Are Auctions subject to finance? Are Auctions legally binding? Can Auctioneers lie about bids? 

But the most important question is: how much did that property actually sell for at Auction?

If you’ve heard the horror stories - you inspect the property, do all your research, get finance ready and the Contract of Sale reviewed. The price guide is within your budget and then the first bid is more than your total budget! 

This happens at auctions all around the country. Every. Single. Weekend. 

Why is there no transparency? 

Good news! There is and the answer is an app called Auction Snitch! In this episode, Aaron Christie-David interviews the co-creators: Tasmin Lapointe and Tori Huxtable. 

We hear from them about their own experiences and why they built and launched this app (you’ll love why!). The goal of providing "hot off the press" property insights has served as benchmarking data crucial for informed decisions.

Timestamps
00:00 - Intro + 3 P’s (Personal, Professional, Property)
03:39 - The Price of Living in Sydney
04:37 - Imposter Syndrome in the Market
08:11 - Preparing for Market Unpredictability 
11:14 - Pricing Transparency for Auction Snitch
16:01 - Preparation to Avoid Disappointment 
18:05 - Evaluating Auction Clearance Rates
22:15 - All About Auction Snitch 
27:34 - Auction Snitch Going Undercover for Research Purposes
32:20 - The Future of Auction Snitch 
34:46 - Outro

About Auction Snitch:

Tori Huxtable is a Sales Agent with impeccable people skills and excellent local knowledge. Her career spans federal politics, education, television production, and various other fields. Tamsin Lapointe is an experienced Project and Program Manager with international, multi-sector delivery experience in IT software development and infrastructure projects.

Auction Snitch is an app designed for users to share real-time property prices and track sales campaign histories for listings of interest. With a pressing demand for increased transparency within the Australian property market, due to the absence of price guides on listings and delays in publishing auction results and sold prices, which directly impact their property decisions.

Connect with Tamsin and Tori:

Follow Auction Snitch’s Instagram account here

Follow Auction SNitch’s Facebook page

About Aaron:

Aaron-Christie David founded Atelier Wealth, a Mortgage & Finance Association of Australia (MFAA) approved Mortgage Broker. Aaron’s focus is clear – supporting property investors to make confident decisions to build their property portfolio. He has been recognised in the MPA Top 100 Broker rankings for the last three years.

With over 10 years of financial services experience, with a career spanning Wizard Home Loans and Commonwealth Bank, Aaron's decision to become a broker was to help more Australians fearlessly buy investment properties to achieve intergenerational wealth.

Connect with Aaron:

Visit the website: https://atelierwealth.com.au/

Follow the Australian Investment Property Podcast’s Official Instagram account: https://www.instagram.com/aupropertyinvestmentpodcast/

Follow Aaron on Facebook:
https://www.facebook.com/aaronchristiedavid

Follow Aaron on LinkedIn:
https://www.linkedin.com/in/aaronchristiedavid/

Subscribe to Atelier Wealth’s YouTube Channel:
https://www.youtube.com/@atelierwealth_au