TPP546: I tried to sell a property at auction – this is what happened
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 31 August 2023
⏱️ 19 minutes
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Summary
Transcript
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| 0:00.0 | Hey everyone, it's Robby here with RobD and you are listening to the Property Podcast. |
| 0:07.3 | Now, the great thing about being Property Investors this week is we could share our experiences |
| 0:11.5 | and this week Rob is sharing a recent experience of his of selling a property through auction. |
| 0:17.5 | Why did he do it? |
| 0:18.8 | What did he learn? |
| 0:19.8 | And what were the results? |
| 0:20.8 | Well, we're about to find out. |
| 0:28.5 | Welcome to the Property Podcast, where we take time out from advising a multi-million |
| 0:32.0 | pound property fund and putting together hundreds of transactions every year for our clients |
| 0:35.9 | and bring you some of what we've learned along the way for free. |
| 0:38.6 | It's really cool we're even after doing this professionally for more than a decade. |
| 0:42.4 | I'm still having new experiences in property and I'm really looking forward to sharing |
| 0:45.6 | that experience with you in this episode and do make sure you stick around to the end |
| 0:50.0 | because we've got a resource that's going to help you live longer and happier. |
| 0:53.7 | So it's time for our new story of the week and the new comes from the powerhouse that |
| 0:58.4 | is right move and right moves got some interest in data and a very interesting headline, |
| 1:03.1 | which reads 1.9% sum up price drop as stretched affordability begins to improve. |
| 1:10.1 | So in short, asking prices have fallen by nearly 2%. |
| 1:13.8 | Now, this is the biggest drop in a while. |
| 1:17.2 | I'm personally real, I'm actually surprised it's taken this long for people to start raining |
| 1:22.0 | in their asking prices because if that like asking prices were ignoring what was happening |
| 1:25.8 | in the actual market, but this more closely reflects to what is actually happening |
... |
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