Suburb Data with Damien & Jeremy

EBS 9: Knock-Out Bids | Why They Don’t Win Auctions


Listen Later

Episode 9 debunks the idea of the knockout bid at auction. We show why large, dramatic jumps do not scare bidders who still have room in their budget and why the highest budget wins, not the boldest call.

Clear examples reveal how a knockout bid can backfire by pushing the price above the minimum needed, costing the buyer thousands. We set a simple test for anyone claiming the tactic works: prove the losing bidder had more to spend and still walked away.

We also unpack common auction theatre like arriving early, taking centre stage, or wearing sunglasses, and explain why none of it changes the outcome.

The takeaway is clear. Be wary of the marketing BS from fake experts.

Episode Highlights:

00:00 - Introduction
00:43 - What is a “knock-out” bid?
02:37 - Prep-work
03:26 - Bidding walkthrough
14:09 - When it works - 3 points
19:59 - More nonsense action advice
23:01 - Conclusion

=============================================================

🎙️ Watch all Expert Busting episodes:

https://www.youtube.com/playlist?list=PLWD8h9iMOyGg14F66DTdoZuS63mUJwJ82

📚 Read the full data-backed articles:

https://suburbdata.com.au/education-expert-busting/

🔎 Learn how to use Suburb Data to analyse property data:

https://www.youtube.com/playlist?list=PLWD8h9iMOyGhDsFFEMdzP5fvfenYvbp0B

=============================================================

Expert Busting Series

A data-driven investigation into property myths.
We fact-check bold claims, expose misleading advice, and reveal what the numbers actually say.
Evidence over confidence. Data over hype.

#expertbustingseries #propertymyths #australianproperty #propertyinvesting #datadriveninvesting #suburbdata #DSR #propertytruths #realestateinvesting

=============================================================

DISCLAIMER:

Please be aware that the content presented in this episode is for general informational purposes only and does not constitute financial advice.

• The information provided is not tailored to your individual circumstances, and we do not consider your specific financial situation.

• It is strongly recommended to consult with a qualified financial advisor or professional before making any financial decisions based on this content, as we have neither offered nor provided legal, financial, or taxation advice to the Listener, Reader, or Viewer.
• We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and are not authorised to provide financial services.
• Any actions taken by viewers based on this content are at their own risk.

...more
View all episodesView all episodes
Download on the App Store

Suburb Data with Damien & JeremyBy suburbdata


More shows like Suburb Data with Damien & Jeremy

View all
The Property Couch by Bryce Holdaway & Ben Kingsley

The Property Couch

61 Listeners

Property Investment Podcast Network by Momentum Media

Property Investment Podcast Network

17 Listeners

The Money Puzzle by The Australian

The Money Puzzle

43 Listeners

Investopoly by Stuart Wemyss & Campbell Wallace

Investopoly

15 Listeners

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast by Michael Yardney; Australia's authority in wealth creation thru property

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

30 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

62 Listeners

The Elephant In The Room Property Podcast | Inside Australian Real Estate by Chris Bates

The Elephant In The Room Property Podcast | Inside Australian Real Estate

11 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

20 Listeners

Pizza and Property by P&P Media

Pizza and Property

11 Listeners

this is property by John Pidgeon & Rachelle Kroon

this is property

7 Listeners

Inside Commercial Property by Rethink Investing

Inside Commercial Property

3 Listeners

Dev Raga Personal Finance by Dev Raga

Dev Raga Personal Finance

2 Listeners

Retire Right by Glen James

Retire Right

35 Listeners

Scouting Australia Podcast by Australian Property Scout

Scouting Australia Podcast

8 Listeners

Australian Property Podcast by Rask

Australian Property Podcast

8 Listeners