Never Do This At An Auction – Confessions Of An Auctioneer

An auction is the only way to buy a house where you sign an unconditional contract, in public, in about four minutes.

So, what's really going on in the room... and how do you avoid getting played? In this episode, Ed and Andrew sit down with Daniel Coulson – the CEO of Ray White NZ – who's called around 8,000 auctions.

You'll learn:

• The mistakes bidders make at auction
• What auctioneers can and can't legally do
• Whether the usual auction tricks and tips still work

The lesson? Most people walk into an auction not knowing the rules of the game. Learn them, and you walk in with the upper hand.

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