How to set a great reserve

One of the biggest fears a vendor has is the fear of underselling their home. In this video Damien Cooley delves into the importance of setting a good reserve and the enormous impact the reserve plays in maximizing your sale price. Damien will guide you through the process of how to set a great reserve; including listening to your agent and auctioneer’s advice, reviewing feedback throughout the course of the campaign, deciding the absolute lowest price you’d be prepared to sell your home for and considering how many buyers are coming on auction day.