Buying your first property is already nerve-wracking — but nothing rattles buyers more than hearing, “There’s another offer on the table.” Is it true competition, or just a sales tactic designed to push you into bidding more than you planned?

In this episode, Veronica and Meighan pull back the curtain on the infamous “other buyer” bluff — a strategy many agents openly admit to using. You’ll learn why it works (hello, FOMO), how to tell when it’s real, and the red flags that suggest it’s nothing more than pressure tactics.

We also walk through practical tools to keep your cool: from asking the right questions that reveal whether another buyer exists, to setting your walk-away price long before negotiations begin. You’ll hear why auction transparency can sometimes be a safer bet than private treaty, and why social proof plays such a powerful role in these conversations.

Most importantly, you’ll discover how to stay grounded, avoid overpaying, and protect yourself from manipulation — even when the pressure is high. Because buying your first home should be strategic, not a knee-jerk reaction to a sales pitch.

Don’t let fear or bluffing tactics derail your first home purchase. Listen now and learn how to buy smart, not scared.

Episode Highlights

00:00 – Introduction

01:47 – Understanding Sales Agent Tactics

02:32 – Common Buyer Scenarios

02:49 – Dealing with Sudden Competition

03:11 – Market Conditions and Buyer Psychology

03:36 – Recognizing Real vs. Fake Offers

09:35 – Testing the Existence of Other Buyers

10:45 – Setting Your Budget and Limits

14:34 – Negotiation Strategies

17:20 – Avoiding Manipulation

21:22 – Understanding the Sales Game

26:18 – Transparency in Auctions vs. Private Sales

27:54 – Final Tips for Buyers

Course Details:

• THE First Home Buyer Course is our Step-By-Step, No BS Guide to Every Stage of The Home Buying Process – It’s the next best thing to having your own buyer’s agent. With our expert guidance, you’ll know what to do at every step along the way. Become a home owner faster and easier. Click here: https://homebuyeracademy.com.au/YFHBG

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