Auction Advantage in Canberra, Australian Capital Territory | Property
Auction Advantage
Locality: Canberra, Australian Capital Territory
Phone: +61 400 446 605
Address: Level 1 75-77 London Circuit 2601 Canberra, ACT, Australia
Website: http://auctionadvantage.com.au/
Likes: 283
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24.01.2022 Join us for the live Auction of 12 Baddeley Crescent, Spence
22.01.2022 9 Burgess Pl Yass Auction
20.01.2022 4 Woods Cl - Auction
19.01.2022 Auction at 14 Brimage place Kambah
18.01.2022 Auction in Charnwood, Canberra Auctioneer: Frank Walmsley
16.01.2022 Were live from the auction of 165 Carrington Road, Springrange. View the property here: https://bit.ly/3cVknrK
15.01.2022 Join us for the auction of the Historic Walgrove Homestead, Yass
13.01.2022 Join us for the Auction of Moorilla, WALLAROO
12.01.2022 Looking for High Returns (6%+). Without the hassles of body corporates and one set of land tax and rates. Consider the 900sqm block in Kambah.
12.01.2022 Welcome home to Murrumbateman! We just know you’re going to love it here #ByGeorgeItsSold #TeamSouthwell #localagents
10.01.2022 Catherine from Upside
09.01.2022 Another fantastic result today with the auction of 31 Bingham Cct Kaleen - a 126sqm 4 bed, single bath home. 9 registered bidders, so if you know anyone who has... something similar please give them my name as I have 8 people ready to put their money down! Thanks as always to Frank Walmsley from Auction Advantage for his expert auctioneering with Dad jokes at no extra charge
09.01.2022 By George it's SOLD! ‘The Escape’ has been sold under the hammer at Auction! How’s this for some heat of the moment Auction action! ... George Southwell 0429 838 345
07.01.2022 Auction 17 Holman Street Curtin LIVE NOW
06.01.2022 Were here at the auction of 3 Meldrum Street Weston by One Agency Sandy Morris, Auctioneer Frank Walmsley.
05.01.2022 14 Barley Place, Murrumbateman Auction
05.01.2022 Join us for the Auction of 23 Kilby Cres, Weetangera
03.01.2022 Todays auction at 19 Croton St Rivett. Sold well above reserve for $562,500 with 8 registered bidders! Thanks to Frank Walmsley for his fabulous auctioneering as always.
03.01.2022 Here today to auction the lovely 10 Kidston Crescent, Curtin. Looking forward to seeing who the lucky new owners will be.
01.01.2022 Ive sold a handful of properties as an auctioneer for private sellers. All sold, all had bidders, and all the owners had little idea what they were doing. One sold $100,000 above the reserve (Dickson). What does the reference to private sellers mean? It means that many auction successes are a simple product of pure market demand and supply shortage. The best analogy (i am not a fan of horse racing) is the Jockey of Black Caviar - the most successful horse in Australia rac...ing history - many agents are the jockeys on the back of the auction. It doesnt matter whos riding its going to be a winner. Without a doubt, agents that sell via auction are more skilful than the run-of-the-mill agent. It is harder work selling via auction than simply putting a price on and negotiating to 98% of what the owner wants. However, the strength of demand can cover up the errors and omissions of agents. An adequately motivated and incentivised agent can get the seller more. As buyers, overworked agents with minimal incentive (flat and base fees) are agents that wish to turn the sellers property over as quickly as possible and are the ones that you should target when it comes to pre-auction offers. Worse are compromised agents wanting to get buyers sale or property management listing. If the seller is auctioning their home, they generally stand to attain 97% of the proceeds and the agent, the lawyers and advertisers the remaining 3%. In almost all cases - 100% of the negotiations are handled by the agent. Remembering most agent stands to get a flat $15,000 or $10,000 or 1,2,3% of the sale price. There is a plan to implement pre-auction offers. When working with me, its a process of collaboration and with you asking the right questions of the agent provided by me. They shouldnt know Im behind the scenes. There are about 4 proven series of interactions that work. In many ways, its a bit like the 4-step opening chess move. We do need to, however, have an understanding of our opponent negotiator - NOT THE SELLER - the agent and what motivates them. There are agents that have a predilection to selling prior to auction; there are some agents (which us auctioneers love) that rarely if ever sell pre-auction. To get help implementing pre-auction offers and to discover what agents to target, please call to discuss. Frank Walmsley 0400446605
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