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After the man successfully bid for the land, he fled the scene and the onlookers were confused.

 
[Economic News]     03 Jul 2019
The auction site. (real estate website Realestate Pictures)Onlookers were stunned when a bidder successfully sold a piece of land at an auction in (Balwyn North) North, real estate reported. At the same time, it also led to calls for Uygur buyers to register before bidding.
After the man successfully bid for the land, he fled the scene and the onlookers were confused.

The auction site. (real estate website Realestate Pictures)


Onlookers were stunned when a bidder successfully sold a piece of land at an auction in (Balwyn North) North, real estate reported. At the same time, it also led to calls for Uygur buyers to register before bidding.

It is reported that, recently, at a land auction in (Balwyn North) North, a bidder successfully sold the land for more than A $30, 000 on reserve. But the buyer then ran away from the scene. In the end, unlucky sellers were able to cut their prices by A $100000 and sell the land to a lower bidder.

After falling the mallet, Mr. Anderson (Jeff Anderson) said everyone was confused when staff approached the buyer who had successfully photographed the land and was ready to know his identity and sign a sales contract, denying that a bid had been made and ran away quickly.

In the end, a lower bidder bought the land for A $1.03 million, down from A $1.13 million.

During the auction, a middle-aged man in a down jacket raised his hand and ended up raising a 20, 000 Australian dollar increase, according to a video showing that during the auction, a middle-aged man in a down jacket raised his hand. But he escaped before he was caught or identified.

Anderson said the man was trying to disrupt the sales process and that if he could determine the man`s identity, they could take law action.

It is understood that in Victoria, disrupting the auction process can be fined up to A $97000 by (Consumer Affairs Victoria), a Victorian consumer agency.

Anderson said mandatory bidder registration measures in Victoria could protect sellers in the future.

At present, Kunzhou, New State and South Australia have asked buyers to show their willingness to bid before auction.

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