Table of Twelve Mentorship Programme invites David Sandeman to present on property auctions
Publish Date: 05 May 2016
By Beth Fox
Further reading
Property Investors Network (PIN) Leeds Group Meeting
David Sandeman - Live on air at LBC radio for the property hour!
David Sandeman joins Trevor Cutmore to host the Table of Twelve mentorship group for a bespoke evening, leading a three hour interactive presentation to the members explaining property auctions over dinner.
Wednesday 4th May 2016
David commented:
"The intimate size of the group allowed each member plenty of opportunity for questions and they enjoyed a healthy debate across the whole topic of 'How to buy at Auction', including: cradle to grave and plenty of tips... such as how to avoid duds!
I always ask my audiences the question “What is a guide price?" and it is very rare to get the right answer, this group was the closest!"
(Correct Answer: The guide price is a very good indication and close to where the reserve is going to be set by the auctioneer and the reserve is the minimum price that the auctioneer can sell it for on the day)
Event host, Trevor Cutmore commented:
"The sit down evening event is a more initimate setting than the usual delivered presentation format and the group really benefitted from getting the inside 'golden nuggets' by being able to drill down with certain parts of what David was delivering. A lot of people were shocked by the special conditions we were looking at and the sort of landmine they can be, as well as the other dangers about buying at auctions. The group thoroughly enjoyed David's openess and accessiblity."
Ahead of the evening event the group had done some preparation work by following a current London auction. They have paid special attention to reviewing and understanding the legal documents and conditions of sale. The group are looking forward to taking the next step together with David next week, when they will be visiting the auction they have been following to experience the process live in action!
Essential Information Group - News and Information
Keep up to date with our latest news, case studies and what's going on in the property auction industry on our blog.
Buying at auction
25/03/2026
The Most Important Document in the Legal Pack? The One That’s Missing.
Legal packs are often treated as the definitive source of truth in a property transaction. But in reality, they are anything but complete. While they provide essential information, they are built to meet minimum requirements - not to offer full transparency. And in many cases, it’s not what’s included that creates risk, but what’s missing.
Buying at auction
24/03/2026
Guide Prices: Why Buyers Should Treat Them as a Guide to the Reserve
Guide prices are one of the most misunderstood elements of the auction process. Too often, buyers treat them as an indication of a property’s value, when in reality they are designed to signal something entirely different, the likely reserve. In an increasingly competitive and dynamic auction market, understanding this distinction is critical to making informed decisions and avoiding costly assumptions.
Buying at auction
23/03/2026
There’s So Much More Than the Aroma of Hot Coffee…
There’s so much more to selling a property than creating the perfect first impression. While details like fresh coffee, open windows, and careful staging can help set the scene, today’s buyers are looking for something far more important - clarity, confidence, and certainty. And that doesn’t come from how a property feels, but from how well it’s prepared behind the scenes.