What happens when a property passes in at auction? - Sydney Morning Herald

As property prices fall, some buyers hesitate to bid on auction floors in the hope of picking up a bargain later. But what if their rival is trying the same tactic?

We ended up buying it for $1.78 million. She also cited a vendor who defended their price expectations and threatened to take the home off the market and rent it out instead, so Bakos gave examples … [+2599 chars]

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