What is Professional Auction Representation?
Bidding at auction takes more than just a cool head. It’s a combination of strategy, timing, negotiation, and knowing when to push on or walk away.
For some, the pressure and emotion becomes too much to handle. This may influence their decision to view properties or bid at auction in the future.
If this sounds like you, the Hot Property Buyers Agency team can get you back in the game.
Our professional auction representation provides buyers with a trained negotiator bidding on their behalf, ensuring emotion stays out of the room and you don’t overpay for the property.
You get a cool-headed, experienced negotiator working & bidding to secure your property at the best possible price, all with a clear strategy set in advance and no risk of getting caught up in the heat of the moment.
This auction bidding service can also be booked by busy professionals, interstate or overseas buyers who can’t attend in person, and experienced investors who want anonymous expert representation.
Bidding at Auction
What are the essential steps for bidding at a property auction?
Being prepared for a property auction isn’t just about the bid.
It’s important to do your research and make informed decisions before you register.
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Property Research: Get an online valuation, view recent nearby sales, and view suburb plans and developments.
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Inspection: If you’re interested in the property, take photos and notes of any new features or work required.
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Strategy: Discuss in advance what rules you will impose on yourself. Know what you’re prepared to pay, and when you’ll walk away.
Our Auction Success
Auction Results
Property bidders we’ve assisted at Brisbane Auctions.
How We Represent You At Auction
Auction Bidding Service Process
Found a property you love that’s going to auction? Here’s how we can help.
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Initial Consultation
Discuss the property, your goals, and which package suits your needs.
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Service Engagement
Complete Anti-Money Laundering (AML) compliance verification and execute the Office of Fair Trading Form 6 (Appointment of Buyer’s Agent) along with Terms & Conditions — this formally engages our service and authorises us to act on your behalf. Attendance fee paid to confirm engagement.
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Pre-Purchase Inspection, Due Diligence & Report
(Premium package only) professional property inspection with photos, detailed due diligence, comprehensive written report, and customised market appraisal.
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Auction Strategy Session
Confirm auction contract conditions and set your maximum bidding authority in writing.
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Auction Day
We attend and bid on your behalf in accordance with your written instructions, applying years of auction negotiation experience.
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Post-Auction
If successful, contracts are signed on your behalf. If the property passes in, we attempt private negotiation with the selling agent on the day. Full documentation and instructions provided through to settlement.
Timeline & Duration
To book your Auction Representative, you’ll need to speak with us and engage our services ahead of the specific auction date. Speak to us sooner rather than later to avoid disappointment.
Our Auction Strategy session typically takes place and is completed in the days leading up to the auction. It helps to have a confirmed maximum budget, and readiness to complete authority paperwork before auction day.
The engagement concludes once the auction outcome is completed.
Auction Bidding Service Costs
We have two packages available for Auction Representation*:
Standard Package:
$990 inc GST
Includes:
- Auction Strategy Session
- Representation and Bidding at Auction
- Post-Auction Documentation
Premium Package:
$1,850 inc GST
Includes:
- Auction Strategy Session
- Pre-Purchase Inspection
- Due Diligence, Written Report & Market Appraisal
- Representation and Bidding at Auction
- Post-Auction Documentation
* All Auction Bidding Packages are flat fee. There is no additional fee for successful bids. If unsuccessful, no additional charge applies.
Frequently Asked Questions
Our initial consultation is a 30 minute call.
Get Started Today
The initial consultation with Zoran & Maddy is a free, no obligation conversation about your goals and how we can help. We would love to hear your story and what the next steps look like.