Rental "Auctions"

Discussion in 'Property Management' started by hematite, 28th Feb, 2022.

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  1. hematite

    hematite Well-Known Member

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    I was under the impression that you could not "auction" rental properties. This is in Perth - is this allowable?

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    Last edited: 28th Feb, 2022
    hematite, 28th Feb, 2022
    #1
  2. standtall

    standtall Well-Known Member

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    19th Oct, 2015
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    Sydney, NSW
    Only VIC and QLD have laws prohibiting rental bidding.

    Another reason to move to QLD!
     
    standtall, 28th Feb, 2022
    #2
    Michael Mitchell and hematite like this.
  3. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    Inviting offers isnt an auction. Its more a blind tender.
     
    Paul@PAS, 28th Feb, 2022
    #3
    Michael Mitchell and hematite like this.
  4. Tom Rivera

    Tom Rivera Property Manager Business Member

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    I didn't realise you could do it in NSW, that's interesting! @Mel Morgan is it very common down your way?
     
    Tom Rivera, 5th Mar, 2022
    #4