 |
The First Home GuidebookThe First Home Guidebook is a podcast exclusively for first-home buyers, no matter what stage you're at in your property journey, brought to you by Amy Lunardi. Whether you're just starting out, saving for a deposit, searching for properties, making... Author: Amy Lunardi
The First Home Guidebook is a podcast exclusively for first-home buyers, no matter what stage you're at in your property journey, brought to you by Amy Lunardi.Whether you're just starting out, saving for a deposit, searching for properties, making offers or bidding at auction, The First Home Guidebook is here to help.http://www.thefirsthomeguidebook.com.au (http://www.thefirsthomeguidebook.com.au) Language: en Contact email: Get it Feed URL: Get it iTunes ID: Get it |
Listen Now...
How to buy prior to auction
Episode 39
Wednesday, 9 July, 2025
In today’s episode, I'm unpacking a very common question:Should you try to buy a property before auction – or just wait for auction day?Many buyers assume auctions are always intense and expensive. But that’s not always the case – and in some scenarios, making a pre-auction offer can give you the edge. That said, it can also backfire if you don’t ask the right questions or understand how the process really works.🏠 What You'll Learn:Why auctions aren’t always competitive or scaryWhen a pre-auction offer can give you a major advantageWhy some vendors prefer to sell early (and when that works in your favour)Why not every property can be sold before auction (think: deceased estates, mortgagee sales, or vendor instructions)How a pre-auction offer differs from a regular offer – and what risks are involved for buyers and agentsWhat to ask the agent before making an offerThree common offer scenarios (and which ones might trap you):1. A brought-forward auction2. A semi-transparent multi-buyer process3. A sudden “best and highest” deadlineWhy putting your best foot forward too soon could backfire on auction day💡 Key Takeaway:Pre-auction offers can be smart – but only when you’ve done the work upfront. And if the vendor’s expectations are too high or the process feels murky, sometimes auction day is actually your best bet.LINKS:Check out my FREE checklist 100 Things To Look Out For At Property Inspections hereConnect with Amy:Website: www.thefirsthomeguidebook.com.auInstagram: @the.first.home.guidebook
