Private auctions – oh, so homely

Original article by Michael Bleby
The Australian Financial Review – Page: 2 : 2-Apr-15

Opinion is divided regarding the merits of selling a residential property via a private auction. Buyers’ advocate David Morrell notes that private auctions can distort the property market due to the lack of data on the results of such auctions. Abercrombys Real Estate’s Rob Vickers-Willis says private auctions allow vendors to avoid having people turn up just to have a look at the property

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