PHOTO: Auctions
Real estate agents have been trying to perk up falling attendance at Sydney home auctions by offering tantalising giveaways and incentives for house hunters to register for bidding.
Sydney home auctions have turned into a bonanza of giveaways as real estate agents offer free coffee, arts and crafts bags for kids and even champagne in the hope of attracting bigger crowds to their sales.
The agents are hoping the larger crowds will counter some of the impact of the current property downturn and create the high pressure sales environment vital for auction success.
Turning auctions into a crowded spectacle has also helped lure in potential buyers who were not originally intending to register for the auction — some of who have gone on to buy the homes.
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