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本帖最后由 ysun062 于 2011-6-14 17:02 编辑
I am keen to buy this property, but its auction.
I know alot of property get sold prior to auction, so i thought i must be quick, hence I arranged the finance pre-approval and told the listing agent that I want to make an pre-auction unconditional offer.
but the agent told me, once I make the offer, two things can happen, the owner will either accept or decline.(the owner can not counter offer!!) If declined, then it will go on auction as usual, if accepted, the agent will bring the auction forward by a week, and start the bidding at amount I offered for !
After the agent told me all these thing, I thought - if thats the case, whats the point of making a pre-auction offer ?! the best thing i can achieve is to bring the auction forward by a week and force the starting bid to be at the price I offered for ! that is not a good situation for the buyer surely !
Anyone is familiar with real estate can provide some advice here ?
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Here is the complete story, I did not give a pre-auction offer, and last saturday the listing agent told me a pre auction offer is made by someone else and the auction is bought forward by a week, which is Today !!!
So I went to the auction, and the starting bid is at 686k and the house is on market (so the owner has agreed with 686k). I set my limit to 710k, so I thought I have a great chance, and the bidding started....
below 700k, there were 4 bidders,, and after 700k, there were two bidders remaining, me and this white guy... and each time i took time to decide how much to offer, sometimes by $1000, $500, $2000, i take about 2 minutes to decide each round,, and once i made the decision to up the bid, the white guy counter bid without thinking,, he dont even think.... just increase the bid immediately,,
so this go on to 725k, and he won the bid,, (i gave up at 724k). And we I leave the place, i meet eyes with the white guy,, he dont look happy at all....
http://www.trademe.co.nz/property/residential-property-for-sale/auction-380683962.htm
have a look at the property if you interested.... what do you guys think ? |
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