Fabian Sanelli
speaker
229 appearances
4 recordings
1 series
first heard Jul 2022
last heard Oct 2022
Fabian Sanelli’s voice in public audio — every appearance, attributed to the second.
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Now that means, Craig, that sellers are starting to regain confidence in auctions and we should see those private sale numbers continue to decline now heading into spring.
Yeah, absolutely.
I mean, sellers are now in that mind frame where, as I mentioned before, 558 homes went under the hammer last weekend.
It's
clearly evident that the seller's mindset right now is to hold off and actually list their property on the market in spring and we're also going to see an influx of buyers heading into the spring market as well because the weather's nicer more people are out and about so maybe some bidding strategies are something that bidders have to take into that transition market as well.
Okay, well, I've got four main ones.
They're the ones I always say.
I've got number one, which is bid bold early.
I've got number two, which is bid big late.
My third one is rapid fire.
And my fourth one is I like to call momentum killer.
So I'll break them down very briefly for you.
So the first one, big, bold, early bid.
It's pretty self-explanatory, Craig.
This one is when you come out guns blazing with a big, bold bid at the very start of the auction in order to knock out your competitors.
market when the auction has a lot of interest.
So you don't give the bidders an opportunity to bid and get emotional.
The second strategy is big, bold, late.
Now, much of the same as the first one, but the complete opposite, of course, you wait right before you feel the auction will be knocked down and you come out with a knockout bid.
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