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Mother learns about bidding on YouTube!

The Negotiator
Network Auction London house image

Novice bidder buys house in Blackheath, London, for daughter.

 

A mother dedicated to getting her daughter onto the London property ladder, watched YouTube videos in a bid to understand the auction market.

When the auction board was erected two doors down from her, it gave her an idea. “I’d never been to auction before, never watched any programmes, but we viewed the property and it was perfect.”

“My daughter is busy so I came to the auction. I didn’t know what to do at auction so I’d been watching YouTube videos.

“She was worried about the gavel falling so I was watching for that, I needed to be sure when the gavel fell it was my property.

“My daughter was watching the auction live online at work, but she didn’t know she was the winning bidder until I called her.”

The winning bid at £315,000 for the two-bed, two-bathroom house was just over the guide price of £310,000.

In the same sale a River Thames Pier sold for £96,500 – almost double the £55,000 guide price. Guy Charrison, the auctioneer said, “In all my 39 years of the property industry, I have never sold a pier.”

The sale raised £5,942,500 with a sales rate of 86 per cent.

 

Network Auctions Pier image

Network Auctions Pier, West Street.

April 22, 2019

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