What Should You Know Before Making an Offer? Our Q&A Covers It All!

Making an offer on a home is a big step, and getting it right can mean the difference between securing the property or missing out—or worse, overpaying! In this episode, we’re answering your questions about making offers, interpreting price guides (or the lack thereof), and the biggest mistakes buyers make when relying on an agent’s price range.

💡 Should you always offer above the guide price?

💡 How can you tell if a property is overpriced or underpriced?

💡 What’s the best way to make an offer that actually gets considered?

We’re unpacking it all, with real-world tips to help you make smarter decisions and avoid costly missteps. If you’re getting ready to make an offer, or just want to understand the process better, this one’s for you—grab your headphones and let's get stuck into it!

Episode Highlights:

00:00 - Introduction

02:14 - Should you offer more than the agent’s price guide? If so, how much more?

08:49 - Can you make an offer below the price guide if a similar property sold for less?

14:54 - Are prices advertised on property websites usually higher than the seller’s expectations?

18:53 - How long should you wait before following up with an agent after making an offer?

Resources:

• FREE MINI COURSE: How to price property like a professional https://www.homebuyeracademy.com.au/freecourse
• Meet our recommended mortgage brokers at Home Buyer Academy https://homebuyeracademy.com.au/brokers
• Visit our website https://www.homebuyeracademy.com.au/
• Join our Facebook Group to get access to free monthly live Q&A sessions
• https://www.facebook.com/groups/yourfirsthomebuyerguideaustralia
• Learn how to buy property without making a mistake with our ultimate 10-step online course for first time home buyers https://homebuyeracademy.com.au/YFHBG
• If you have any questions or would like to be featured on our show, contact us at: Your First Home Buyer Guide Podcast [e-mail]
• Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Brisbane Buyers Agent? https://www.propertypursuit.com.au/
• Work with Meighan: https://www.linkedin.com/in/meighanwells/

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

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