Buying a property at auction can be an extremely daunting and emotional experience. To help make the process easier for prospective buyers, auctioneer Michael Richardson from Fletchers real estate agency provides some of his tips and insights after speaking at a Bankwest Connect Event.
Michael’s top tips for bidding at auction:
- Position yourself front and centre of the auctioneer
- Bid in larger increments to put off other bidders
- Know your plan and budget - and stick to them
- Don’t make emotional decisions on the day.