First Home Buyers Hot tips
New Home Buyers Hot Tips Part 26: Tips to Bidding at the Property Auctions:
November 27, 2012 by Kevin Cammell · Leave a Comment
New Home Buyers Hot Tips:
Part 26 : Tips to Bidding at the Property Auctions:
m) Know the Auctioneers Tricks.
As you visit the auctions the Auctioneer has a bag of tricks to get your bids rolling in on the particular property. They have the gift of the gab normally and use a lot of flattery to get your bids higher. Complementing you on a good bid is a common tactic. Listen out for things said like “That was a great bid” “Go on make another $50k bid fortune follows the brave” “Your looking good, are you in for another bid. Come sir / madam back to you your looking good.
Kevin is a member of the New Zealand Mortgage Brokers Association. The NZMBA promotes standards of professional and ethical conduct, including expert knowledge, integrity, competency and service to clients, lenders and the public of New Zealand.