13 William Street, Tempe
How TBAS® helped buyers understand the property’s value, establish their auction limit and bid with confidence.
Price Analysis • Auction Strategy • Professional Bidding
The Brief
The clients had identified 13 William Street, Tempe as a property they wanted to pursue at auction.
Before bidding, they wanted independent advice on the property’s likely market value and help determining how much they should be prepared to pay.
They engaged TBAS® to assess the property, develop an auction strategy and professionally represent them when the bidding began.
The Challenge
Buying at auction requires important decisions to be made before the auctioneer calls for the first bid.
The clients needed to separate the selling campaign and price expectations from an independent assessment of what the property was worth to them in the current market.
They also wanted to avoid being drawn beyond their predetermined limit once the pressure and competition of the auction began.
Our Strategy
Rodney McLoughlin reviewed 13 William Street and relevant comparable sales to provide the clients with an independent assessment of the property’s likely market value.
With that analysis completed, TBAS® helped establish a clear maximum bidding limit and developed an auction strategy before auction day.
Rodney then represented the clients at the auction, managing the bidding and allowing them to remain removed from the emotion and pressure of competing directly against other buyers.
The Outcome
TBAS® successfully represented the clients at auction and helped them secure 13 William Street, Tempe.
The clients entered the auction knowing their numbers and with a clear plan for how the bidding would be handled.
Rather than making decisions under auction-day pressure, they had an experienced bidder implementing a strategy that had been established before the auction began.
Why It Worked
Know Your Price Before You Raise Your Hand.
TBAS® can independently assess the property, help establish your bidding limit, develop an auction strategy and represent you when the bidding begins.