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Auctions in Victoria

Why are property auctions popular in Victoria? Long gone are the days when it was stereotyped that auctioned properties are distressed ones. For many years now, auctions have been popular in Victoria real estate market as it is: Transparent. Auctions set a fair value and are open for everyone. Before the actual auction takes place, relevant documentation is provided to bidders. Following the due diligence checklist, buyers are given comprehensive information required to further assess the property. Competitive and fair. The willingness of others to bid on the property is an added assurance that you share the opinion of the property's value. Everyone's... View article »
Posted in Blogs on 25th November, 2021