Auctions Exposed (Everything That's Wrong With Our Industry)

In this episode, we tackle the biggest fears people have about buying and selling at auction and why the industry has developed such a bad reputation over time.We break down how auctions actually work, what makes them different from estate agents, and why buyers and sellers often get it wrong. We also cover real scenarios where things have gone wrong, and what you can do to avoid them.Expect a transparent look at:How auction contracts and deposits workCommon mistakes that cost buyers moneyMisconceptions about selling at auctionReal reviews (good and bad) and what actually happenedIf you’ve ever been unsure about auctions, this episode will give you a clearer, more realistic understanding of the risks and opportunities.'Deals' is our dirty word for this season, a trigger to take a shot. A shot of what, I hear you ask? Well, before John started his diet, it was the plan for our hosts to get hammered. You will just have to listen to this enough that we can justify a second season once John is ripped af. Why deals?Deals is a highly subjective word used to sell property, and frankly what is a deal for one person may not be a deal to another. So, in the hopes of sharpening our language skills and phase out this jargonistic euphemism, it's our trigger word. Strap in, you're in for a spicy ride.Follow us for more:Instagram: @luis_property_auctioneerInstagram: @john_property_auctioneerInstagram: @primepropertyauctions⁠⁠⁠⁠www.primepropertyauctions.co.uk⁠⁠Luis LinkedIn: ⁠⁠https://www.linkedin.com/in/luis-guarin-property-auctioneer/⁠⁠John LinkedIn: ⁠⁠https://www.linkedin.com/in/john-morris-37792333/⁠⁠⁠⁠#gethammered