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 scary
• When a pre-auction offer can give you a major advantage
• Why 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 agents
• What to ask the agent before making an offer
• Three common offer scenarios (and which ones might trap you):
• 1. A brought-forward auction
• 2. A semi-transparent multi-buyer process
• 3. A sudden “best and highest” deadline
• Why 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 here

Connect with Amy:

Website: www.thefirsthomeguidebook.com.au

Instagram: @the.first.home.guidebook