Post-auction negotiated sales are on the rise

BUYERS seem to be sharpening their negotiation skills. as agents report an increasing number of properties selling after auction.

From the 708 auctions held last week, the clearance rate was 68 per cent, dipping below 70 per cent (for the first time since mid-September, A year ago. the clearance rate was 82 per cent from 598 auctions. – Click here for the rest of the article (PDF Format)