vendor bids explained

Vendor bids Explained

by Carly Susic, Melbourne Property Advocate Vendor bids seem illogical—how can the vendor bid on their own house? But they’re an important part of the auction process. Vendor bids are commonly used to kickstart a quiet auction.  We’ve all been at an auction when there’s an awkward silence. The auctioneer’s finished the preamble about the […]

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