NSW Real Estate Institute
Cunningham, who has 40 years of experience and is currently chairman of the NSW Real Estate Institute, said the auction has successfully stood the test of time. "I've witnessed all the ups and downs and all kinds of changes, and I still prefer to sell the house for the auction through an auction."
Cunningham said that willing to auction depends on the specific circumstances of the seller and the house, but also whether the seller is ready to invest in property display and marketing related.
Michael Harris, a Raine and Horne-Newtown broker, says it looks better and marketed for auction houses. "The auctioneer costs only $ 550. The cost of the setup is between $ 3,000 and $ 4,500, depending on the size of the house, but the important factor encouraging everyone to go to the show is a photo."
Harris said the auction will allow sellers to fight for a better negotiating position. However, he cautions that when the auction house, the guide price and the intermediary agreement on the same. "Some people down the offer, it is incredible.If your offer is in consultation with the intermediary within the range, even if the racket, the auction day after the buyer is still able to properly negotiate."
For Eastern High End real estate, Brad Cleary chief Cleveland also tends to sell through the auction.
She said the auction could easily attract the most interested people and then enter a competitive atmosphere.
However, Mark Hurley, head of Starr Partners Parramatta, said Western-owned, medium-density, subdivided ownership was sold through private deals, but he has been urging sellers to auction for the more short-lived homes.
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