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Emma Brown Garrett, property auctioneer with over 20 years of experience in the industry, shares her journey from Bollywood acting to becoming one of Sydney's most respected auctioneers. She reveals insider knowledge about auction psychology, bidding strategies, and how to approach property auctions with confidence.

• Emma started her career in Bollywood films while maintaining her real estate license, using performance skills in her auctioneering
• The best auction strategy is starting with a strong opening bid and maintaining momentum rather than waiting until the end
• Around 60-70% of people who make the opening bid end up purchasing the property
• Auctioneers can read buyers' body language to determine if they have more money to give
• Having a buyer's agent represent you at auction provides strategic advantage and removes emotional pressure
• Waiting for an auctioneer to call "on the market" is an outdated strategy that often backfires
• The biggest mistake buyers make is not having a clear strategy before attending auction
• Showing up looking professional and confident can influence other bidders' perception
• Emotional bidding beyond budget limits is common and can lead to buyer's remorse
• During COVID, online auctions saw surprisingly high registration numbers and some unusual bidding behaviour

If you're looking to buy at auction or want to improve your auction strategy, you can find Emma online at menkwhite.com.au or on Instagram as Emma Brown Garrett.

Connect with Emma Brown-Garrett:

• LinkedIn https://www.linkedin.com/in/menckwhite
• Instagram https://www.instagram.com/emma_brown_garrett
• Website https://www.menckwhite.com.au/

The Property Calculator Australia App is the must have app for anyone buying property in Australia. PCAU helps you calculate Stamp Duty, Loan Repayments, and upfront costs in seconds.
No Ads, No Guesswork - Just clean, powerful property math.

Download Property Calculator Australia now on the App Store or Google Play... And Start Crunching those numbers like a pro!

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Jordan from Trinity Legal and Migration uncovers the hidden legal complexities in property contracts that can trap unwary buyers and cost them thousands.

• Special conditions in contracts often favor vendors with higher default interest rates and early deposit releases
• The 66W certificate in NSW removes cooling-off periods and protective clauses, creating significant risk for buyers
• Sunset clauses in off-the-plan purchases can be weaponized by developers to terminate contracts when property values increase
• Settlement periods carry different risks – too short creates financing pressure, too long exposes buyers to changing market conditions
• Trust and SMSF purchases involve complex structures requiring specialized legal knowledge
• Co-ownership arrangements need careful consideration as disputes commonly arise when one party wants to sell before the other
• Property deal collapses can sometimes be salvaged through price negotiations rather than termination
• Different ownership percentages between spouses can have significant tax implications
• Having responsive, proactive legal representation is essential as successful transactions often involve extensive behind-the-scenes work

Contact Jordan at jordan@trinitylegalmigration.com.au or visit trinitylegalmigration.com.au for help reviewing your property contracts.

The Property Calculator Australia App is the must have app for anyone buying property in Australia. PCAU helps you calculate Stamp Duty, Loan Repayments, and upfront costs in seconds.
No Ads, No Guesswork - Just clean, powerful property math.

Download Property Calculator Australia now on the App Store or Google Play... And Start Crunching those numbers like a pro!

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Saimon Sami from Trinity Legal and Migration shares essential legal insights for property buyers, emphasizing that solicitors act as "personal bodyguards" through the property purchase journey.

• Solicitors provide comprehensive legal protection compared to conveyancers, who focus only on transfers
• Contract review is crucial for identifying risks like easements, covenants, and special conditions that could impact your purchase
• Every state has different legal requirements - cooling-off periods range from none in WA to five days in NSW
• Settlement processes have modernized from chaotic in-person check exchanges to streamlined 45-minute digital transfers on PEXA
• Building and pest clauses, finance conditions, and settlement dates are three critical contract elements buyers should carefully review
• Stamp duty and land tax regulations vary significantly between states, with Victoria currently having the highest rates
• Working with a coordinated team of professionals (solicitor, buyer's agent, mortgage broker) creates a smoother purchasing experience

We've turned on Fan Mail! Send us your questions, feedback, or comments through the link in our show notes - we'd love to hear from you and possibly address your questions in future episodes.

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Edit - Land Tax Threshold in Victoria

As of the 2024–2025 financial year, the land tax threshold in Victoria (VIC) is:

✅ Land Tax Threshold (VIC – 2024–25):
Type Threshold General landowners | $50,000
Trusts (special trust rates) | $25,000

The Property Calculator Australia App is the must have app for anyone buying property in Australia. PCAU helps you calculate Stamp Duty, Loan Repayments, and upfront costs in seconds.
No Ads, No Guesswork - Just clean, powerful property math.

Download Property Calculator Australia now on the App Store or Google Play... And Start Crunching those numbers like a pro!