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How to negotiate at auctions

“I prefer to stand outside where I can assess whether there is any real competition or just friends who are pretending to be buyers hanging around.” Hundreds of properties are being passed in at auction as listings spike up for spring time and buyers become a little more cautious. A pass-in occurs when the top bid falls […]

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Sydney’s spring time boom

“Sydney’s booming late-winter home auction market is steaming into spring after the strongest late-winter market on record.” Andrew Wilson, Domain Group The last weekend in August is the beginning of the robust Sydney spring home season with high numbers of auctions signalling the end of the more subdued winter market. This year will be no […]

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Housing market ready for spring time boom

Boom-time buyer momentum has returned to Sydney with remarkable auction clearance rates last weekend. Sydney recorded its highest weekend clearance rate for over a year and the second consecutive weekend spike since the Reserve Bank decided to cut interest rates a fortnight ago. The 82.8 per cent result was higher than the 79.4 per cent recorded […]

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