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Seminar Room 2 - Friday 5th June: 3.45pm
Auctions have always been known as the place where developers and investors can buy property and turn a profit. Recently the industry has seen over 50% of the buyers being private individuals buying for their own occupation or their ‘buy to let’ portfolio.
Now perhaps more than ever is a great time to look at auctions as the place to secure your next profitable property purchase. 50% more properties will be offered at auction this year compared with 2002!
With the current financial climate, auctions are busier than ever with repossessions and other properties that have got to be sold. Vendors are now accepting prices that last year would have been well below reserve.
How can you make money at auction, and how does the private buyer or developer enter this market?
And what are the pitfalls how is it done and what kind of opportunities are available?
This seminar will take you through the key points to be successful at auction including:
- Types of property offered at auction
- How to source the property
- Work to be done prior to bidding
- The Auction day
- What not to do!
We will also examine several actual properties sold at auction recently, look at the costings, and how much profit was made. You too could be making £1,000’s by trading at auction.
If you are looking to enter the auction market this seminar is a ‘must attend’ as it will equip you with the basic knowledge to be successful in this exciting market place. Be there, and gain the edge.
This seminar will be led by David Sandeman, ManagingDirectorof the Essential Information Group |
