Is it better to have someone else do the bidding? 0 8

Anyone can put their hand in the air, right? So why hire a professional to bid at auction?

According to one such expert, it’s because buying real estate under the hammer is much more complex than simply bidding. It can also be a scary prospect for many people, especially for those who’ve never done it before.

Melbourne-based buyer’s advocate, Cate Bakos, says buying at auction requires carefully crunching data to settle on a limit, a clear auction day strategy, a cool head and even a bit of psychology.

And as with any other life skill, practice makes perfect, so experience matters.

So, she says, it makes good sense to hire someone who knows exactly what they’re doing.

Bakos says those who employ a professional to bid on their behalf generally fall into three categories – those afraid of public speaking, those who recognize they’re out of their depth and people who are time-poor.

“Why wouldn’t you hire a professional who does it several times a week? Who knows all the tricks of the trade and has the ability to get a result?” she asks.

Read more from Source: RealEstate.com

Get involved by commenting below!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Leave your comments

No comments yet
Previous ArticleNext Article
Sean Samuel avatar

Sean Samuel is a highly creative genius and is using his talents and abilities to make himself and others people of worth. This page seeks to educate, stimulate and encourage those who use it daily.
There will be fun times and times to reflect on the real issues of life by our daily post whether videos, pictures

Most Popular Topics

Editor Picks