Underquoting for Auctions - is it the agent's fault?

Discussion in 'The Buying & Selling Process' started by The Y-man, 10th Oct, 2019.

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  1. kaibo

    kaibo Well-Known Member

    Joined:
    30th Jul, 2017
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    624
    Location:
    Melbourne
    depends how much you want it, it has happened before when people show up first time on day of auction, bid hard and buy it.

    Buying with pre-auction offer would have avoided this but pre-auction most of the time means offer is well over what the agent thinks they have other buyers at or just no other solids buyers around