Auction clearance rate exposed

The auction clearance rate creates much discussion. Too much actually. This wonderfully insightful article explains why the auction clearance rate is a hoax – //

Roger Montgomery also comments on the vested interests that drives the reporting (false) of auctions results – //

Why is simply clearing a property a sign of success anyway? Surely attaining the best price is the goal of a home seller? David Jones will  hold a clearance sale on Boxing Day, but they won’t be getting full price for their stock.

Leave a Reply

Your email address will not be published. Required fields are marked *