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Is the world of property auctions as lucrative as many believe?

Nicholas Wallwork

Nicholas Wallwork

Editor-in-Chief
Staff member
Premium Member
As more and more people look to the real estate market for their future a light has been cast on the property auction sector. This is an area of the market which is portrayed as “easy” but is it really as lucrative as many would have you believe? Property TV programmes It is no coincidence

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lookinginvest

Member
There are returns to the made in any property market if you do the research and analyse the risk/reward ratio. Maybe some reality TV programs give a simplified version of property auctions but there is money to be made if you stick to your guns, don't overspend and do your research.
 
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nmb

Well-Known Member
I have dabbled in the world of property auctions but not actually bought anything as yet. You need to be focused, determined and able to stay within your financial constraints. The auctions I went to were littered with people who what had obviously gone over their budgets and got "caught up in the moment". Will they live to regret that?
 
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