Auction Bidding Service
Expert Property Buyers
Committed to Exemplary Service and Saving You Money
Feeling Overwhelmed Bidding at Auction?
Overpaying Or Outplayed by Competitors?
We Remove Stress and Save You Money!
“A large crowd is forming in anticipation of the auction. Your heart is racing, and your palms began to sweat. Is today the day you’re going to buy your dream property? Or will you be outplayed by another buyer?
There are various strategies that work at auctions, but what is yours? You take a deep breath as the bidding commences. You’re about to place a bid but freeze.
30 seconds passes. You’re wondering when to make a move. Is it too early? The auction is now starting to move quickly, and the bids are coming in fast.
You begin to question if the property is even worth this much, or if it’s even on the market yet.
Then, before you realise, the auction is over, and your dream home is someone else’s. Tired and frustrated, you leave the auction. The disappointment is real.”
Ready to get one-step closer to buying your dream property in Melbourne? To get started call our expert Auction Bidders and Buyers Agents directly on 1300 998 688 | +61 3 8899 6327 or otherwise send us a message via our Enquiry Contact Form.
Expert Auction Bidders will Get You ‘One-Step’ Closer to your Dream Property
With over 30 years of expert knowledge of the Melbourne property market, Your Australian Property Buyers Agents experienced team will fully plan and execute the auction bidding strategy on your behalf using our expertise to:
Gain an enviable edge over other buyers who are bidding at the auction
Provide confidential sales data on all similar priced properties, so you can set your purchase limit with confidence
Protect you from overpaying or being outplayed by other buyers and selling agents in the heat of the moment
Save you from the emotional stress of post-auction negotiations with vendors and agents
How the Auction Bidding Service Saves You Money
Expert Auction Bidders help get the most out of your budget!
Representing You Anonymously
Staying anonymous is a smart strategy that works in your favour. It keeps agents guessing & means you’re a lot less exposed.
Always Pushing Boundaries To Win
Our expert Auction Bidders fully plan & execute the auction bidding strategy for you, ensuring you always have the upper hand.
Ensuring Stress-Free Buying
Whether you’re extremely nervous, inexperienced or unable to attend an auction, we’re here to make sure you never miss any opportunities!
Who our Expert Auction Bidders Melbourne Help
Overwhelmed by auction bidding
Too busy to attend the auction
Nervous about overpaying at auction
Scared about missing out at auction
Call 1300 998 688 or +61 3 8899 6327 to learn more about how our expert Auction Bidders and Buyers Agents can help you.
Your Australian Property Buyers Agents have over 30 years of experience and knowledge of the Melbourne property market and successfully purchase a variety of properties at auctions for clients in all price ranges all over Melbourne!
Having Your Australian Property Buyers Agents on your side can also maximise your purchasing power at auction, protect you from making costly mistakes, overpaying or being outplayed by your competitors!
Auction Bidding Service Competitive and Cost Effective Fees
What is the Cost of this Service?
Prior to starting the service, we discuss with you and agree on an appropriate fee. An initial engagement fee (which is part of the total agreed fee) is required to commence this service.
The balance of the total agreed fee only becomes payable if you successfully purchase a property at or after the auction. If you are unsuccessful with your bid, there is no further charge.
To find out more about this exciting service, call us directly on 1300 998 688 | +61 3 8899 6327 or otherwise send us a message via our Enquiry Contact Form.
FAQs About Auction Bidding Service
How does 'Auction Bidding' work?
Auctioneers have different ways of conducting an Auction. Generally, they aim to encourage as many people as possible to bid in order to achieve the highest possible price.
If the bidding has reached or is close to the reserve price (the lowest price at which the seller will sell), the auctioneer will ask the seller if they are ready to sell the property at the highest bid. If seller agrees, then the auctioneer will announce to the crowd of bidders that the property is now ‘on the market’. Bidding may continue for this property but is subject to other bidders whether they keep bidding or not. Bottom-line is that because the property has been declared ‘on the market’ the highest bidder ‘wins’ the Auction and ultimately secures purchase.
If bids do not meet the seller’s price expectations or ‘sellers reserve’, the property is then ‘passed in’ or ‘withdrawn from Auction’. The highest bidder then gets ‘first right to negotiate’ a price with the seller. If the highest bidder and seller cannot agree on a price, the selling agent may approach the other bidders to try and negotiate a sale for their seller client. If the seller is unable negotiate an agreement with any of the other buyers, the property will then become a private sale listing.
HOW TO REACH US: Call us directly on 1300 998 688 | +61 3 8899 6327 or send us a message via our Enquiry Contact Form.
When is the property considered ‘sold’ at Auction?
There is no legally binding contract until both buyer and seller have signed the contract of sale.
If you are the successful bidder at Auction:
you will be offered a contract in the same terms that was on display before the Auction. You cannot make the contract subject to any further conditions – for example, obtaining finance or having a longer settlement period, unless the seller agrees to them
you will be asked to sign the contract to make your formal offer to buy the property. The seller accepts your offer by also signing the contract
you must pay the deposit specified in the contract (unless otherwise agreed)
there is no cooling-off period.
When you and the seller have signed the contract and the deposit has been paid, the property has been sold and the sale is binding and enforceable.
The sale is then finalised at settlement when:
all checks have been made
the title and transfer documents have been exchanged
the balance of the purchase price has been paid.
HOW TO REACH US: Call us directly on 1300 998 688 | +61 3 8899 6327 or send us a message via our Enquiry Contact Form.
Do I need to attend the Auction?
No. We have systems and processes to keep you informed and connected to what is happening during the Auction without you needing to be there. In fact, we purchase many investment properties and homes for interstate and overseas clients on a daily basis. In the situation, where you cannot attend the Auction yourself a Power of Attorney is required. This will allow the Buyers Agent / Buyer’s Advocate to sign the contract of sale on your behalf, without requiring you to be at the Auction.
Your Australian Property always recommends obtaining independent legal advice when it involves preparing a Power of Attorney form as they can vary. Luckily, we can recommend a very good and reliable legal firm who are extremely cost effective and highly personalised. They will provide a free review of the contract of sale and section 32 vendors statement, to make sure everything is in order, prior to the Auction or private sale negotiation. They will also prepare the Power of Attorney (if required) at no extra charge, due to our current and ongoing relationship with them.
HOW TO REACH US: Call us directly on 1300 998 688 | +61 3 8899 6327 or send us a message via our Enquiry Contact Form.
Can I get someone else to bid for me at Auction?
If you’ve never bid at Auction before, having an experienced Buyer’s Agent or professional Auction Bidder do your Auction Bidding is the smartest purchasing strategy for you.
At Your Australian Property our Buyer’s Agents and professional Auction Bidders will fully plan and execute the Auction Bidding Strategy on your behalf, giving you an enviable edge over your competitors – saving you significant amounts of time and money, and providing you with peace of mind. We also have 30 plus years’ experience of the Melbourne property market and use innovative Auction Bidding Strategies to secure the WINNING BID at Auction – we push boundaries so your interests always come first and exceptional results follow. With so many benefits you are in a WIN-WIN situation!
HOW TO REACH US: Talk to our team today about how our experienced Auction Bidding Strategists can save you far more than our fees. Call us directly on 1300 998 688 | +61 3 8899 6327 or send us a message via our Enquiry Contact Form.
What if I don't secure the property at Auction?
If you don’t secure your selected property at Auction, another option is to upgrade to one of our More Comprehensive Buying Services, where we guide you at every step of the property buying process – from start to finish.
If you upgrade your service within 30 days from the date of the Auction or Negotiation, the engagement fee you have previously paid us will be deducted from the total agreed fee for the upgraded service.
HOW TO REACH US: Call us directly on 1300 998 688 | +61 3 8899 6327 or send us a message via our Enquiry Contact Form.
How / where can we meet for ‘Pre-Auction’ meeting?
A ‘Pre-Auction’ strategy session can be arranged via telephone, Zoom or Skype meeting. Alternatively, we can have a one-on-one meeting with you onsite at the property, prior to the Auction commencing.
HOW TO REACH US: Call us directly on 1300 998 688 | +61 3 8899 6327 or send us a message via our Enquiry Contact Form.
Why is it not recommended getting a selling agent to bid for me at Auction?
Selling agents generally bid in a very different way to how a Buyer’s Agent would bid at Auction. Generally they bid the way they would like buyers to bid at their Auctions (and push the price to the limit). Even though they may be not connected with the vendor, ask yourself if there is any vested interest or conflicts of interest? Ask yourself ‘Why are they willing to bid at Auction for free?’ Usually it’s because they want to list your property for sale once you’ve purchased your new property. Beware and remember the golden rule: “Free advice is often more expensive than paying for the advice upfront”.
HOW TO REACH US: Talk to our team today about how our experienced Auction Bidding Strategists can save you far more than our fees. Call us directly on 1300 998 688 | +61 3 8899 6327 or send us a message via our Enquiry Contact Form.
Can I afford the Auction Bidding service?
Yes, our Auction Bidding Service is affordable and may prove to be the cost-effective resource you need! Our expert Auction Bidders and Property Negotiators plan the Auction Bidding Strategy and bid on your behalf. With so many benefits you are in a win-win situation!
HOW TO REACH US: Talk to our team today about how our experienced Auction Bidding Strategists can save you far more than our fees. Call us directly on 1300 998 688 | +61 3 8899 6327 or send us a message via our Enquiry Contact Form.
What does 'Auction Bid' mean?
The auctioneer can set the amount by which bids increase. These are called ‘Auction bids’ or ‘Auction bidding advances’. You can bid at the amount stated by the auctioneer or offer an alternative amount but it is up to auctioneer whether or not to accept an alternative amount.
The auctioneer may:
Refuse an Auction bid at any time during the Auction, including when the Auction hammer is falling
Resume the Auction at the last undisputed bid or start the bidding again, if there is a dispute over a bid
Refer a bid to the seller at any time before the conclusion of the Auction
Withdraw the property from sale at any time
HOW TO REACH US: Call us directly on 1300 998 688 | +61 3 8899 6327 or send us a message via our Enquiry Contact Form.
What does the term ‘On the Market’ actually mean?
‘On the Market’ and ‘Reserve Price’ are fundamental terms to know when bidding at Auction. A Reserve Price is a minimum Price a seller is willing to accept from a buyer. During a 4-week Auction marketing campaign, a seller is not required to disclose their Reserve Price to potential buyers prior to the Auction.
A property is sold ‘under the hammer’ at Auction only once bidding is at or close to Reserve Price (the minimum price a seller is willing to accept from a buyer – the auctioneer will declare the property ‘On the Market’ and it will be sold to the highest bidder.
If the Reserve Price is not met, the seller is not required to sell their property, even to the highest bidder. If bids do not meet the seller’s price expectations or ‘Reserve Price’, the property is then ‘passed in’ or ‘withdrawn from Auction’.
While our Auction Bidding Strategy is to bid at least once at the start, a property going ‘On the Market’ is the most important step during the Auction. Buyers should not be scared to ask the question “is the property On the Market?” Once auctioneer declares property is ‘On the Market’, you’re playing for keeps and that’s when Your Australian Property ups the ante and bids strongly and aggressively at the Auction.
HOW TO REACH US: Talk to our team today about how our experienced Auction Bidding Strategists can save you far more than our fees. Call us directly on 1300 998 688 | +61 3 8899 6327 or send us a message via our Enquiry Contact Form.
Should I have an Auction Bidding Strategy?
Buying at Auction can be intimidating if you have never attended a property Auction before. Maybe you’ve heard all the obvious advice about property Auctions. For example, someone may already have warned you to ‘decide on your maximum bid before the Auction starts’. But what about bidding at Auction strategies and tactics that can actually help you gain an edge over competitors come Auction day?
Ultimately, success comes down to how much you are willing to pay for the property, but there are ways to give yourself the best chance of WINNING. Here are 5 tips for buyers to help them get the winning bid at Auction. They are:
Do your research and due diligence
Write down your upper limit
Commit to a bidding strategy
Does body language matter?
Take the emotion out of Bidding
We at Your Australian Property are professional Auction Bidders who have over 30 Years of Experience using Innovative Auction Bidding Strategies to get the WINNING BID!
HOW TO REACH US: Talk to our team today about how our experienced Auction Bidding Strategists can save you far more than our fees. Call us directly on 1300 998 688 | +61 3 8899 6327 or send us a message via our Enquiry Contact Form.
Do I need to register prior to Bidding at an Auction?
No. Unlike other states of Australia including NSW, buyers do not need to register to be allowed to bid on Auction day in the State of Victoria – you can simply turn up at the appointed time and start bidding at the Auction.
So the great news is if you engage a Buyer’s Agent / Buyer’s Advocate in Melbourne to represent you at the Auction, it means you can remain 100% ANONYMOUS without any of your competitors or selling agents knowing. This is a smart strategy as it keeps the selling agents guessing. And it means you are a lot less exposed on the day in that event that you are the unsuccessful auction bidder – Remember the last thing you want is for any of the selling agents to know exactly what your maximum price limit is, especially if you are involved in a negotiation with the same selling agent on a different property.
HOW TO REACH US: Call us directly on 1300 998 688 | +61 3 8899 6327 or send us a message via our Enquiry Contact Form.
What is 'proxy bidding' at Auction?
Using a Proxy Bidder means that you appoint a licensed Buyer’s Agent / Advocate to bid on your behalf as a buyer when either you cannot physically attend a property auction, simply feel uncomfortable or hate the stress of the Auction bidding process, or have little to no experience with the auction bidding process. In order for the Buyers Agent / Buyer’s Advocate to act as your Auction Bidding Proxy, you will need to sign an Auction bidding service authority, plus provide written instructions of your maximum purchase price limit and proposed settlement term conditions, including any deposit monies.
In the situation, where you cannot attend the Auction yourself a Power of Attorney is required. This will allow the Buyers Agent / Buyer’s Advocate to sign the contract of sale on your behalf, without requiring you to be at the Auction. Your Australian Property always recommends obtaining independent legal advice when it involves preparing a Power of Attorney form as they can vary. Luckily, we can recommend a very good and reliable legal firm who are extremely cost effective and highly personalised. They will provide a free review of the contract of sale and section 32 vendors statement, to make sure everything is in order, prior to the auction or private sale negotiation. They will also prepare the Power of Attorney (if required) at no extra charge, due to our current and ongoing relationship with them.
HOW TO REACH US: Call us directly on 1300 998 688 | +61 3 8899 6327 or send us a message via our Enquiry Contact Form.
How much notice do I need to secure your services?
Your Australian Property ideally requires a week’s notice so you can secure our professional services and ensure all paperwork is in order so we can attend your Auction. But, keep in mind that there are limited spots available for our Auction Bidding Service due to its overwhelming popularity each and every weekend. Therefore, to move forward with this exciting service, please let us know as soon as possible.
HOW TO REACH US: Call us directly on 1300 998 688 | +61 3 8899 6327 or send us a message via our Enquiry Contact Form.
What makes you different from other Buyers Agents operating within the Melbourne property market?
Quite simply, our Buyer’s Agents are totally dedicated to ensuring your property buying experience is enjoyable, exciting and stress-free, and above-all you have a fun and rewarding customer experience. Clients can track every step using our Online Property Tracker to keep up to date with our progress in real time. You can have as little or as much input as you like. And of course, the biggest benefit of our Buyer’s Agents Service is that Your Australian Property will continue to inspect, evaluate and negotiate on an unlimited number of properties within an agreed time-frame.
You’ll be impressed by our Buyer’s Agents in-depth knowledge of the Melbourne Property Market. Head over to our ‘Reviews’ page to read our clients stories and watch what our clients have to say about us.
HOW TO REACH US: Call us directly on 1300 998 688 | +61 3 8899 6327 or send us a message via our Enquiry Contact Form.
Is this service suitable for me?
If you’ve wasted TIME and MONEY attending auctions for properties that went well above your price range and frustrated at dealing with time-wasting selling agents, talk to us today about our full Buyer Agents Service.
HOW TO REACH US: Call us directly on 1300 998 688|+61 3 8899 6327 or send us a message via our Enquiry Contact Form.
Other Professional Services
Buyer Agents Service
We are with you every step of the way during the buying process, from the first meeting until receiving keys to your new property.
Auction Bidding Service
Tired of being outbid at auctions? Our expert Bidding Agents will use innovative bidding strategies to secure the winning bid.
Commercial Services
We offer expert advice on commercial real estate. Plus we undertake negotiations on behalf of commercial owners, buyers or tenants.
Vendor Advocacy
We manage the entire selling process on your behalf, ensuring you can receive maximum sale price for your home or investment.
Your Australian Property Buyers Agents is a five-star rated business and it’s because we put our clients first. We promise to be responsive and to truly listen to what our clients need. We’re surrounded by noise in the property market – Our goal is to cut through it.
With over 30 years of experience, we know what it takes to buy property seamlessly. Patience is key, but never at the compromise of confidence and our clients’ end game. We’re professional in every facet of our work, dealing with our clients with the utmost integrity and honesty.
When clients engage Your Australian Property Buyers Agents, they can expect Buyer’s Agents and Buyer’s Advocates that are proactive and passionate. Combining a hard work ethic with passion and attention to detail, we help clients achieve their property goals with ease.
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CALL 1300 998 688 OR +61 3 8899 6327 TO LEARN MORE ABOUT HOW WE CAN HELP YOU.
Next Step
If you’re Serious about Buying the Right Property at Auction, then Working With an Expert Auction Bidder is the Smartest Buying Strategy There Is!
Simply fill out the Enquiry Form below to get Started.
Contact Enquiry Form
Contact Details:
3 St. Georges Road
Elsternwick, 3185,
MELBOURNE, AUSTRALIA
Telephone: 1300 998 688 | +61 3 8899 6327
Business Hours:
*By Appointment Only*
