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This is why marketing a property without a price for at least the first part of the campaign is the most efficient way to achieve the best possible outcome. And to get the best of the best, this means using the auction method.
Another 1,560 properties will go to auction in Melbourne this Saturday, giving buyers excellent opportunities, says REIV CEO, Enzo Raimondo.
Buyers are rushing to get their property to market before Christmas.
Weekend auctions are no longer the frenzied scene of a few months ago.
Higher interest rates have spooked buyers, with Sydney's auction rate falling to a 3-year low.
Clearance rates down in Melbourne and Sydney.
Clearance rates can be used to establish if the market favours buyers or sellers.
Dubbed the nation's worst house, the property sold for almost $700,000 last weekend.
As the WA property market slows and the number of listings rise, sellers are urged to consider auctions.
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