Most people who love all things property are familiar with the extensive bag of tricks that can be drawn on, when it comes to jacking up the price of a house. But which ones are legit?
We came across this story which talks about an auction in Sydney where the vendor bid on their own property!
It sounds a bit fishy, right?
It prompted Cam and Renee to ask the question – is it common practice for vendors to bid on their own property? And what are the rules around this here in Canberra?
On the MIX106.3 Real Estate Show, Cam and Renee asked those questions and more to Alec Brown, Sales Director and award-winning auctioneer at Ray White.
