Sydney real estate has been on an upward trend since the Reserve Bank of Australia (RBA) begun cutting interest rates in mid-2012. All busts eventually end, as does every boom. Picking the end of this boom has seen many people get it wrong. Investment bank UBS recently came out and […]
Monthly archives: June 2017
2 posts
reserve price is set too low to begin with. The reserve price should be set relative to the market feedback and o ers, not relative to the sale down the street last month. In a rising market, the worst way to set a reserve price is based on past sales. […]