Podcast: Property Auction Masterclass: Expert Insights for 2024

Published by

Stephen Emerson

In this episode of The Business Magazine Property Podcast, our Managing Editor, Stephen Emerson, delves into the property auction market of 2024 with three industry experts: Richard Auterac (Chairman and Auctioneer at Acuitus Auctions), James Emson (Managing Director at Clive Emson Auctioneers), and Arian Manouchehri (Head of Broker Relations at MSP Capital). They share valuable insights on current market trends, the impact of online auctions, and strategies for buyers to succeed in the competitive auction landscape.

Key takeaways:

1. The 2024 auction market has seen a solid start, with more buyers than sellers, and a focus on correctly priced properties.

2. Online auctions have revolutionized the industry, increasing accessibility and expanding the buyer base significantly.

3. Local knowledge is crucial for both auctioneers and buyers to make informed decisions and maximize returns.

4. Properties requiring work or offering unique features often perform well at auctions, attracting a diverse range of buyers.

5. Bridging loans can help buyers leverage their capital, enabling them to take on multiple opportunities simultaneously.

6. Due diligence, including legal title checks and financial planning, is essential for buyers to mitigate risks associated with auction purchases.

Join us as we explore the dynamic world of property auctions and learn how to navigate this exciting market from the experts themselves. Don't miss out on these valuable insights that could help you secure your next property investment!

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Stephen Emerson

Stephen Emerson is the Managing Editor of The Business Magazine and is responsible for the publication's print publications and online properties including the newly launched Biz News websites in Hampshire and Dorset. Stephen has been a journalist for 20 years and has worked at local, regional and national publications and led a team which made The Scotsman website one of the fastest growing news sites in the UK with over eight million monthly users. He has a keen interest in technology, property and corporate finance and telling the stories of the people behind the successful firms in these sectors.