Police Bank Property Tips

Keeping you up to date with the property market

and giving you tips on how to improve your home

How to Buy at Auction

Many buyers relish the competition and sense of intrigue that buying at auction lends – but for those less experienced with purchasing in this way, it can seem intimidating.

Information is current at date of publication: 9:36am Wednesday, April 22, 2015

Quote it Low Watch it Go, Quote it High Watch it Die.

There is a common expression amongst real estate agents: “quote it low watch it go, quote it high watch it die”. This refers to auction sales campaigns and this thought process leads to frustration on the part of property buyers. Talk to any buyer in an auction area and they will be able to regale […]

Information is current at date of publication: 2:29pm Friday, January 30, 2015

The Timing Dilemma

It is difficult when you have found two properties that you like and they are both on different timelines. Especially if one is for sale by private treaty and the other by auction in a few weeks. The temptation is to think that the private treaty property will be more straightforward since there is an […]

Information is current at date of publication: 2:28pm Friday, January 30, 2015

Auction Strategies

A strong opening bid can often work wonders – but you need to be sure of market values and very brave to go through with it. We refer to this strategy as a “slam dunk”. If buyers are nervous about the market they are going to seek reassurance from other buyers bidding. A knock out […]

Information is current at date of publication: 2:28pm Friday, January 30, 2015