#36 Have you thought about buying UK property at auction? Do you want to learn from auction specialists? Then follow my story as I learn from the best during my challenge to add to my UK property portfolio by buying at auction from here in Hong Kong within four months, despite knowing nothing about UK property auctions.
In this week’s show, I present my first two auction lots to the Auction Buyers Club: a potential title split of a three-storey town house in Sussex and a mixed use commercial property in a midlands market town.
Topics covered in this episode include desktop detective skills, protected tenancies, remote viewing options, why lots get witdrawn prior to auction, the importance of a pipeline and a whole lot more.
Contributing to this week’s show: from Hammered, Piotr Rusinek and Jay Howard, co-authors of ‘Before the Hammer Falls: The Insider’s Guide to Property Auction Success’; Ed Mead, co-founder of Viewber, a remote property viewing service; Saif Derzi of SDGB Properties and Jim Demetriou, national valuer for SDL Auctions.
Rate, Review & Follow at www.expatpropertystory.com
Director, Author and Auctions Expert
With over 10 years of experience as an established auction investor, Piotr specialises in all aspects of the transactional process via auction. He is a highly respected auctions expert and co-authored the Amazon #1 bestseller Before the Hammer Falls with Jay.
Piotr used to host one of the top London property networking events and now runs The Auction Buyers Club with Jay.
One of his best deals was when he bought a property in one auction at £212,000 and sold it 8 months later in another auction, in exactly the same condition and with the same tenants for £650,000.
Piotr is known for his ability to quickly analyse a property and he is one of the most connected and experienced professionals in the market.
Author / Auction Insider
With more than 18 years of experience dealing with all aspects of property sales and purchases, Jay is a trusted property expert. Jay is co-author of Amazon #1 seller Before the Hammer Falls: The Insider’s Guide to Property Auction Success, which provides you with the tools and information you need to find success at auction. Jay also used to be an Auction Manager of one the top London auction house and formed part of the judging panel for the Property Investors Awards, a testament of his respected opinion and authority within the industry.
Jay’s interest in Blacksmithing combined with graduate degrees in Psychology, Classics and Law and extensive travel to archaeological sites around the world make him a singular entity within the auction space and the property market at large.
Co-Founder of Viewber
Viewber gives anyone access to an on demand growing workforce of many thousands of vetted and trained local people via easy to use software - just register at www.viewber.co.uk to see prices and services. The business can be used as a dip in dip out service, has full National coverage, operates 24/7 and is regularly used by some of the best known names in the property world, residential sales and lettings, auction houses, property managers and commercial agents as well as by landlords and investors requiring bespoke services. It's beginning to impact the insurance industry too for first inspections. Any questions can be answered at the website, or get in touch | www.viewber.co.uk 03330 124186 | email@example.com
Ed Mead Advisory
Being an agent has been a real passion and after 40 years it makes sense to continue to advise people looking to buy or sell and make the right introductions where necessary. Genuine depth and breadth of experience is combined with an exceptional black book. Helping people BEFORE they decide on what to buy or how to sell can make a huge difference. firstname.lastname@example.org
Speaking and writing
Increasingly the future of the industry is puzzling those examining it. My unique experience on all sides, inc high street, online agency and PropTech, gives a unique insight into that future and it seems many are willing to employ me to talk to their interested groups, investors, bankers, entrepreneurs etc.. get in touch if you’d like me to talk. Current demands include the FT Festival, Keynote at the RICS Resi conference and City talks to interested investors.
At a time of unprecedented low returns for investors, knowing where to place your money in property is tough. Talk to me.
Non Exec Directorships
If you’d like to talk discreetly about how I can help or consult, please get in touch - especially if you are looking for some property nous on your board. email@example.com