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Episode 4: How, When and Why to Auction in the Brisbane Property Market

By Place Estate Agents

Episode 4: In this episode, we are discussing how, when and why to auction in the Brisbane property market with Chief Auctioneer, Peter Burgin. After calling over 10,000 auctions, Peter comments on how auction can influence the sale of a property, and what makes the process unique in Brisbane City. We cover: ● How auctioning in Brisbane has changed over the years; ● What makes auctions unique in Brisbane compared to other cities and the rest of the world; ● How auctions influence a properties time on market; ● Why some owners have a reluctance to initially go to auction with the sale of their home; ● The clearance rate at auctions in Brisbane compared to other cities; ● How auctions can influence the sale price of your property; ● The pros and cons of auction; ● How auctions create more certainty and commitment around a sale; ● What is the most important ingredient to an auction?; ● After calling 10,000 auctions, what’s been Pete’s most memorable? To download a copy of the Brisbane Market Report, head to: www.eplace.com.au/podcast

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