sadly there wasn't a lot that I came across particularly pertaining to SA.
Cheers Ian