Bidding at Auction - The Do’s and Don’ts

If you’re planning to buy in an area where auctions are common, then you need to understand how to win a property auction. Too many buyers show up on the day without a game plan, and we’ve seen it all. From people freezing up, bidding too late, or walking away from a property they actually wanted, just because they didn’t know how to handle the pressure.

In this episode, we’re sharing the do’s and don’ts of auction day. We talk about the psychology behind the bidding process, what makes people lose control, and why staying calm and knowing your walk-away price is non-negotiable. There’s strategy involved, and if you don’t know it, you could end up making an expensive mistake.

We’ll also walk you through how to win a property auction by showing you what prep actually looks like, beyond just getting your finances sorted. We cover how to read the auctioneer, spot bait pricing, and avoid getting psyched out by other bidders. It’s all about being ready before the auction even begins.

At the end of the day, buying at auction doesn’t have to be terrifying. When you know how to win a property auction and you understand the rules, the pace, and the tactics; you’re not just crossing your fingers and hoping. You’re in control.

Episode Highlights:

00:00 - Introduction
04:08 - Why do auctions freak people out?
07:15 - Auction DOs
10:15 - Auction DON’Ts

Course Details:

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