{"id":24745,"date":"2020-04-18T09:39:28","date_gmt":"2020-04-17T21:39:28","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=24745"},"modified":"2020-04-18T09:39:38","modified_gmt":"2020-04-17T21:39:38","slug":"never-get-emotional-how-to-win-an-online-property-auction","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/never-get-emotional-how-to-win-an-online-property-auction\/","title":{"rendered":"\u2018Never get emotional\u2019: How to win an online property auction"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>PHOTO:  Buyers need to get up to speed on tactics for winning online auctions.&nbsp;Photo:&nbsp;Peter Rae <\/strong><\/p>\n\n\n\n<p class=\"has-drop-cap wp-block-paragraph\">Acting promptly to secure a first-mover advantage, and making sure you have a clear picture of the market and what value represents, are essential to win online residential property auctions, according to experts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Online auctions are now the norm after face-to-face real estate auctions were banned on March 25 due to social distancing rules to combat COVID-19.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/propertynoise.co.nz\/au\/real-estate-tricks-to-negotiate-covid-19\/\"><img decoding=\"async\" data-src=\"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/04\/Real-estate-tricks.jpg?resize=460%2C270&amp;ssl=1\" alt=\"Real estate tricks\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><a href=\"https:\/\/propertynoise.co.nz\/au\/real-estate-tricks-to-negotiate-covid-19\/\">Real estate tricks to negotiate COVID-19<\/a><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Even experienced bidders now need to develop new skills to win in the digital environment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The first step, says Cate Bakos, president of the Real Estate Buyers Agents Association, is to ensure you\u2019re fully informed of any quotes agents have provided on a property. These include printed ranges or figures given verbally. You also need to do your own research.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cHave a really firm idea of the market,\u201d Bakos says. \u201cAim to start bidding at a price 15 per cent to 20 per cent under where you think value is.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">READ MORE VIA<a href=\"https:\/\/www.domain.com.au\/advice\/how-to-win-an-online-property-auction-949262\/?utm_campaign=strap-masthead&amp;utm_source=smh&amp;utm_medium=link&amp;utm_content=pos4&amp;ref=pos1\"> DOMAIN<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">MOST POPULAR<\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/propertynoise.co.nz\/au\/inside-masterchef-star-poh-ling-yeows-incredible-adelaide-home\/\"><\/a><a href=\"https:\/\/propertynoise.co.nz\/au\/inside-masterchef-star-poh-ling-yeows-incredible-adelaide-home\/\">Inside MasterChef star Poh Ling Yeow&#8217;s incredible Adelaide home<\/a><\/li><li><a href=\"https:\/\/propertynoise.co.nz\/au\/early-market-indicators-show-the-first-signs-of-a-housing-market-slowdown\/\"><\/a><a href=\"https:\/\/propertynoise.co.nz\/au\/early-market-indicators-show-the-first-signs-of-a-housing-market-slowdown\/\">Early market indicators show the first signs of a housing market slowdown<\/a><\/li><li><a href=\"https:\/\/propertynoise.co.nz\/au\/a-650-acre-estate-in-new-zealand-where-lord-of-the-rings-was-filmed-has-sold\/\"><\/a><a href=\"https:\/\/propertynoise.co.nz\/au\/a-650-acre-estate-in-new-zealand-where-lord-of-the-rings-was-filmed-has-sold\/\">A 650-Acre Estate In New Zealand Where Lord Of The Rings Was Filmed Has Sold<\/a><\/li><li><a href=\"https:\/\/propertynoise.co.nz\/au\/west-perth-apartment-of-the-late-billionaire-businessman-stan-perron-listed\/\"><\/a><a href=\"https:\/\/propertynoise.co.nz\/au\/west-perth-apartment-of-the-late-billionaire-businessman-stan-perron-listed\/\">West Perth apartment of the late billionaire businessman Stan Perron listed<\/a><\/li><li><a href=\"https:\/\/propertynoise.co.nz\/au\/australian-city-famous-for-its-sporting-heroes-officially-dumps-its-chinese-sister-city\/\"><\/a><a href=\"https:\/\/propertynoise.co.nz\/au\/australian-city-famous-for-its-sporting-heroes-officially-dumps-its-chinese-sister-city\/\">Australian city famous for its sporting heroes officially DUMPS its Chinese sister city<\/a><\/li><li><a href=\"https:\/\/propertynoise.co.nz\/au\/inside-married-at-first-sight-star-stacey-hamptons-surprisingly-average-400000-adelaide-home-despite-her-20000-shoe-collection-and-90000-car\/\"><\/a><a href=\"https:\/\/propertynoise.co.nz\/au\/inside-married-at-first-sight-star-stacey-hamptons-surprisingly-average-400000-adelaide-home-despite-her-20000-shoe-collection-and-90000-car\/\">Inside Married At First Sight star Stacey Hampton&#8217;s surprisingly average $400,000 Adelaide home &#8211; despite her $20,000 shoe collection and $90,000 car<\/a><\/li><li><a href=\"https:\/\/propertynoise.co.nz\/au\/real-estate-tricks-to-negotiate-covid-19\/\"><\/a><a href=\"https:\/\/propertynoise.co.nz\/au\/real-estate-tricks-to-negotiate-covid-19\/\">Real estate tricks to negotiate COVID-19<\/a><\/li><li><a href=\"https:\/\/propertynoise.co.nz\/au\/real-estate-ceo-and-founder-launches-initiative\/\"><\/a><a href=\"https:\/\/propertynoise.co.nz\/au\/real-estate-ceo-and-founder-launches-initiative\/\">Real Estate CEO and Founder Launches Initiative<\/a><\/li><li><a href=\"https:\/\/propertynoise.co.nz\/au\/relief-for-renters-huge-440million-package-to-be-announced\/\"><\/a><a href=\"https:\/\/propertynoise.co.nz\/au\/relief-for-renters-huge-440million-package-to-be-announced\/\">Relief for renters: Huge $440million package to be announced<\/a><\/li><li><a href=\"https:\/\/propertynoise.co.nz\/au\/inside-instagram-model-tammy-hembrows-2-million-gold-coast-waterfront-mcmansion\/\"><\/a><a href=\"https:\/\/propertynoise.co.nz\/au\/inside-instagram-model-tammy-hembrows-2-million-gold-coast-waterfront-mcmansion\/\">Inside Instagram model Tammy Hembrow&#8217;s $2 million Gold Coast waterfront McMansion<\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Buyers need to get up to speed on tactics<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/never-get-emotional-how-to-win-an-online-property-auction\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":24746,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478109352,478103996,478099918],"class_list":["entry","author-data123nz","post-24745","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-online-property-auction","tag-property-auctions","tag-property-sales"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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