Property Auction Courses

Property Auction Courses

Property Auction Courses

Property Auctions: Repossessions, Bankruptcies and Bargain Properties - LIVE and ONLINE

This is a one-day in-person property auction course in a prestigious Central London venue and is also available LIVE online for those unable to travel or live overseas.

Training Objectives:

Buying property at auction is a proven strategy for acquiring investment properties significantly below market value, whether the overall market is rising, falling, or stagnating. Properties can be flipped, developed, held or refurbished as part of a 'Buy, Refurbish, Refinance and Rent' (BRRR) strategy.

Why pay over the odds through Rightmove and Zoopla (retail) when you can buy at auction (wholesale)?

Our workshop programme is designed and delivered by trainers who deal in the auction market daily. At the workshop, we will source target properties LIVE and look at the deal, legal pack, finance, and tactics for success.

What's covered?

Stage 1
· Auction strategy
Define your auction strategy given current market conditions.
How to use auctions to buy properties for development, buy to let, flip and BRRR

Stage 2
· LIVE property auction sourcing
How to filter hundreds of properties to just a few - a LIVE demonstration of a current auction
Setting parameters
Analysing the short-list of properties

Stage 3
· Viewings
What to look for when viewing properties
VIDEO - Group assessment and discussion of property viewing videos
The 'show stoppers'

Stage 4
· Understanding the legal pack
What are the components of a legal pack, and what are they important?
Contract of sale
RICS Common Auction Conditions 4th Edition (2018)
Special Conditions of Sale
Energy Performance Certificates (EPCS)
Searches
Property Information Form (TA6)
The Fittings and Contents Form (TA10)
Leasehold Property Enquiry (LPE1)
Any planning or building regulations
Commercial Property Standard Enquiries forms
Understanding legal charges and notices

Stage 5
· Managing risk
Indemnity insurance
Other risk-reducing strategies

Stage 6
· How to set your maximum bid
· The pros and cons of:
Pre-auction offers - tactics
LIVE bidding
Proxy bidding
Post-auction offers - tactics

Stage 7
The Process
How to register to bid
How to use the online bidding software
How to bid by proxy
How to bid at a LIVE auction - the tactics

Stage 8
How to finance the auction purchase and the process up to completion

Additional Topics

· How to find and buy genuine off-market investment properties.

· Securing deals with LPA Receivers

· Property call options

· Debt for asset swaps

For further details on the next workshop dates and the book securely online, please visit:

Distressed Assets