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Tips on making a offer on a house before it goes to auction

Asked on Aug 11 2013, General in Southsea | Report content

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  • Hi, Offer well above the starting bid price for the auction. E.g. starting bid 70,000 then you should offer around £80,000 In the event that you offer just around the starting bid price the auctioneer will always recommend taking the property to the room the night of the auction to receive a better figure however if you do offer above like we have suggested this is temptation for the vendor to sell as it may not be taken in the auction.

    Answered on Sep 23 2013, Report content

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