Show Notes:
Negotiating a property purchase is about much more than simply making the lowest offer possible.
In this episode, Tristan breaks down the process he uses when negotiating properties for Tomii clients, from establishing value and understanding the vendor's circumstances through to analysing competing offers and using settlement terms strategically.
We also discuss why buyers accidentally negotiate against themselves, why your maximum budget shouldn't determine your offer and the importance of setting a walk-away number before emotion takes over.
Finally, Tristan explains why sometimes the strongest negotiating move is simply doing nothing.
What You'll Learn:
How to prepare before making an offer
Why the vendor's circumstances matter
How settlement and contract terms can strengthen an offer
How to work out whether you're genuinely competing with another buyer
Why buyers accidentally negotiate against themselves
How to establish a walk-away number
When making the first offer can actually be an advantage
Why negotiation shouldn't necessarily stop once the price is agreed
When doing nothing can be your strongest move
👋 About the Show
Buying Melbourne is Melbourne’s go-to podcast for buyers who want to make smarter property decisions. Hosted by Tristan Larkin and James Rankin from Tomii Property, we bring you expert tips, market insights, and real stories from the frontlines of real estate, finance, and construction. Auctions, rates, off-markets - we’ve got you covered.
🔗 Resources & Links
Join our mailing list & read the blog → www.tomii.com.au
Subscribe for weekly auction results → www.tomii.com.au/auction-results
Follow Tristan on TikTok & Instagram → @tristanlarkin
Follow James on TikTok & Instagram → @james__rankin