{"id":8934,"date":"2017-08-04T16:54:20","date_gmt":"2017-08-04T04:54:20","guid":{"rendered":"http:\/\/propertynoise.co.nz\/au\/?p=8934"},"modified":"2017-08-04T16:54:20","modified_gmt":"2017-08-04T04:54:20","slug":"online-auctions-dont-work","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/online-auctions-dont-work\/","title":{"rendered":"Why online Auctions don’t work"},"content":{"rendered":"
\n

THE FUTURE of real estate purchasing has long been forecast as digital. But conducting home purchase transactions over the internet rather than face-to-face is still a rare occurrence.<\/strong><\/p>\n<\/div>\n

We know over 95 per cent of people use the internet and apps to do their property research but the emergence of online auctions has never been widely embraced.<\/p>\n

There are several online platforms these days where buyers can bid on properties rather than turn up to an auction or estate agent\u2019s office to sign the deal. These listings tend to be properties that are more likely suited to private treaty, so they get a boost via their online auction.<\/p>\n

READ MORE VIA NEWS.COM.AU<\/a><\/p>\n

\"\"<\/p>\n

The recent auction of 51 Perth St, Camp Hill. On-site auctions still generate the most interest. Picture: Annette Dew<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

THE FUTURE of real estate purchasing has long been forecastRead More →<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[],"class_list":["entry","author-data123nz","post-8934","post","type-post","status-publish","format-standard","category-australian-property-real-estate-news"],"yoast_head":"\nWhy online Auctions don't work - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/online-auctions-dont-work\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why online Auctions don't work - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"THE FUTURE of real estate purchasing has long been forecastRead More →\" \/>\n<meta property=\"og:url\" content=\"https:\/\/propertynoise.co.nz\/au\/online-auctions-dont-work\/\" \/>\n<meta property=\"og:site_name\" content=\"Property News Australia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PropertyNoiseNZ\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-04T04:54:20+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2017\/08\/The-recent-auction-of-51-Perth-St-Camp-Hill.-300x169.jpg\" \/>\n<meta name=\"author\" content=\"Property Noise Group\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:site\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Property Noise Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/online-auctions-dont-work\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/online-auctions-dont-work\\\/\"},\"author\":{\"name\":\"Property Noise Group\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/person\\\/175c8981af50e593000aa8ad7aab9d84\"},\"headline\":\"Why online Auctions don’t work\",\"datePublished\":\"2017-08-04T04:54:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/online-auctions-dont-work\\\/\"},\"wordCount\":139,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/online-auctions-dont-work\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2017\\\/08\\\/The-recent-auction-of-51-Perth-St-Camp-Hill.-300x169.jpg\",\"articleSection\":[\"Australian Property & Real Estate News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/online-auctions-dont-work\\\/\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/online-auctions-dont-work\\\/\",\"name\":\"Why online Auctions don't work - 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