By Robert Carry
A new website developed by a pair of Sydney and Melbourne-based auctioneers has enabled investors to bid on properties without leaving their homes.
Soldonline.com.au, which is run by leading auctioneers David Scholes and Brian Edmonds, provides an alternative to physical auctions.
Scholes told The Australian Financial Review that he believed online auctions were the logical next step for consumers in the real estate industry. "You open up the property to a much wider market than either a standard auction or private treaty campaign can offer," he said. "The ability to bid from anywhere in the world allows you to widen your market much further than your local-vicinity buyers."
With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now