how can i find those properties that didnt sell in auctions?
I read in the newspaper that the auction results and ratios are not accurate, since the agents dont report the aucts that didnt sell.***********************
how can i find those properties that didnt sell in auctions?
I read in the newspaper that the auction results and ratios are not accurate, since the agents dont report the aucts that didnt sell.Fullout
It makes sense to look for these properties as when you find them you will almost certainly find a motivated vendor who has had the “stuffing knocked out” of them with the emotional trauma of an auction that did not sell.
You are correct that agnets don’t report all passed in properties, but they will almost certainly report all sales.
To find the properties that did not sell at auction have a look at the auction ads for the geographic areas in which you are interested and then after the weekend look inn the papers to find those properties that were passed in or were not reported. they are the ones to follow up.
How to take advantage of the new auction rules is a lead article in this months Property Investmant Update ezine – subscribe4free at
http://www.metropole.com.au/html/Subscribe.htmMichael Yardney
Metropole Properties
http://www.metropole.com.auI Look in the sunday age
and the sunday sun
all the reported ones are listed there
I Look in the sunday age
and the sunday sun
all the reported ones are listed there
What I meant was look at Sturday’s Age and see which auctions were listed for that day. You will find many of them will not have results reported on SundayMichael Yardney
Metropole Properties
http://www.metropole.com.auWhat alot of misinformation,as an agent we would be mad not to report auction results the reality is it is often the best ad that gets some so called experts like yourself calling and perhaps logically those that may not be reported are those that the vendors are unrealistic and really dont want to sell
What alot of misinformation,as an agent we would be mad not to report auction results the reality is it is often the best ad that gets some so called experts like yourself calling and perhaps logically those that may not be reported are those that the vendors are unrealistic and really dont want to sell
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