The Property Vault Podcast - 063 - Top 10 Auction Tips with David Sandeman

In this podcast episode, hosts Dan Hulbert and Amy Rowlinson invited David Sandeman, Founder of the Essential Information Group to speak at The Property Vault network event in November 2019 and recorded David’s talk for the podcast audience.   In David’s comprehensive presentation, he shares many benefits of the process of buying and selling at auction and here are his Top 10 Auction Tips. Do your due diligence prior to bidding not after winning Read the legal pack! Read the legal pack! Read the legal pack! Always check for any extra fees Remember that you will exchange contracts on the fall of the gavel Look for auction lots out of area, out of type or out of character Follow up on withdrawn lots as there may be simple, minor resolvable reasons for withdrawing a property from auction Always check for the special conditions of sale Check the addendum sheet for any announcements before bidding Check restrictive covenants on the property Check if Permitted Development Rights have already been used ABOUT THE GUEST The Essential Information Group is the one stop site for all property auctions and auction-related material around the UK and serves the property auction industry focusing on delivering high quality personal service and support for every EIG member and industry auctioneer. EIG is the only website in the UK which provides information on every property coming to auction and every property offered in the past. EIG works closely with over 350 different auction houses and is recognised as the industry standard for auction information and with over 750,000 properties for you to search. Over 35,000 lots are added each year worth in excess of £4.7 billion.   Founder and Managing Director since 1990, David Sandeman’s role is to manage the business and to drive the development of new services whilst constantly looking at ways with the team to improve the existing offering. He spends a lot of time talking with both subscribers, auctioneers and the press about all aspects of EI Group and no two days are the same. To contact David, email [email protected] ABOUT THE HOSTS ABOUT DAN HULBERT Dan Hulbert is a property professional and strategic build partner to property investors with 17 years’ practitioner experience having started on the tools and then built his own portfolio. A builder’s knowledge combined with an investor’s mindset, Dan currently works with clients who seek professional advice within the areas of property and construction as a Build Consultant and Project Mentor. CONNECT WITH DAN HULBERT Dan Hulbert Instagram - https://www.instagram.com/dan_hulbert/ Dan Hulbert Facebook Page - https://www.facebook.com/OfficialDanHulbert/ Dan Hulbert LinkedIn - https://www.linkedin.com/in/danielhulbert/ Dan Hulbert - www.danhulbert.com ABOUT AMY ROWLINSON Amy Rowlinson has 14 years’ residential landlord experience and has built a portfolio of HMOs in the south. As well as continuing to build her property portfolio, Amy is a Coach and Mentor working with clients empowering them to discover the life they dream of by assisting them to make it their reality through their own action taking.  CONNECT WITH AMY ROWLINSON Book a Free 20-min Coaching Call with Amy - https://calendly.com/amyrowlinson/enquirycall Focus on WHY Podcast - https://bit.ly/focusonwhy  Focus on WHY Instagram - https://www.instagram.com/focusonwhy/ Amy Rowlinson Instagram - https://www.instagram.com/amy.rowlinson/ Amy Rowlinson Facebook Page - https://www.facebook.com/RowlinsonAmy/ Focus on Why Facebook Page - https://www.facebook.com/focusonwhy/ Focus on Why Facebook Group - https://www.facebook.com/groups/focusonwhy/ Amy Rowlinson LinkedIn - linkedin.com/in/amyrowlinson HOSTED BY: Dan Hulbert & Amy Rowlinson Disclaimer The views, thoughts and opinions expressed in this podcast belong solely to the hosts and guest speakers. Please conduct your own due diligence before investing in property.