Sell with Confidence
Read More
News

How to bid at auction – top tips from the experts

By Samantha Krimotat

Most people are totally blind-sided when it comes to bidding at an auction, Elliott Placks Director at Ray White Double Bay gives you his advice on 5 of the most effective auction strategies:

  1. Stand tall

Take a position in the centre of the room, it is very important to look determined, with strong body language. It is vital to show the other bidders that you will not be beaten.

  1. Don’t be afraid to make the first bid

If you start the process, then experience shows us you’ll have a better chance of still being there at the end.

  1. Try making a strong bid early

This has been known to take the competition by surprise.

  1. Counter immediately

This strategy gives the other bidder the impression that you’re going to keep going (and going, and going).

  1. Take your agents’ advice

Give careful consideration to what the agent recommends particularly about the reserve price on the day.

For further advice contact Elliott Placks or your professional and friendly agent at Ray White Double Bay.

Up to Date

Latest News

  • Loan Market Double Bay Delivers Record-Breaking Year

    It’s been a record-breaking year for Loan Market Double Bay, marked by growth, innovation, and national recognition, with over 330 clients supported, $350 million in loans settled, and a standout personal milestone for team leader Dan Pym, who has officially surpassed $1 billion in settled loans across his career. “This … Read more

    Read Full Post

  • Easter in the East

    In the Eastern Suburbs, long weekends are more than just a calendar break; they’re an opportunity to embrace the lifestyle this incredible pocket of Sydney is known for. But Easter isn’t just about slowing down. Plenty is happening across our neighbourhoods, from markets and seafood feasts to live music and … Read more

    Read Full Post