Property expert's eight tips to 'get comfortable with auctions'

Property expert's eight tips to 'get comfortable with auctions'

Aussies have to get used to the idea of purchasing under the hammer according to this property expert. Restrictions being lifted in many states has led to an increase in auctions as vendors rush to 'get the best price' before the anticipated cooling of the property market. There are 4,354 auctions scheduled for auctions in the upcoming week - the first time scheduled auctions has surpassed 4,000 - according to CoreLogic's auction preview. To prepare Australians for purchasing a property at auction, Arjun Paliwal, Founder and Head of Research at InvestorKit, provided his pre-game and on-the-day tips to ensure buyers have the 'best chance of winning' at auction. "Those buying in markets like Brisbane, Adelaide and regional areas, where in the past haven’t been traditional auction markets, will see greater …
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