Monthly Archives: May 2018
19 May 2018
Pass-ins are becoming the new normal at auctions. The majority of the properties we attended on the weekend passed in on vendor bids, with no visible interest from buyers. Some of these were good properties – well oriented and well…
5 May 2018
In vast contrast to the auctions we attended last week, we saw more properties pass-in on vendor bids this Saturday than sell under the hammer. The REIV clearance rate for reported properties was sitting at 64% at 6pm Saturday, with…