Property Auction News Review

| August 14, 2009 | 5 Replies

Product Name: Property Auction News

Author: Peter Parfait

Brief Summary:

A monthly newsletter that explains how to make money in property auctions. It really is a case of “it does what it says on the tin”.

Company Name & Contact Details:

Streetwise Marketing
Eden House, Genesis Park,
Sheffield Road, Rotherham,
S60 1DX
Tel: 01709 820033
Fax: 01709 360611

enquiries@streetwisepublications.co.uk

Headline:

“You too can make serious money from properties…How to cash in on the thousands of property auctions…”

Price: £59 for the first 12 months

What Do You Get?

  • Property auction newsletter each month
  • Streetwise Property Secrets Report
  • Property Auction Handbook.
  • Listings of auction houses & dates of the auctions
  • A forum for Q&A’s

Where to buy: http://propertyauctionnews.co.uk/index.html

What’s It All About?

Complete guide and ongoing support for anyone who wants to get started in building up their own property portfolio.  The main editor is Peter Parfait who has over 20 years experience in property purchasing and renovation.  Howard Goodie, who is a veteran property auctioneer, gives you the inside scoop on the best ways to make winning bids at an auction.  Other areas that are covered are tax, planning, renovation and legal aspects.

Do I Need Experience To Make This Work?

No, the newsletter & handbooks will tell you everything you need to know.

How Much Money Do I Need To Get Started?

At an auction you will need to have a 10% non refundable deposit for any property that you successfully bid on.

Of course, for any property you bid on you should already have had a structural survey carried out. Cost between £250 and £850 depending on the type of survey you choose.

Also, property you’ll purchase at auction will often need extensive renovations, so you’ll need funds to cover those costs too.

How Much Time Will I Need To Make This Work?

Firstly you’ll need to do your research on the properties, then maybe arrange a survey and you will need to be able to attend viewings of properties you may be interested in plus time to go to the auctions.

Will I Need Any Equipment To Do This?

No, although if you are carrying out renovations yourself you’ll obviously need the necessary tools.

Customer Reviews:

Here are the customer comments listed on their site. None of these testimonials have been verified.

http://propertyauctionnews.co.uk/customercomments.html

Value For Money?

Yes, it does what it says in the promotion and is generally a good newsletter. Although the property auction house listings can be found elsewhere on the web for free.  The articles are generally good and from well respected auction authors.

Does It Live Up To Claims In The Promotion?

Yes, but some of the claims of money made seem to be at the upper end of what could be available.

On the site it says that 84 of their members made over £72,000 each. However, this couldn’t be verified as the link only takes you to a page to claim a free trial.

Also it’s reported that some people receive several follow up direct mail shots pushing the newsletter heavily.  Some of the offers give you the opportunity to claim a free property renovation course. Which details several every day renovation tasks in full detail, taking your through each stage simple step by step. A good free gift.

Quality Of Customer Service?

Queries on this particular product are typically answered within a few days via the main customer service desk, or quickly if done via the forum.

Useful websites:

After carrying out a detailed survey they found that 74 subscribers had profited by around £5 million from property auction investments. But it wasn’t clear if this was from material that Property Auction News had provided.  However, it does show that the information has the potential to really help change your financial position.

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Tags: , ,

Category: Newsletter, Property

Comments (5)

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  1. JRW says:

    Hi all,
    Have just ordered the free 1 month trial, and am waiting to recieve it. Will let you all know if its worth it. Great site people some very interesting reading indeed, and its freeeeeeee, a price that is always affordable.

  2. JRW says:

    Watch this space, as they say !!! lol

  3. Steve says:

    Hi JRW

    So what happened on February 11th after your FREE month to Property Auction News – did you continue or bail out ?

  4. Steve says:

    Is there ANY feedback on Property Auction News – Positive or Negative ?

  5. madmick_111 says:

    I had for a year about 2 years ago, it was informative and interesting, was unable to put some of the information to use as my wife became unwell, have recently resubscribed As I said above I think it provides some good information but how you use this is up to you. It also offers information on buying property abroad, unless you know exactley what you are doing and understand all the local by-laws etc. I would reccomennd you stay away from this, not that they are pointing you in the wrong direction, but I know of people who lost a great deal of money buying property overseas. Nothing to do with Property Auction News.

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