Craig (Host)

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2,633 appearances 53 recordings 1 series first heard Oct 2021 last heard 16 Jan

Craig (Host)’s voice in public audio — every appearance, attributed to the second.

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Aussie Real Estate Podcast · Melbourne Property Auctions Update · 18 Oct 2022 podcast

So up and down with the market, one day you're reporting positivity, the next it's doom and gloom.

And when I was talking to the agent involved with that 630,000 apartment sale that was over the reserve, it's a good example of just how the auction process works.

Because if you had a private treaty on that,

You would never have got the sort of money involved in that case.

So I guess the question here is, are agents still having a little bit of a challenge of selling the auction method over the private sale?

Yeah, that's so true.

And you're dealing with a lot of these agents in your business.

And that in itself requires a lot of negotiations all year round.

No doubt you are discussing with agents how to close more business.

So what can an agent do to close a deal around an auction more effectively?

Yeah, right.

Okay.

And so here we are in October.

It's the 19th day.

Since we are talking about the agents, are there any problems the agents are facing at this moment in time with their buyers at auctions?

And when a vendor has an auction in motion, often an agent can present a pre-auction offer.

And I thought that you're probably the perfect person to ask this to, Fabian.

And that is, when is the right time to take a pre-auction offer?

Never.

Okay.

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