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 Auction properties

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dragonnite999999
post Oct 26 2018, 01:22 PM

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QUOTE(AskarPerang @ Oct 25 2018, 12:55 PM)
As mention previous, case by case basis. But are you willing to take such risk?
Here an example, still can pull out even after being declared as the only registered bidder:


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can auctioneers forfeit the bidder 10% deposit bank draft if he is the only bidder & refused to bid?
dragonnite999999
post Dec 17 2018, 09:36 AM

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QUOTE(AskarPerang @ Dec 1 2018, 10:25 PM)
This is how you win a lelong unit in style when you literally got unlimited budget.
No ceiling / cap limit for him.

Strata title issued. Vacant unit.
P-02-07, 2nd Floor, Seri Maya Condominium (Phase 1)
Reserve price 🔥🔥RM422,820🔥🔥
1179 sqft, 1 Car park
Freehold
Video of the bid:


p/s: Last month reserve price was 488k. Go ask him why last month didnt bid and able to win without challenge.
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that blue shirt fellow should hang the card on the ceiling, easy, hand not tiring rclxms.gif rclxms.gif rclxms.gif
dragonnite999999
post Jan 25 2019, 05:13 PM

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QUOTE(mini orchard @ Jan 25 2019, 05:00 PM)
Maybe interested bidders are all waiting for the price to drop further before lauching attack. Didnt realise that all bidders think alike. When come auction day, emotion over ride logic.
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that normal, u can say easily u r calm and being logic, but once u r at the auction hall, u will panicked and eager to win the bid, that's why sometimes auction can bring up the price if there are few bidders.
dragonnite999999
post Jan 25 2019, 05:17 PM

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QUOTE(AskarPerang @ Jan 25 2019, 04:23 PM)
Once again ppl never learn lesson.
5 bidders. Emotional bidding.
Guess end up how much?



» Click to show Spoiler - click again to hide... «

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the auctioneer should be more aggressive, too weak & noob in handling auction, should have tease them up so that the bidders are triggered to raise the bid much more further rclxs0.gif rclxs0.gif rclxs0.gif
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