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Melbourne Property Buying
News and Blog
Property Auctions - Will the Property Sell When the Auction Price is Over the Reserve Price?
Will the property always sell if auction ends at or above Reserve Price? What are the rules and how can this affect the auction winner?
Rayson L.
Nov 223 min read
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What Happens If Auctioneers Must Disclose the Reserve Price Before Auctions in Melbourne?
How will Reserve Price Disclosure change Property Auctions in Melbourne? How will sales agents work around this new rule? Will this end Underquoting?
Rayson L.
Nov 224 min read
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Should Auction Reserve Price be Disclosed in Melbourne?
Should agents disclose the reserve price at auction? What will happen if disclosure of Reserve Price is compulsory? How will Sales Agents work around this? Learn how hidden reserves shape bidding, the pros and cons for buyers and sellers, and how to protect yourself.
Rayson L.
Nov 2112 min read
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