Blog Post

David Sandeman meets EIG members at PIN Coventry

Publish Date: 11 July 2017

By Beth Fox


David Sandeman meets EIG members at PIN Coventry

Further reading

What type of property is suitable for sale at auction?

Join EIG at the Property Investor Show this Autumn!

Property Investor Network (PIN) Coventry

11 July 2017 
Hosted by Sebastien Buhour
EIG Managing Director, David Sandeman was pleased to meet lots of new faces and some EIG members at this months PIN Coventry meeting.
His presentation on 'How to buy at auction and why now is a good time to do so!' was followed by a lively discussion with the group about the active auction market in Coventry and in general.
David was there to answer questions and was able to dispell many of the myths surrounding auctions and many of the attendees took advantage of the opportunity for a free trial of the EIG service.      

The event presentation 'How to buy at auction, and why now is a good time to do so!'

Presented by David Sandeman

David's presentation covered how to buy at auction, and why now is a good time to do so. As this is a great strategy to find some bargain priced property but you have to know what you are doing. Many amateurs end up paying too much at auctions or even worse buying property that is in an auction because no one else wants it.

At this PIN evening seminar David went on to share how to avoid the classic mistakes which can save you a fortune when buying at auction.

Learning from the expert

David’s fast moving and entertaining presentation covered:
    Size and scope of the market
    How to source the properties
    What to look out for
    Due diligence required
    How to spot a bargain
    Buying prior to auction
    Bidding in the room
    Unsold and withdrawn lots
    Do’s and don’ts
    Examples of auction deals that have gone wrong!
    Examples of deals that have made a lot of money
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