There are so many ways to find property deals today. You can get to know local estate agents, drop leaflets, knock on doors, find an investor to join forces with, look through the local press…all of these are effective but the problem is that they are also very time consuming. They all have a low success rate, and will turn into a full time job if you aren’t careful. Once you have identified a property through one of these traditional routes, you then need to negotiate as many sellers will only be dipping their toe into the water, and so this is where the work really starts in terms of negotiating the right deal. However, I like to find deals the easy way, leaving me time to do my due diligence and to free up time for other things. I like to sit back and let the deals fall into my lap, or as it happens through my door. This means that I get the deals I want quicker and easier, and without the stress of the more traditional methods. This strategy is buying property at a Property Auction.

1. David Humphreys
Property Auction Strategies
There are so many ways to find property
deals today. You can get to know local
estate agents, drop leaflets, knock on
doors, find an investor to join forces with,
look through the local press… All of these
are effective but the problem is that they
are also very time consuming.
They all have a low success rate, and will turn into a full time job if
you aren’t careful.
Once you have identified a property through one of these
traditional routes, you then need to negotiate as many sellers will
only be dipping their toe into the water, and so this is where the
work really starts in terms of negotiating the right deal.
However, I like to find deals the easy way, leaving me time to do
my due diligence and to free up time for other things.
I like to sit back and let the deals fall into my lap, or as it happens
through my door.
This means that I get the deals I want quicker and easier, and
without the stress of the more traditional methods. This strategy is
buying property at a Property Auction.
www.david-humphreys.com

2. David Humphreys
Property Auction Strategies | David Humphreys
With a property auction, the auctioneer will have me on their
mailing list.
I tend to register with
any that are within a
certain radius of my
home – and send me
the catalogue as and
when the auctions are
running.
These catalogues have
many properties up for
grabs, and this way I
can sit back look at what’s on sale and mark off any that look
interesting.
I then find out the viewing day, go and see them and narrow my
selection down.
This enables me to the do some due diligence and work out what
the property is worth, what needs doing, how much any works will
cost and the rental value.
This way I can set my budget and see what it’s worth to me, as a
potential investor.
Most of the properties are sold below market value (BMV) and
many are distressed or repossessed properties up for grabs,
making them very profitable investments with cash in profit avail-
able.
Once you have identified which properties to go for, have seen the
property and set your budget that’s when the fun starts and you
can go to the auction.
www.david-humphreys.com

3. David Humphreys
Property Auction Strategies | David Humphreys
As I’ve discussed in my previous audio blog posts, you need to be
comfortable with auctions and understand how they work.
You can’t just turn up and bid, you need to be aware that as soon
as you win an auction, you exchange contracts and will need to
hand over a percentage of the fee then and there. you will also
need to know what forms of payment the auction house take –
some only accept bankers draft – and you need to have all of your
financing in place. So it’s really quite a process that you need to be
comfortable with. I run a property auction course, whereby you
can learn all the tricks of the trade as well as the practicalities of
buying at auction. Contact me to find out more.
IMPORTANT...
I have also created an educational program which, if you are
determined to build a business sourcing low cost properties then
you must take a look at. The program is called the “Property
Auction Expert” Masterclass and runs over the course of a
month with classroom and on site days.
I can almost guarantee that you would never have come across an
educational training program that delivers so much. My goal is to
take on students who are dedicated and determined to succeed.
Details are on the next page...
www.david-humphreys.com

4. David Humphreys
If you are looking to buy property at auction, it suggests to me that you may
want to do it as professionally as you possibly can. The opportunities are
astounding for those who know the game and play it well.
There are many tricks of the trade and inside information that will enable you
to get the best bargains and make tremendous profit consistently.
Now I am in a position to share all my skills and knowledge with a small band
of dedicated students on the most comprehensive educational program I have
ever put together.
Property Auction Expert Masterclass
I have worked hard to create this
mastermind program to offer the
very best content, delivered in real
world situations.
Not only do you get a 1 FULL Day
workshop, but you also get out in
the field with me and my
experienced team. You will attend
Auction Viewing Days, going to the
properties themselves where I will
show you how to do your due
diligence is situ..
You will also go to the property
auction and experience the
atmosphere.
If you are interested then watch the
video and further information at
www.PropertyAuctionExpert.com
CALL : 0800 865 4311
www.david-humphreys.com