After what has seemed like an endless wave of booming prices with vendors pocketing well over reserve expectations at auction, the tide might finally be turning. Damien Cooley said he has seen a significant change in prices and seller behaviour in recent weeks which should give buyers more confidence under the hammer. “Absolutely the shift…
https://cooleyauctions.wistia.com/medias/1sh0mcw9se?embedType=iframe&videoFoam=true&videoWidth=640 Welcome to our quarterly Commercial Auction Market Wrap where Damien Cooley brings you the highlight sales and key statistics from the New South Wales commercial sector in the third quarter of the 2017/18 financial year.
It was standing room only as more than $30 million worth of property sold under the hammer on a night to out bid any other auction night this selling season. “They were packed in like sardines, it was a really great night and crowd. There definitely was a buzz in the room,” said Damien Cooley…
Bidding at auction, for the uninitiated, can be a nerve-wracking affair. And rightly so – spending thousands of dollars with the wave of a hand is not something most of us do everyday. Damien Cooley says despite how intimidating they can be, auctions are still the most transparent way to buy real estate. Bidders can…
https://cooleyauctions.wistia.com/medias/at3qu4w8qj?embedType=async&videoFoam=true&videoWidth=640 Take a look as we bring you our best Auction Market Wrap outtakes from 2017! Enjoy!
