Tips for auction addicts
In order to secure a genuinely good deal, it is important to do one's research and proper planning prior to participating in an auction, whether in person or online. Attending a professional and prestigious auction, in person, is an exhilarating experience all on its own particularly when run by an experienced and highly qualified auctioneer.
Tips
Be clear on why you are purchasing.
Allow for commission, renovations and incidentals in your budget.
Do your homework - visit the property and decide on your limit that you will bid to at the auction.
Study the investor pack and ask questions.
Ensure your FICA and registration documents have been submitted beforehand.
Bid responsibly - stick to your limit and don't exceed what you can afford.
For more information on upcoming property auctions and a list of featured properties, go to www.highstreetauctions.com.