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Navigating Auctions: Tips for Buyers to Build Confidence and Bid Well

This week Chayse and Sam talk about the advantages of the auction process, emphasising the transparent nature of an auction environment, and how it can benefit both sellers and buyers by providing certainty. The episode talks through auction dynamics, the importance of having the pressure conversations ahead of the auction, not at it, knowing your walk away price, building rapport with auctioneers, and the psychological performance often seen between bidders.

Key Takeaways:

Auction Preparation: Proper preparation like knowing your limit and registering early can significantly increase your…

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