Justin Nickerson is the director of Apollo Auctions, and was the 2017 and 2016 Australasian Auctioneer of the Year.
The true impact of the last week's developments within the housing market could be a matter of perception.
An auctioneer has a hybrid role that fulfils a number of distinct behind the scenes purposes.
Brisbane has developed an auction culture of its own throughout the past 10 years.
In the years gone by, successful real estate agents were usually the ones who consistently worked the hardest while also creating and nurturing networks and relationships.
There are a couple of schools of thought around auctions when it comes to market conditions.
In soft market conditions, I struggle to understand the motivation of some vendors who list their properties for sale but were unlikely to ever accept the reality of what buyers are prepared to offer.
A recent media story was a tale of auction woe and “helpfully” outlined the worst performing suburbs in Australia.
Millions of Aussies were glued to their TVs to learn which team came out on top in the latest season of the Block recently.
I firmly believe that auction clearance rates are the property market’s most irrelevant statistic.
Vendor bidding is an accepted auction practice, but it doesn’t have the best reputation.