Putting off asking for advice can mean making mistakes that can't be fixed, especially when it comes to buying property. Misreading the market or not understanding the rules can cause problems that stick around for a long time. Many of us wait until we've already made a decision, only to realise the consequences could have been avoided with timely guidance.
 

In this episode, we're flipping the script. Instead of waiting until it's too late, we dive into the importance of seeking advice at the right time, especially when it comes to buying your first home. We're here to explore why waiting until the eleventh hour to seek guidance often leads to irreversible mistakes and, ultimately, regrets.

Don't wait until it's too late to ask for help with property decisions. Tune in to this episode and learn how to seize the right opportunities and sidestep the wrong ones.

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Episode Highlights:
00:00 - Introduction
02:08 - Meighan's special house of the week
03:31 - Can I negotiate a longer settlement period after winning a property auction?
07:19 - What to do when a vendor doesn't respond to your offers
10:13 - Why was my offer, subject to building pest and inspection, passed over for a lower bid?
12:47 - Treat the agents and vendors with respect before it gets too late
17:16 - I signed a contract and paid a $1,000 deposit on the land, is it a good property?
20:08 - Can we call off the contract because of property flooding one week before settlement?
21:32 - Lawyer advises against contract terms, vendor won't amend. What to do?
23:22 - Can I still cancel the contract I already signed due to strata report findings?
26:08 - Can I retract an offer for an off-market property I now think is too expensive?
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
 

➼ 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/
 
➼ If you have any questions or would like to be featured on our show, contact us at: [email protected]
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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Learn how to buy your first home without making avoidable mistakes.
Find out more
  Co-Founders

Veronica Morgan & Meighan Wells 

Veronica & Meighan are both licensed real estate agents who exclusively help buyers. Together they have nearly 40 years experience as property professionals.

Veronica is principal of Sydney based Good Deeds Property Buyers and is also co-host of The Elephant in the Room property podcast as well as Location Location Location Australia on Foxtel and author of Auction Ready: how to buy property at auction even though you're scared s#!tless!

Meighan is the multi award winning principal of Brisbane based Property Pursuit, chairperson of the REIQ Buyers Agent Chapter & a regular media commentator.

Home Buyer Academy