Updates 14/06/11 ! Lost the bid in auction !!! urgent help needed !!

ysun062

I am keen to buy this property, but its auction.
I know alot of property get sold prior to auction, so i thought i must be quick, hence I arranged the finance pre-approval and told the listing agent that I want to make an pre-auction unconditional offer.

but the agent told me, once I make the offer, two things can happen, the owner will either accept or decline.(the owner can not counter offer!!) If declined, then it will go on auction as usual, if accepted, the agent will bring the auction forward by a week, and start the bidding at amount I offered for !

After the agent told me all these thing, I thought - if thats the case, whats the point of making a pre-auction offer ?! the best thing i can achieve is to bring the auction forward by a week and force the starting bid to be at the price I offered for ! that is not a good situation for the buyer surely !

Anyone is familiar with real estate can provide some advice here ?

------------------------------------------------------------------------------------------------------------

Here is the complete story, I did not give a pre-auction offer, and last saturday the listing agent told me a pre auction offer is made by someone else and the auction is bought forward by a week, which is Today !!!

So I went to the auction, and the starting bid is at 686k and the house is on market (so the owner has agreed with 686k). I set my limit to 710k, so I thought I have a great chance, and the bidding started....

below 700k, there were 4 bidders,, and after 700k, there were two bidders remaining, me and this white guy... and each time i took time to decide how much to offer, sometimes by $1000, $500, $2000, i take about 2 minutes to decide each round,, and once i made the decision to up the bid, the white guy counter bid without thinking,, he dont even think.... just increase the bid immediately,,

so this go on to 725k, and he won the bid,, (i gave up at 724k). And we I leave the place, i meet eyes with the white guy,, he dont look happy at all....

http://www.trademe.co.nz/property/residential-property-for-sale/auction-380683962.htm

have a look at the property if you interested.... what do you guys think ?

阿海

ysun062 发表于 2011-6-10 10:45
Yes, I wasnt happy with the agent, had a long talk with him over the phone, he said he and his c ...

旧帖封了.

hahaone

hahaone

学习中， 必须的~ 感谢各位

阿海

呵呵，没有什么失败不失败的。。。

我周六买了个房子给父母，市场价40万以上，cv38万，要价36.9万，成交价35,8万，理论上是不错的价格，但我觉得输给中介了，因为我觉得砍得不够多，你说怎样分辨输赢呢？

虽然当时觉得输给中介了，但现在很高兴，因为这个价格怎都买不到同样地点的房子了。

一个梦想

两个失败者，房东赢了，他运气不错

呼啸寒风

贵了，就这么简单~~~~~~~~~~~~

阿海

呵呵, 你高那个白人更高啊....最后自己急了不就更亏了?

反正auction就应该量力而为。。。

kei

你拍卖的时候出价太犹豫了 要在气势上压倒其他人

我上次拍的时候就是 不管谁出价 想都不想直接出价压过 最后就没人抢了

不过这个房子确实有点高了 放手也是一种选择

PQNZ

too expensive.......................crazy...

阿海

3 months to Oct, good luck!

ysun062

We are not even in Winter yet! ;-D
阿海 发表于 2011-6-14 17:33

That a different debate, I thought summer starts in Oct...
but anyway... will keep looking and keep bidding...

阿海

We are not even in Winter yet! ;-D

ysun062

it's going to be a better time for buying in the next 2 to 3 months.

so be ready, and snap up new deals quick!
阿海 发表于 2011-6-14 17:30

why is that ? we are heading into summer? i thought the price will be higher in summer

阿海

it's going to be a better time for buying in the next 2 to 3 months.

so be ready, and snap up new deals quick!

阿海

properties are never over-priced.

because it is worth what someone is willing to pay for it.

CV $650, but it's 4 + 2 bedroom house, so i think it's ok price in this environment, maybe slightly higher.

Don't know, im just 2nd guessing, as I wont pay this much for a property in this area.

But then again I dont buy outside central...

ysun062

Lol you made the white guy over pay, that's why he is not happy...
阿海 发表于 2011-6-14 17:20

I think i made a mistake, exceeded my limit, got caught up in the moment, and yes,, the property at 725k is over-priced.

Oh well... life moves on, I had a good crack at the white guy,,

keepower

personally, i wont' spend 700k to buy a house in this area.

阿海

And you also broke your reserve by $14k.....

阿海

Lol you made the white guy over pay, that's why he is not happy...

ysun062

its all over, i lost the bid today !!! see my updates above...

ywu110

结果是什么？买到了么？？呵呵

一曰方茗

....................................................................

harcourts.james

都掩旗熄鼓，你就在最后的竞拍价上加上500刀
发送自我的iPhone天维网应用。

harcourts.james

我的建议，如果非常喜欢就试探性的出个pre auction offer, 拿到的可能性一般都很小，除非屋主非常着急出手. Auction day 你最好要么一开始就勇敢直前，快速和所有其他的竞拍者争抢，以此显示你的志在必得，要么就一直等到最后，直到其他的竞拍者
发送自我的iPhone天维网应用。

阿海

总之进了auction room就保持理智，别意气用事拍高了。

未来3年利息会奔8%，考虑好以后还款能力，量力而为。。。

PS: 个人鄙视fake phone bid, vendor bid & agent-at-the-back-of-room-where-no-one-can-see-bid.

peggy64

当初我买房的时候也一样，去看AUCTION的房子，还是唯一的最早看的，所以没其他人看过，我直接出OFFER，房东不接，最后还是到AUCTION。不过A的时候真的很多人抢，因为房子好，所以房东相信肯定卖的出。出PRE-AUCTION OFFER只不过是探探路，让你知道房东可能的心理价位，当然房东本身也可以更多的了解一下市场。

peggy64

是barfoot的中介吧，barfoot有规定的，除非你当初看房的时候就你是唯一在list上的，没有第二个人看过这房子。如果这样就不需要AUCTION了，房东接了就是你的房子了，但是你现在的情况就是有其他买家，所以其他买家可能会出的比你高，所以还是会auction。当然如果房东不接你的offer一样是要去AUCTION的，

阿海

LZ直接问英文的那就直接回答英文好了，免得翻译过来出错误导人就不好了。