How to Succeed With an Auction Bidding Service

If you are thinking about purchasing a property at auction, it is important to have all your ducks in a row before the big day. This includes conducting thorough research, attending a few auctions and having a clear strategy of how to proceed on the day. The Murphy Jacobs team can assist with all of this and will be happy to provide a bidding service on your behalf, which takes away the worry of securing your ideal home at the right price.

Auction Bidding Service Melbourne , you must register your details with the agent and receive a bidder number. This is essential as it identifies you to the agents and auctioneer. Once you have been approved to bid, the auctioneer will outline any contract conditions and auction rules before the bidding begins. The bidding process can be fast and exciting as the auctioneer tries to encourage competition.

Bid with Confidence: The Benefits of Using an Auction Bidding Service in Melbourne

When you are successful in securing the property, you must make a cash deposit of 10% to the auctioneer as soon as the auction ends. This is the best way to ensure you are the winning bidder and secure the property without a long settlement period.

The auction process can be stressful for buyers, particularly those who have not purchased at auction before or who do not have the experience of engaging a professional buyers advocate to help them through the process. If you would like to discuss how a buyer’s advocate can help you succeed at auction, click the contact button below for an obligation free call.

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