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	Podcast:		The Property Couch
	Episode:		469 \| How Auctions Really Work: The Hybrids, Negotiations & Courageously Uncomfortable Reserve Prices - Chat with Justin Nickerson
	Category:		Business
	Duration:		01:31:52
	Publish Date:		2023-11-23 03:00:00
	Description:		What are the best auction strategies for buyers when the hammer drops? Why should buyers use “Courageously Uncomfortable” reserve prices? And who do auctioneers really work for?? Folks, these are just a few of the big questions we’re tackling today in an episode that’s all about the art of auctioning in Australia. Here to shed expert intel into this world is Justin Nickerson, Director of Apollo Auctions, the largest auctioneering business in Australasia, and the only Australian to win the Australasian Auctioneer of the Year 3 times in the award's history. Justin is also the 5-time winner of the REIQ Auctioneer of the Year award, again being the only auctioneer in the state to achieve this distinction. Today, he’ll be using his knowledge earned at the coalface of auctions in Queensland (aka. some of the most challenging auctions) to share secret Buyers’ strategies that win from bidding quickly to keeping the pressure on to why online bidding might just work for you. He’ll give us a rare look into the Buyers experience of winning auctions, the crucial skills needed for those wanting to become an Auctioneer PLUS his craziest auction which saw 24.8M under the hammer
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