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:
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.
If you start the process, then experience shows us you’ll have a better chance of still being there at the end.
This has been known to take the competition by surprise.
This strategy gives the other bidder the impression that you’re going to keep going (and going, and going).
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.
Ray White Double Bay is proud to announce that Loan Market Double Bay has been named a finalist in the Australian Broking Awards 2024: Franchise Office of the Year, recognising their standing among the top broking professionals and businesses in Australia. The Australian Broking Awards is the pinnacle event of … Read more
Ray White Double Bay is excited to announce that the Atlas Display Suite is now open! Atlas is a private enclave of two, three and four-bedroom residences in the tranquil delights of harbourside Rose Bay. The perfect intersection between city and sea. Atlas is nestled between Bellevue Hill and Vaucluse, … Read more