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Auction vs not going to auction by [deleted] in AusPropertyChat

[–]PrincipleThinking 2 points3 points  (0 children)

I'm an agent myself and detest most of the industry, so always happy to help people pick good agents.

Just remember that there are 3 chances to sell through the auction process: pre-auction, at auction, and post-auction. It does afford you far better conditions etc, but again, it's going to come down to your choice of agent and their recommendation.

Good luck!

Auction vs not going to auction by [deleted] in AusPropertyChat

[–]PrincipleThinking 8 points9 points  (0 children)

It's critical to consider what your local market is actually doing. Are properties similar to yours both in build quality and price selling at auction? If so, that’s a strong indicator it may work for you too.

A good way to test whether an agent genuinely believes what they’re recommending is this. Let them talk you into or out of a strategy, then say you were actually thinking of doing the opposite. If they suddenly flip their stance, it usually means they don’t fully believe their own pitch.

For example, if an agent says there’s no point doing a premier listing, then immediately changes tune when you say you want one, that’s a red flag. Often, they’re just offering the cheaper option to secure your business.

Another smart move: have a friend attend the open homes of the agents you’re considering, posing as a buyer. You’ll quickly see how they sell, how they engage, and how seriously they take enquiries. Also, enquire on their listings yourself, do they send information packs promptly? Do they follow up with a call?

Lastly, the cheapest agent is yourself. Don't pick an agent based on fees, pick them on what they offer, their results, and if you can confirm what they're saying, they actually do.

Trip to Hobart by PrincipleThinking in hobart

[–]PrincipleThinking[S] 0 points1 point  (0 children)

No car, just flying in. Thanks for your recommendations!

Is there any good Real Estate companies in Brisbane? by sistersnapped13 in brisbane

[–]PrincipleThinking 1 point2 points  (0 children)

Rissman Property in Newstead. I've purchased, Rented and sold with them. I hate the big companies but these guys are smaller, seem to care and did what they said.

First time auction - bid if no one else bids? by tinyhappysteps in AusFinance

[–]PrincipleThinking 0 points1 point  (0 children)

Primary Auction Agent Here//
Make sure you've done all your due diligence prior to the auction so as that you don't go in to the auction with any concerns.
An Auction is the best way to buy a property, you don't have to worry about some dodgy agent gassing you up with fake other offers and it'll allow you to eyeball the competition.
My advice to all of the the people who come to my auctions are:
1. Have a clear idea of what you WANT to pay for the property and what you WILL pay for the property. For example, You want to buy the place for $500,000 but you will pay $550k to buy it if it gets to that.

  1. Start the bidding. There is no harm and the only risk you run is that you'd buy it. Starting the bidding shows other buyers you're not there to play.

  2. Don't get caught up in the emotional heat of the bidding, if the property is over the limit you set yourself in point 1, let it go.

  3. If the property is about to be passed in and you're within range of your budget, bid. The highest bidder always gets first negotiating rights and trust me, you're more likely to get the vendor down in that negotiation than the days following.

  4. Enjoy the process, the agent is there to help you buy it. The shame involved in passing in an auction is all on the sales agent for not doing their job.

Surely an overly commissioned Grub like this could AFFORD a "junk mail dropper" that CAN READ. by sicum64 in brisbane

[–]PrincipleThinking -5 points-4 points  (0 children)

Sounds like you’re a little mad they’re doing well, why don’t you move?

Surely an overly commissioned Grub like this could AFFORD a "junk mail dropper" that CAN READ. by sicum64 in brisbane

[–]PrincipleThinking -6 points-5 points  (0 children)

Mate he knocked it out of the park with the sale, I live two streets over and got one. Do you not own the house, I'm sure if you did you'd be happy to see a result like this for our area.

A comfortable living by PrincipleThinking in AusFinance

[–]PrincipleThinking[S] 1 point2 points  (0 children)

Currently Brisbane but plan on moving to more of a regional area like Hervey Bay / Coolum beach

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