Tips for Buying at Auction

Fitzpatricks - 02/07/2020

Auctions can be daunting for those who are unfamiliar with the process, especially if it’s the first time you’ve attended an auction looking to purchase. But auctions can be very thrilling and great outcomes can be achieved. If you’re considering purchasing at auction, here are three simple tips to ensure it is an enjoyable process. 1. Familiarise yourself with the auction process Understanding the process …

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Can I submit an offer to buy a property prior to Auction?

Fitzpatricks - 04/07/2019

Yes. The agent will submit offers to the Vendor throughout the campaign and the property can legally be sold prior to auction. It is at the vendors’ discretion whether they accept the offer and often they prefer to proceed with the auction if there are multiple interested parties. If the vendor accepts your offer, you must be prepared to wave the cooling off period, exchange …

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Quick Tips for Buying at Auction

Fitzpatricks - 05/06/2019

So the property you wish to purchase is going to auction. Here’s a quick guide to what you need to know come Auction time So what’s involved in buying a home at auction? To be able to bid at auction you will need to register prior to the auction commencing. You will be asked to give your name, address and show proof of identity If …

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Should I Sell at Auction?

Fitzpatricks - 18/05/2017

Auction is recognised as being an effective way of creating wide public interest and reaching a large number of prospective purchasers in a short period of time. It is appealing to more and more vendors today it gives you a start and end date to the selling process. Benefits of auction Maximum exposure for maximum market impact. There is a clear beginning and end to …

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