Top 5 Auction Mistakes (And How to Actually Win) | EP 26

Bidding at auction can be one of the most nerve-wracking parts of buying a home — especially in Melbourne, where over 1,000 homes can go to auction in a single weekend.

In this episode, we break down the top 5 mistakes buyers make at auction (and what to do instead). Whether you’re a first home buyer or an upgrader, these real-world strategies will give you the edge you need to stay calm, in control, and competitive on the day.

You’ll learn:

• Why most buyers set walk-away numbers wrong — and how to do it better
  
  
• The key reason you shouldn’t bring friends and family to the auction
  
  
• How to stop the auctioneer from creating dangerous momentum
  
  
• What questions to ask the agent before auction day
  
  
• The underrated negotiation trick if a property passes in

If you're planning to bid in the next few months — don’t miss this one.

👋 About the Show

How’s The Market is the go-to property podcast for Melbourne buyers who want to make smarter decisions. Hosted by Tristan Larkin and James Rankin from Tomii Property, we share expert insights, on-the-ground stories, and interviews with key players in real estate, finance, and construction. From auctions to interest rates and everything in between — we’ve got you covered.