Preparing for Auction Day

When it comes to preparing for an auction, it’s important to set realistic expectations. Buying your next property is a big step, so you need to make sure you’re ready for auction day!
Some steps you can take to prepare include doing your research, setting boundaries for yourself and working on your confidence.

Know the Market

Knowing the general trends in your city, town or neighbourhood will help you establish a better sense of the house value you're considering. There are many factors that will influence this, such as the announcement of the Brisbane 2032 Olympics.

If you’re unsure where to start, an agent with an in-depth understanding of the market can help. Having grown up and lived in Brisbane for many years, I’m well placed to help you understand what your potential new property is worth, and how to approach auction day.

Meet your House

When you find the perfect property, it’s time to do more investigating. Recruiting a professional can be very beneficial. Bring along a building inspector and feel reassured in your decision to go to auction. Going in with confidence and knowledge about the property will help you be prepared for the outcome on the day!

Get Serious

Once you have all the info about the market and your potential new property, it’s time to work out your budgets and approach. This is when you’ll need to chat to financial advisors and get your finances in order. Work out how much you can afford and how you’ll be paying should you win. This will give you the confidence to bid appropriately! 

Overall, getting ready for auction day and having the confidence to get the results you want will involve preparation and working with a number of experienced professionals. If you’re ready to sell or buy your home at auction, get in touch with me today.