Why Auction?

Over recent times we have noticed that with strong market conditions comes downward pressure on auction volume.

Why? One theory is, while stock is tighter, more agents compete at the point of listing and all agents know, the more competition, the less likely they’re getting the listing the way they want it - ie marketing, method of sale or correct pricing.

Auctions are actually designed to weather all conditions, but right now, while on average we have four registered bidders per auction, while the demand for quality property far out weighs the supply, while there is tangible strength in most market places, why not create an environment to the get the very best for your seller and allow the market to compete in a transparent way.

All the best
The Auction Group