So I have come to the conclusion that I hate auctions.
Here are my reasons why.
Went to an auction today at the barefoot & thompson auction rooms. Firstly you cannot find a park for love nor money. You then rush in to the auction room to catch your lot number.
The going was slow today, with very few buyers, so what does the auctioneer do? He drags out the process, with little bidders, the auction lots are slow going, painfully slow as the auctioneer
and his sidekick try to get every last cent out of the room. Time between lots is slow, I'm looking at my watch, need to go back to work, auctioneers are in no hurry.
As we approach our lot number, the opening bid is near our top offer, walk straight out, waste of my time, someone wanted the property bad enough to pay probably 90k more than it was worth.
Complete waste of my time, lucky we did not spend a cent on DD, only auction I would attend in the future will be on the end of a cell phone bidding remotely.
Feel as though you could waste a lot of time in auction rooms, time I do not have.
Only positive out of the day was a bit of market intel, market is not as hot as the media and the like suggest, buyers are definitely more cautious and vendors just defiant.
FH
Here are my reasons why.
Went to an auction today at the barefoot & thompson auction rooms. Firstly you cannot find a park for love nor money. You then rush in to the auction room to catch your lot number.
The going was slow today, with very few buyers, so what does the auctioneer do? He drags out the process, with little bidders, the auction lots are slow going, painfully slow as the auctioneer
and his sidekick try to get every last cent out of the room. Time between lots is slow, I'm looking at my watch, need to go back to work, auctioneers are in no hurry.
As we approach our lot number, the opening bid is near our top offer, walk straight out, waste of my time, someone wanted the property bad enough to pay probably 90k more than it was worth.
Complete waste of my time, lucky we did not spend a cent on DD, only auction I would attend in the future will be on the end of a cell phone bidding remotely.
Feel as though you could waste a lot of time in auction rooms, time I do not have.
Only positive out of the day was a bit of market intel, market is not as hot as the media and the like suggest, buyers are definitely more cautious and vendors just defiant.
FH
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