Auction Bidding

Buying at auction can be a daunting and stressful process, even for experienced property buyers, it’s not something you do every day!

Whether you’re concerned about missing out, worried you will overpay in the heat of the moment or would simply prefer for someone else to bid on your behalf then Property Principles can help.

Our auction team are qualified Auctioneers, with years of experience in negotiation, they are experts at auctioneering and know all the tricks of the trade.

We offer independent advice on the property’s market value, and our team will create a personalised auction strategy and bid on your behalf up to an agreed limit.

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What's involved

1. Free no-obligation consultation

We’ll discuss the property, objectives in detail, your budget and confirm if we can assist you. During the call, we’ll explain our bidding approach and give you an opportunity to ask any questions.

2. Auction Price Guide Analysis

Auction price guides can be deliberately deceiving. We’ll prepare a detailed property analysis that considers local market conditions, the property’s sold history and recent comparable sales to identify a likley selling range.

3. Pre Auction Strategy

We’ll agree your maximum bid, the bid starting point, and our recommended bidding increments. We’ll also discuss vendor bids, our strategy if the property is passed in and using potential knockout bids.

4. Auction Day

We’ll execute our professional bidding strategy that’s tailored to the property you’re buying. Our will be aim to take control of the auction, reducing the effectiveness of the auctioneer’s strategy and intimidating the competition.

5. Post Auction negotiations

If the property is passed in, this is sometimes an exciting opportunity, we’ll manage post-auction negotiations on your behalf, working hard to buy at the best possible price.

Non emotional bidding

Charismatic auctioneers and pushy real estate agents play on buyers’ emotions to drive up sale prices at auctions, this is why they are done out in the open and not behind closed doors.

Let our experts stick to your plan and bidding limit, no matter what, to avoid falling victim to selling agents tactics, like “$3,000 extra is less than a cup a coffee a day, go on just one more bid”

Nerves are easy to spot, but difficult to manage – Let the professionals take the emotional pitfalls out of the process.

Book a call with our team today and we can find the best strategy for your next property.

Schedule A call Now

Ask Us How We Can Help you Bid at Auction

"We were so pleased with our experience with Joe at Property Principles. He was such a wealth of knowledge and information, super professional and completely invaluable to us in our property investment journey. We purchased our second IP right in the middle of a global health pandemic and recession, talk about tough conditions! We are so grateful for everything you did for us, we can't thank you enough Joe!"

Natalie & Sam W

First Time Investors

"Joe and his team are amazing to deal with, can’t recommend them highly enough. I have known Joe for a while now through the community and knew that his knowledge and negotiations skills were great, and that they would help me find my property. I reached out with a plan and a tight time frame to purchase in, not only did they deliver in finding me a great property but they managed the whole process from start to finish."

David W

Home Buyer

"We’d like thank Joe, Kat & the team for all their help securing this property for us. Not only did they make the entire process much easier but they were always there with help and advice. Through the buying and renovating process they were awesome to deal with and not only found a property to add value to, we also bought it well under market value, allowing us to build equity to continue growing our portfolio."

Paul & Judy K

Home Buyer with Investor Focus