SINCE 1997

Latest Melbourne Lockdown News

How to get ahead of other buyers at virtual auctions

Virtual auctions are a vastly different environment to traditional in-person bidding battles - here are four tips to make sure you stay ahead of other buyers online.

Virtual Auction concept, house model on a laptop
Not being part of a crowd makes a virtual auction quite different to its traditional counterpart. Photo: Shutterstock

Firstly, what is a virtual auction? 

It’s 2021, lockdowns across the state and the nation have become an uncomfortable norm… for now, so virtual auctions are here to stay.

A virtual auction essentially works the same way as traditional auctions, but they are conducted virtually. This means no crowds, so you will usually just see the auctioneer and the agent, in the agent’s office or at the property.

Virtual auctions provide the safety and comf…