Auction Bidding Service Melbourne

 

 

Committed to Exemplary Service

Sick of Being Outbid at Auction… again?

Being Outplayed by Your Competitors?

Let’s Secure the WINNING BID for You!

Does the thought of Bidding at an Auction keep you awake at night? Typically, bidding at Auction is overwhelming and stressful for most buyers. Nervous about how to bid or not sure what bidding limit to set? Stress or worry are the ‘tell-tale’ signs you may be better off outsourcing the Auction buying process to an Auction Bidding expert. As Melbourne’s most experienced Professional Auction Bidders, Your Australian Property has attended thousands of Auctions and witnessed first-hand how bidding can cause anxiety in the calmest of people and they leave disappointed. Is it really worth taking a risk when it’s your money at stake?

“A large crowd is forming in anticipation before the Auction starts, your heartbeat races and your palms begin to sweat. Is today the lucky day you’re going to buy your ideal property? Or, you simply ‘chicken out’ and don’t do anything?

There are many different strategies – What is your Auction Bidding Strategy? You take a deep breath as bidding starts. You’re about to place a bid. 30 seconds pass but you freeze, when should you make your move, is it too early? The Auction’s moving so fast, is the property worth this price? Is it on the market yet?

Before you realise the Auction ends and your dream home has been bought by another buyer. Tired and frustrated, you leave the Auction empty handed, disappointed again.”

With our expert experience and knowledge of the Melbourne property market, plus a proven track record of achieving successful outcomes at Auctions all over Melbourne, utilising our Professional Auction Bidders to secure your next home or investment makes good economic sense!

Why Use a Professional Auction Bidder?

There are great buying opportunities available at Auction but inexperience can really hurt your heart and your wallet. Our experienced team are expert Buyer’s Agents, Professional Auction Bidders and Auction Bidding Strategists. We will plan the Auction Bidding Strategy and bid 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

Be the WINNING AUCTION BIDDER!

With over 30 years’ expert knowledge of the Melbourne property market, our team of Professional Auction Bidders are highly skilled. They fully plan and execute the Auction Bidding Strategy for you to secure the WINNING BID at Auction.

It’s simple. Your Australian Property represents only you, the buyer, at Auction.

Our Professional Auction Bidders are continuously helping a wide range of clients successfully purchase property at Auction, as we take the emotion and stress out of the Auction buying process.

Benefits We Provide

Our Professional Auction Bidders Help Get The Most Out Of Your Budget!

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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.

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Always Pushing Boundaries To Win

​Our professional Auction Bidders fully plan & execute the Auction Bidding Strategy for you, ensuring you have the upper hand.

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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 We Help?

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Buyers who are Overwhelmed by Auction Bidding

Buyers who are too Busy to Attend the Auction

Buyers who are Nervous about Overpaying at Auction

Buyers who are Scared about Missing Out at Auction

Your Australian Property is continuously purchasing a wide range of properties at auction, all over Melbourne, at all price points for its clients. So if you need help buying at auction GIVE US A CALL ON0418 144 644.

We Service the Whole of Melbourne

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Our expert Auction Bidders have represented and helped many of our clients successfully negotiate and secure purchase at thousands of Auctions all over Melbourne – saving them Time, Money and Stress!

With over 30 years’ experience in the Melbourne market, we continually purchase a wide range of properties on behalf of clients, from apartments and multi-million dollar homes to commercial properties all over Melbourne at all price points.

CALL​ 0418 144 644 TO LEARN MORE ABOUT THIS IMPRESSIVE SERVICE.

Why Choose Us?

Our Professional Auction Bidders have 30+ Years of Experience using Innovative Auction Bidding Strategies to get the WINNING BID!

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Virtually all our Clients BUY the RIGHT PROPERTY at the RIGHT PRICE and STRESS-FREE!

We Work Exclusively for Only You, the Buyer – we support you during the entire Auction property buying process

We Bid on all types of properties all over Melbourne at All Price Points

We protect you from making Incorrect Decisions or Overpaying

We use Innovative Auction Strategies taking the stress out of Bidding at Auction to secure the Winning Bid

We Use Innovative Auction Strategies Taking the Stress Out of Bidding at Auction to secure the Winning Bid at Auction

We provide Highly Personalised Consulting Services so Your Best Interests always come first and exceptional results follow

Auction Bidding Melbourne by Your Australian Property

be the winning auction bidder at auction

Signing Authority to Bid on Your Behalf

30-Minute Pre-Auction Strategy Session

Strategic Auction Bidding at your Selected Property

Power of Attorney to Act on your Behalf

Post-Auction Negotiations & Support

Your Australian Property doesn’t mind pushing boundaries so your interests always come first and exceptional results follow.​With so many benefits with our Auction Bidding Service you are in a WIN-WIN situation!

Auction Bidder Fees

What is the Cost of this Service?

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Our Professional Auction Bidders plan the Auction Bidding Strategy and bid on your behalf. Your Australian Property takes the emotion out of the Auction buying process and may prove to be the most cost-effective resource you have.​ With so many benefits you are in a win-win situation!

An initial engagement fee (part of the total agreed property consulting fee) is payable. Upon your successful winning bid at Auction (or successful  purchase price before or after Auction) the balance of the agreed property consulting fee becomes due.

Auction Bidding Melbourne Frequently Asked Questions – FAQs

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. 

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.

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.

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 0418 144 644 or send us a message via our Enquiry Contact Form.

What if I don't secure the property at Auction?

If you are unsuccessful at securing your selected property at Auction it may be best to upgrade to one of our More Comprehensive Services where you will receive the right advice from the start. If you upgrade your service within 30 days from the date of the Auction or Negotiation, the Auction booking fee you have paid us to represent you at the Auction will be deducted from your total service fee for the upgraded service.

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.

Why do I need pay a Buyer’s Agent to bid for me?

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 0418 144 644 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

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 0418 144 644 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 0418 144 644 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. But, the great news is if you engage a Buyer’s Agent / Buyer’s Advocate to undertake the Auction Bidding on your behalf, 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.

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 depot 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 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 0418 144 644 or send us a message via our Enquiry Contact Form

What makes you different from other Buyers Agents?

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.

Other Professional Services

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We are with you every step of the way during the buying process, from the first meeting until receiving keys to your new property.

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Auction Bidding Service

Tired of being outbid at auctions? Our expert Bidding Agents will use innovative bidding strategies to secure the winning bid.

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Commercial Services

We offer expert advice on commercial real estate. Plus we undertake negotiations on behalf of commercial owners, buyers or tenants.

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Vendor Advocacy

We manage the entire selling process on your behalf, ensuring you can receive maximum sale price for your home or investment.

  • I can't recommend Zac highly enough. He did Due Diligence for a property we wanted to bid on at auction. His research was really helpful. Then at the auction he bid strongly for us and managed to secure the property for a good price. Having Zac involved definitely helped manage the stress with ... Read More
  • Working with Zac was an absolute pleasure. Your Australian Property Managing Director Zac Newbold worked tirelessly to help me secure my first home. Engaging Zac and his business was one of the best decisions I've made after deciding to purchase a home. Zac is an excellent communicator, resp... Read More
  • Very professional and attentive service that achieved a great outcome. Zac is great to deal with and used his years of real estate experience to secure the right property for me.
  • I have no hesitation in recommending Zac Newbold and Your Australian Property to any buyer who requires assistance buying a home or investment property. I’ve known Zac for many years and have always found him to be honest, trustworthy and professional. He understands how the real estate indus... Read More
  • Zac at Your Australian Property was a great help to us in buying our house at auction. Early discussions with Zac were most beneficial to us in our understanding of the auction process and from then on every time we chatted it was always very helpful. We felt as though the stress of the upcomin... Read More

CALL​ 0418 144 644 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: 0418 144 644

    BY APPOINTMENT ONLY