When the market is running hot, we know how tough it feels, especially for first home buyers. Properties seem to sell before you’ve even had a chance to blink, let alone think. Every week, price guides climb higher, agents are saying homes are already under offer, and it slowly chips away at your confidence. It’s exhausting. But here’s what we want you to know: you can still buy well in a market like this. You just need the right mindset and a solid strategy.

In this episode, we walk you through seven practical tips that help you stay in the game. We talk about why speed and preparation matter more than ever, how to get to know your area like the back of your hand, and when it’s time to pivot to surrounding suburbs if your dream location slips out of reach. We also explain why knowing property values inside and out is key, and why skipping due diligence; no matter how tempting, is never worth the risk.

We also get into auctions and pre-auction offers, and how we handle them with our clients. There’s a lot of pressure out there, but when you understand the process and do the prep early, you can make strong, smart decisions without being swept up in fear or frustration.

So if you’re feeling disheartened, we get it. We’ve been there. But don’t tap out. With the right tools, a bit of grit, and a whole lot of preparation, you’ll find your way through this. You’re closer than you think.

Episode Highlights:

00:00 - Introduction

02:10 - Meighan’s special house of the week

06:02 - 4 core takeaways to compete in a hot market

07:08 - Tip #1: Recognise and overcome first home buyer challenges

09:02 - Tip #2: Get a step ahead by knowing your area inside out

13:33 - Tip #3: Mastering auctions and pre-auction plays

17:57 - Tip #4: Be offer-ready even before the first open

20:55 - Tip #5: Never skip due diligence

23:06 - Tip #6: Understand best and final offers

26:22 - Tip #7: Mindset matters

Resources:

• FREE MINI COURSE: How to price property like a professional https://www.homebuyeracademy.com.au/freecourse
• Meet our recommended mortgage brokers at Home Buyer Academy https://homebuyeracademy.com.au/brokers
• Visit our website https://www.homebuyeracademy.com.au/
• Join our Facebook Group to get access to free monthly live Q&A sessions
• https://www.facebook.com/groups/yourfirsthomebuyerguideaustralia
• Learn how to buy property without making a mistake with our ultimate 10-step online course for first time home buyers https://homebuyeracademy.com.au/YFHBG
• If you have any questions or would like to be featured on our show, contact us at: Your First Home Buyer Guide Podcast [email protected]
• Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Brisbane Buyers Agent? https://www.propertypursuit.com.au/
• Work with Meighan: https://www.linkedin.com/in/meighanwells/

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

• Subscribe on YouTube: https://www.youtube.com/@YourFirstHomeBuyerGuidePodcast
• Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/your-first-home-buyer-guide-podcast/id1544701825
• Subscribe on Spotify: https://open.spotify.com/show/7GyrfXoqvDxjqNRv40NVQs?si=7c8bc4362fab421f

See omnystudio.com/listener for privacy information.