42 - Everything Agents Need to Know About Timed Auctions
We Are Selling with Lee Woodward
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Timed Auctions - What a Great Example
Timed auctions can be used to bring the market to a property. The minimum bid is 50,000 but if you are registering the bidding increments is minimum of 50,. That digital control throughout the campaign has been a great benefit to our agents. Jake we've just had a property sold in Port Macquarie that had been on the market for 12 months and this was one of the podcasts that we did on the We Are Selling show. It'd been at normal auction - it didn't sell so owners agreed they would give anything ago and they did a timed auction. And the starting bid was the reason the buyer understood the property. So some really good tools and a great example around how you
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