As a Buyer’s Agent, I continually help clients purchase homes. I find time and again that the best properties sell quickly – no matter what the current market. When you’ve finally found the perfect property for you, you need to position yourself so that you can make it yours – but be certain that you’re not over-paying. Below I share some tips to help you with that process. 

1. Looks can be deceiving. A property may look very different in real life to how it looks online. Photoshop takes out most defects such as grubby carpet, washed out paint colour, lack of light and poor finishes making a home look pristine and welcoming which may or may not be the case. A building and pest / strata reports may reveal significant faults or challenges about the property that may influence your decision to purchase.
2. Investigate the property you’ve chosen. It is very important to investigate the property – and the neighbourhood – thoroughly.  Always inspect the property at least twice and bring other people with you to view the home. Then go back to the property at different times of the day, while it may be quiet on a Saturday it may be very different on a weekday or during school pick up hours. Speak to neighbours and ask how they feel about the neighbourhood and if there are any issues.
3. Never make an offer in haste. You should always be very considered regarding whether to make an offer and what the amount will be. At the same time, if you don’t make an offer before someone else does, you may lose out! If you have done your research, examined the market thoroughly, worked out what comparable properties are selling for in the same type of street in the same suburb then you should be able to work out what the home is worth. This is where the services of a Buyer’s Agent can be a great asset.
4. Request a Contract of Sale (known as a Section 32 in Victoria). If you’re interested in purchasing the home and have it reviewed by your conveyancer or property lawyer.
5. Keep your options open. Just because you love this property, doesn’t mean you shouldn’t continue exploring other homes that may also be a good fit for your needs. Especially as you may not be successful buying your first choice.
6. Never overstretch your budget. Your maximum is your maximum.
7. Obtain Finance Pre-Approval prior to starting. Ensure you have finance pre-approved and a deposit before you set out on your search. Knowing you have the funds available to proceed as soon as you find your dream property. Pre-approvals usually have a time limit so you then must up your game and “lose your weekends” to property searches but the security is worthwhile!
8. Engage a conveyancer / property lawyer before you set out and that they will be available to you so that when the right property comes up they are available to review the Contract of Sale for you.
9. Be aware of burn-out. If you have been searching for a long time, you may be inclined to compromise, over-pay or “settle” just so that you can move on with other things in life. A property purchase is expensive – perhaps the most expensive decision you’ll ever make – so the decision to buy needs to be a considered, rational and wise decision.
10. Our Buyer’s Agents represent YOU. Every day, our Buyer’s Agents purchase homes for our clients. We relieve buyers of the burden of searching, inspecting, reviewing, identifying and evaluating properties. We add incalculable value: due diligence, 30 + years’ knowledge and experience, negotiation strategy and purchasing / auction know-how. The average search time with a Buyer’s Agent is generally 60 – 90 days for a home due to the efficiencies we’re able to extract. We have access to Off-Market properties via our wide network of sales agents, ability to “cut to the chase”, and use of our unique Property Buyer Tracker System for clients and detailed Sales Analysis Report.

Buying Real Estate is the Biggest Financial Commitment You are Ever Likely to Make. If You Would Like to Buy the Easy and Stress-Free Way, Contact Me Today, Zac Newbold – Director, Your Australian Property 

Why Use a Buyer's Agent in Melbourne?

Your Australian Property Buyers Agents lives and breathes property and knows the Melbourne Property Market! We at Your Australian Property Buyers Agents offer comprehensive end-to-end support from identifying and analysing your selected properties to dealing with selling agents, attending property inspections, purchase negotiations and / or auction bidding on your behalf. 

Our Independent Buyer’s Agents in Melbourne, will take the time to understand your situation and work out what your individual needs, specific requirements and property goals are, so we can begin searching for your next property. 

To get in touch with us today, please complete our Enquiry Form so we can discuss your objectives and outline our process in clear and simple terms.

What our Clients are Saying about Your Australian Property Buyers Agents

Your Australian Property Buyers Agents is a five-star rated independent boutique Buyer’s Agency in Melbourne. Our success comes from prioritising our clients' unique needs first and consistently delivering exceptional results.​ 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.

From the CBD to Melbourne’s outer suburbs, Your Australian Property Buyers Agents helps Melbourne home buyers and property investors secure the right property with independent advice, proven strategy and expert negotiation.

We don’t sell property. We don’t answer to developers. We work for you and only you.

With over 30 years of real estate industry expertise, 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 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.

Next Step

If you’re Serious about Purchasing the Right Property at the Right Price, then Working with an Expert Buyer’s Agents is the Smartest Purchasing Strategy There Is!

Simply fill out the Enquiry Form below to get Started.

Strong advice: Never let a selling agent bid for you at auction.

Buyers, you need to be aware that selling agents bidding on your behalf at auction have a clear conflict of interest. They should not be acting as Buyer’s Agents and/or bidding on your behalf at an auction.

Selling agents are being paid by the vendor to sell the property at the highest possible price. They are not acting in your best interests as the Buyer.

When you pay for any professional services you need to understand who is representing you and ask yourself: Are there any possible conflicts of interest?

For instance, if the selling agent who is bidding for you at the auction is from the same real estate agency as the one representing the vendor, then it’s in the agency’s best interest for you to buy the property at the highest possible price.

A tactic selling agent’s often use is to offer to bid for you at an auction ‘for free’ (and then urge you up in price at the auction) is so that they can win the listing of the sale of your current home on which they will receive a commission.

Either way, selling agents have a huge financial incentive to help a Buyer purchase a property with their help at auction and that’s not in the Buyer’s best interest.

In an auction environment it’s extremely important to understand what the market is doing to ensure you pay a fair price.

A truly independent Buyer’s Agent acts for you as the buyer and takes a fee for doing so. They do not have properties listed for sale nor is their business involved in direct selling. Don’t put your faith in the wrong person on auction day.

If you want to have a free consultation to discuss these issues please feel free to contact me at Your Australian Property Buyers Agents. Zac Newbold, Director |Telephone: 1300 998 688 or +61 3 8899 6327.

Why Use a Buyer's Agent in Melbourne?

Your Australian Property Buyers Agents lives and breathes property and knows the Melbourne Property Market! We at Your Australian Property Buyers Agents offer comprehensive end-to-end support from identifying and analysing your selected properties to dealing with selling agents, attending property inspections, purchase negotiations and / or auction bidding on your behalf. 

Our Independent Buyer’s Agents in Melbourne, will take the time to understand your situation and work out what your individual needs, specific requirements and property goals are, so we can begin searching for your next property. 

To get in touch with us today, please complete our Enquiry Form so we can discuss your objectives and outline our process in clear and simple terms.

What our Clients are Saying about Your Australian Property Buyers Agents

Your Australian Property Buyers Agents is a five-star rated independent boutique Buyer’s Agency in Melbourne. Our success comes from prioritising our clients' unique needs first and consistently delivering exceptional results.​ 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.

From the CBD to Melbourne’s outer suburbs, Your Australian Property Buyers Agents helps Melbourne home buyers and property investors secure the right property with independent advice, proven strategy and expert negotiation.

We don’t sell property. We don’t answer to developers. We work for you and only you.

With over 30 years of real estate industry expertise, 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 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.

Next Step

If you’re Serious about Purchasing the Right Property at the Right Price, then Working with an Expert Buyer’s Agents is the Smartest Purchasing Strategy There Is!

Simply fill out the Enquiry Form below to get Started.

Online property auctions are fast becoming a popular and convenient way to buying and selling real estate. Over the past year, the Australian real estate industry has undergone some massive changes due to the Covid-19 pandemic. As a result, real estate companies have had to adapt to new technologies to provide an accessible and safe way to transact and purchase properties. Because of this shift from in-person to online property auctions, this digital method is rapidly becoming a popular and convenient choice for buying and selling real estate. 

At Your Australian Property, we have achieved excellent results via online property auction bidding and related services. We have also assisted many of our longstanding clients to downsize from their large family homes to more practical and manageable inner-city townhouses.

Your Australian Property values advances in technology and our experience has shown there is still a way to go before the ideal solution is found when it comes to online property auction platforms as they are still in their infancy. Below you’ll find our comparisons of the many different types of online platforms. 

What Are the different types of online auction platforms? 

There are 4 major types of Online Property Auctions Platforms within Australia, including:

Video Conferencing – such as Zoom or Google Meets

Live Streaming

• Traditional Live Streaming such as YouTube or Facebook
• Auction Platforms with Live Streaming such as Anywhere Auctions or Gavl

Time-Based Auction Bidding platforms

• eBay style auctions

Real Estate Specific Auction Bidding platform

• Proprietary platforms that are invite only and typically branded to the selling agent’s branding.

What are the different Video Conferencing platforms available in Australia?

Typically, prior to an online video conference auction, the selling agent will require those interested in bidding to do some pre-call checks to ensure there are real bidders able to commit to the auction. This isn’t always necessary but it can assist the Auctioneer with knowing who’s just watching and who’s likely to bid.

Zoom

Online property auctions held via Zoom work in a similar manner to public auctions. All auction rules still apply it’s just that it’s completed from the comfort of your own space.

At the Zoom online property auctions I’ve attended, the auctioneer normally asks the buyers and participants to remain on mute until the auction has commenced or if there are any questions.

During the auction, all participants who intend on bidding at the online property auction will need to unmute and turn on their cameras to ensure that the auctioneer can hear and see online bidders who intend to make a bid. Participants who do not intend to bid, are requested to turn their camera off and go on mute to minimise any distractions or disruptions during the bid.

Points to Consider:

• Super user friendly
• Has waiting rooms prior to joining a call
• Powerful Access Control for the text and audio chat
• Supports 100 simultaneous Video Callers
• Supports Multiple Displays (so you can see all the videos at once)
• Built in recording functionality

Zoom online property auction platform not only allows the auctioneer to call the auction live virtually but it also allows all participants to see the other bidders actively placing bids no matter where they’re residing. The best part about Zoom online property auctions is the complete transparency, as all of the bidders can see each other. Potential purchasers can have total confidence knowing they’re not bidding against a fake or dummy bidder.

Google Meets

One of the benefits of using Google Meets as an online real estate auction platform is that most bidders get to see other people bidding. However, similar to Zoom, some auctioneers won’t make it compulsory for all bidders to have their cameras turned on.

Google Meets online real estate auction platform is similar to an in-person auction just like Zoom. It’s like watching a live video of the auction. It’s also an uncomplicated system.

If someone invites you to a Google Meets online property auction, you can join easily and conveniently without creating an account. Simply click on the link and wait for the host (i.e. auctioneer) to allow you to join. A Google Meets account is only required if you need to create your own meeting and send invitations to other participants.

Points to Consider:

• Formally called Google Hangouts
• User friendly
• Supports 100 simultaneous Video Callers
• Unlike zoom this lacks the Access Control
• It also doesn’t support multiple screens so you’re limited to as many people you can fit on a single screen.

WhatsApp

Very Similar to Zoom and Google Meets however this platform only allows a maximum of 8 video participants whereas Zoom and Google Meets allow up to 100 simultaneous video callers.

This makes the platform more likely to be used in conjunction with a small group of bidders and a physical auction.

Points to Consider:

• Owned by Facebook
• Requires a Phone with the App
• Not a great new user experience especially for non-tech inclined people.

What are the different Live Streaming platforms available in Australia?

Traditional Video streaming platforms such as Facebook Live and YouTube live were previously used to illustrate how an auction works. To place bids a buyer would typically need to be pre-registered with the agent and be bidding via the phone or live chat.

The drawbacks of Live Streaming auction bidding platforms are the risk of data leaks, negative financial impacts when awaiting deposit refunds, privacy issues and internet quality issues. So, if you’re not too keen on sharing these confidential details online, these Live Streaming platforms may not be for you. However, you can always opt to work with a buying agent who can bid on your behalf. If you win a bid, you can finalise the deal the same day using integrated contract signing.

Anywhere Auctions

Anywhere Auctions is definitely trying to be a full-service Auction Bidding Platform. It allows bidders to search the listings on the site. It also lets you watch and participate in property auctions as they unfold. You can use their bidding platform on your mobile device or computer to access the auction live.

To bid on Anywhere Auctions you’ll have to first select the property you want and then register using your ID. As an added security, you’ll also need to register your credit card details for pre-authorization of the nominal amount of the bid. This two-step verification ensures every participant in the bid is a real human being.

Points to Consider:

• Requires Credit Card pre-authorisation to Bid
• Requires ID to be uploaded
• Lacking in transparency with: can’t see other bidders; can’t see historical Auctions in details; and can’t see how many bids lead to the auction price
• Requires an account to view an Auction
• Poor user experience in bidding as you have to write the bid amount as opposed to pre-defined buttons

AuctionNow

AuctionNow is Australia’s newest platform for online property bids. Through the platform, you can watch, register, bid, buy and exchange live property auctions in real-time. To become a bidder, you have to first upload your ID, provide supporting documents and wait to be approved by the agent.

Similar to other online auction platforms, the biggest drawback in using AuctionNow is the wide number of competitors. If you happen to bid on a property that many people are interested in, you may end up with drawn-out bidding and pay higher than your expected price. Also, it can be intimidating for first-time bidders to participate in a bid with too many people. In this case, you choose to work with a buying agent.

Points to Consider:

• Can’t see previous auctions
• Can’t see who’s placing particular bids
• Has both Live and Time-based auctions.
• Has a limited amount of Property Detail, typically linking to a listing site to see more about the property

Gavl

Gavl is an app developed to help the real estate industry have an easier time during the pandemic.

The app allows purchasers to browse listings, shortlist, and inspect properties. It also allows buyers to watch and bid at auctions at the comfort of their homes. The auctions happen in real-time.

Gavl has the unique ability to turn any street auction into an online auction if the auctioneer agrees to a purchasers request to do so. This capability is likely to help grow the platform in a post covid environment.

Compared to other platforms, making an offer on Gavl is a bit more complicated with pre designated $ amount buttons having to be pressed twice hence slowing down the bidding process. Buyers first have to complete offer conditions and submit them to the selling agent. The selling agent will then have to present your offer to the seller and wait for them to respond before you can continue.

Points to Consider:

• Has the ability to show past auctions
• Can’t see who’s placing particular bids
• Uses “Vix Verify” to verify your identity
• Offers the ability to turn any street auction into a digital auction.

Auctions Plus

Unlike most of the above this platform is not specifically a real estate auction platform but more of a traditional auction house. Its main focus is on the Agriculture Sector. However, this likely means the buyers who would use it are likely familiar with the platform.

Points to Consider:

• Can’t see who’s placing bids
• Very Old feeling
• Allows for “Auto Bidding” like eBay

eAuctions

In eAuctions, real estate agents electronically capture and record each bid using the eAuctions Agent App. The bids are published to your mobile device as they happen, so you never miss a thing. You have the convenience to access the auction results wherever you are.

Unfortunately, with this particular platform, you cannot see other bidders. As I said previously, all online property auction bidding platforms should be live-streamed (like Zoom or Google Meets).

Transparency and integrity are both critical to ensuring any new system survives and remains financially viable.

Points to Consider:

• Can’t see who’s placing bids
• Can see previous Auctions including bid amount over time
• Will also require your ID to verify who you are prior to bidding
• Offers SMS notifications of the opening and final bids for the auction

What are the different Time-Based Auction platforms available in Australia?

These operate primarily as an older style Auction House. This is where eBay has its roots and the most common online Auction place in Australia would be Grays online.

Openn Negotiation

Openn Negotiation is a sales method managed by real estate agents designed to help buyers and sellers find the true market price for a property, through an online bidding platform.

Using the app buyers can place bids, make offers, track negotiations and digitally finalise a property purchase – anytime and anywhere. Bidders can also track the number of buyers they’re up against. All of these digital transactions happen in real-time and are tracked 24/7.

The downside of using this app is that bidding may take longer compared to other apps since negotiation is a huge part of this platform. Biddings may last for days. If you aren’t logged in on the platform, you’ll know through an app notification that you’ve won.

SoldOnline:

SoldOnline (previously known as AuctionworksOnline) has been developed by David Scholes.

Its primary feature is the ability to bid calmly and in private without stressing about quick bidding as is common in traditional auctions. To register, you’ll have to send your ID and input other personal details for verification. You’ll also need to share your email address and phone number. You’ll be notified via them once the property bid opens. There will be notifications for the last 24 hours and the last one hour of bidding.

If slow-paced bidding and sharing private information isn’t up to your alley, SoldOnline may not be the best choice for you. Also, since you can’t see other bidders real time, there’s the issue of transparency.

What should I consider when joining an online property auction?

Online property auctions aren’t for everyone. If you aren’t familiar with how these auction platforms work or if you aren’t familiar with property auction bidding in general, you may end up losing out. The same may happen if you choose to work with a third-party company. There’s the potential issue of having your privacy breached.

In this case, it’s better to directly work with selling agents as you would normally do on on-site auctions. Buyer agents, like the professionals at Your Australian Property, are bound by our strict work ethics. This means that we do our best to protect your privacy while at the same time ensuring you purchase properties according to your specific requirements at the best price. We do the groundwork for you and ensure your details remain confidential and anonymous.

Conclusion

When it comes to transparency and fast turnaround time, we’ve found Zoom and Google Meets are the best online property auction bidding platforms in Australia. Using online property auction bidding platforms such as Zoom and Google Meets gives buyers full transparency in the property auction bidding process.

All online property auction bidding platforms should make it compulsory for all bidders to have their cameras turned on or the ability of seeing who is placing the bid or seeing the persons who may intend to bid.

By engaging our highly successful and proven Online Property Auction Bidding Service, you will remain 100% anonymous when being represented by Your Australian Property. We register on your behalf without disclosing your contact details meaning your privacy is protected. Additionally, by using our services (rather than doing it yourself) Your Australian Property is protecting your anonymity from the selling agent. For instance, let’s say you did the online bidding for yourself but unfortunately you lost. The ramifications are that it will destroy and comprise any future negotiations you may have with that same selling agent, as they now know what your maximum purchase price limit is! Is it really worth taking a risk when it’s your money at stake?

Our expert property team at Your Australian Property has the skills and the know-how to navigate online property auctions with ease. If you need to know more, our team would be happy to discuss any aspect of the process further by contacting us on 1300 998 688 or +61 3 8899 6327. You can also submit your queries through our website at https://www.youraustralianproperty.com.au/contact/

About Your Australian Property

Your Australian Property is a Melbourne-based buyer’s agency with more than 30 years of experience in the field. We specialise in providing personalised services targeted towards helping clients secure the property they desire with confidence and ease.

Media Contact
Company Name: Your Australian Property

Contact Person: Zac Newbold

Email: https://www.youraustralianproperty.com.au/contact/

Telephone: 1300 998 688 or +61 3 8899 6327

City/ Country: Melbourne, Australia

Website: https://www.youraustralianproperty.com.au/online-property-auction-bidding-melbourne/

Why Use a Buyer's Agent in Melbourne?

Your Australian Property Buyers Agents lives and breathes property and knows the Melbourne Property Market! We at Your Australian Property Buyers Agents offer comprehensive end-to-end support from identifying and analysing your selected properties to dealing with selling agents, attending property inspections, purchase negotiations and / or auction bidding on your behalf. 

Our Independent Buyer’s Agents in Melbourne, will take the time to understand your situation and work out what your individual needs, specific requirements and property goals are, so we can begin searching for your next property. 

To get in touch with us today, please complete our Enquiry Form so we can discuss your objectives and outline our process in clear and simple terms.

What our Clients are Saying about Your Australian Property Buyers Agents

Your Australian Property Buyers Agents is a five-star rated independent boutique Buyer’s Agency in Melbourne. Our success comes from prioritising our clients' unique needs first and consistently delivering exceptional results.​ 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.

From the CBD to Melbourne’s outer suburbs, Your Australian Property Buyers Agents helps Melbourne home buyers and property investors secure the right property with independent advice, proven strategy and expert negotiation.

We don’t sell property. We don’t answer to developers. We work for you and only you.

With over 30 years of real estate industry expertise, 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 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.

Next Step

If you’re Serious about Purchasing the Right Property at the Right Price, then Working with an Expert Buyer’s Agents is the Smartest Purchasing Strategy There Is!

Simply fill out the Enquiry Form below to get Started.

Your Australian Property Online Property Auction Buying Service has experience buying via all online property auction platforms. In particular, we’ve found the Zoom online property auction bidding platform protects your privacy, is secure, very reliable and user friendly. 

Online auctions, held via Zoom, work exactly the same way as the public auctions you’re used to seeing or attending, except from the comfort of your own home or space. Are you interested in discovering more about this online process? Take a read of our FAQs below. 

At Your Australian Property we are pleased to have adapted our services to continue to support each and every client to achieve their property goals. We have been able to buy properties for our clients, during this ever-changing climate, in a safe digital environment, ensuring that our Buyer’s Agent and Auction Services continue as usual. 

Here are most of the FAQs: How do I remain 100% anonymous online at an online property auction? By engaging our highly successful and proven Online Property Auction Bidding Service, you will remain 100% anonymous when being represented by Your Australian Property. We register on your behalf without disclosing your contact details which means you’re a lot exposed. Additionally, by using our services (rather than doing it yourself) Your Australian Property are doing you a huge favour by protecting your anonymity from the selling agent. For instance, let’s say you did the online bidding for yourself but unfortunately you lost. Well, the ramifications are that it will completely destroy and comprise any future negotiations you may have with that same selling agent, as they already know what your maximum purchase price limit is! Is it really worth taking a risk when it’s your money at stake?

How do I join an online auction? An Auction Registration Bidding Form is sent to prospective buyers prior to the auction with an invitation to follow the auction via a Zoom link included. Participants are then invited to join the online auction via this Zoom link 10-15 minutes ahead of the proposed start time to resolve any technical difficulties which may arise. If you cannot reconnect via the Zoom link provided to you via email, you must contact the listing agent as soon as possible for further instructions. All participants are placed “on mute” until the auction starts however agents invite prospective buyers to turn their cameras on. 

How do I “Mute/Unmute”, Start/Stop Video” and change my screen name? Tap on the screen of your device or click your mouse to reveal a menu of buttons which you will be able to operate to perform these functions. The “Rename” function is accessed by clicking the “Participants” icon and then clicking on your current name in the list of participants, then choosing “Rename”. 

Should I change my screen name? Agents encourage the use of your full name as it is vital that the agents know your identity if you are intending to bid. If you intend to change your name at least let the auctioneer know your alias so they know who you are. The auctioneer announces the bidder’s names along with the bids for transparency. 

Will the auction be conducted differently to a normal public auction? Due to legal reasons, the answer is “No”. They are the same as those for a normal public auction. 

How does an online auction begin? The auctioneer will begin by explaining the format of the online auction and will run through any administration rules. The property will then be introduced, together with a series of photos. Bidding will follow. 

How do I make a bid? If you are interested in making a bid on a property, you have several options: Un-mute yourself (there is “Mute/Unmute” icon in the bottom left corner of your screen) and vocalise your bid. Use the chat function to submit a bid. Please submit to all attendees for transparency. If the auctioneer nominates a rise, put your hand up so it is visible on the screen. Please be aware, online auctions can take a little more time than public auctions, as it takes a few seconds to identify each bidder and their manner of bidding. 

Will the Auctioneer refer the bid to the vendor at any time during the auction? Yes, possibly. If the bidding is referred to the vendor, expect the auctioneer to “leave” the auction momentarily to consult the vendor. 

Can I watch the auction even if I do not intend to bid? If you wish to participate in the auction but not as a prospective buyer, the agent may ask that you switch off your video. This allows them to focus on the parties who do wish to participate. Also, please end your session at the conclusion of the auction. 

What happens if my bid wins? Naturally, the auction will continue until the auctioneer sells to the successful purchaser, or the property passes in to the highest bidder. Before the property is declared either passed in or sold – the highest bidder must send a text message confirmation of the winning bid to the agent.  

How does the online auction end? Once the property has been sold, the auctioneer will ask all parties to leave the online session, apart from the winning/highest bidder. 

Will I be required to pay a deposit immediately and how do I do so? The sales agent will require a holding deposit to be paid at the conclusion of the auction and the balance on the following business day. The agents will confirm the required deposit amounts and internet banking details. The initial holding deposit needs to be paid via an EFT transfer to the Sales Agents Trust Account. Once all other participants have left the online auction, the next steps will be discussed. The Contract will be prepared and emailed to the purchaser for signing via computer, iPad, smartphone, iPhone device or using a very simple electronic signature function. You now have successfully purchased your desired property online! 

Your Australian Property Secures Camberwell Home for Family at Zoom Auction @ 12 Amy Street, Camberwell

A fantastic example of a successful recent auction where Your Australian Property successfully secured purchase of 12 Amy Street, Camberwell that took place via a live Zoom auction on Thursday evening 12 August 2021 at 5:30PM, drawing almost 60 viewers online. 

Your Australian Property ended up securing the ‘winning online bid’ delivering a highly successful purchase outcome for its client, the buyer! Proving that even during a lockdown, our experienced and expert Online Property Auction Bidders continue to achieve fantastic results on behalf of our clients’.

To watch a replay of the online property auction click here. 

If this all seems too daunting and you wish to use our valued Online Property Auction Bidding Service to save you money, reduce stress and protect your anonymity, click here to find out more about Your Australian Property Online Auction Property Buying Service and our licenced expert team of Melbourne Buyers Agents with over 30 years’ experience in the real estate industry.

Why Use a Buyer's Agent in Melbourne?

Your Australian Property Buyers Agents lives and breathes property and knows the Melbourne Property Market! We at Your Australian Property Buyers Agents offer comprehensive end-to-end support from identifying and analysing your selected properties to dealing with selling agents, attending property inspections, purchase negotiations and / or auction bidding on your behalf. 

Our Independent Buyer’s Agents in Melbourne, will take the time to understand your situation and work out what your individual needs, specific requirements and property goals are, so we can begin searching for your next property. 

To get in touch with us today, please complete our Enquiry Form so we can discuss your objectives and outline our process in clear and simple terms.

What our Clients are Saying about Your Australian Property Buyers Agents

Your Australian Property Buyers Agents is a five-star rated independent boutique Buyer’s Agency in Melbourne. Our success comes from prioritising our clients' unique needs first and consistently delivering exceptional results.​ 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.

From the CBD to Melbourne’s outer suburbs, Your Australian Property Buyers Agents helps Melbourne home buyers and property investors secure the right property with independent advice, proven strategy and expert negotiation.

We don’t sell property. We don’t answer to developers. We work for you and only you.

With over 30 years of real estate industry expertise, 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 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.

Next Step

If you’re Serious about Purchasing the Right Property at the Right Price, then Working with an Expert Buyer’s Agents is the Smartest Purchasing Strategy There Is!

Simply fill out the Enquiry Form below to get Started.