This is a great idea for a lead generation campaign on social media, email, SMS, blog or letter box drop. For a social media ad, simply copy & paste and put into a PDF that can either be downloaded through Facebook, or once someone has submitted their details, you can email it through to them.
Research the property: Before the auction day, first home buyers should research the property they are interested in. This will help them to have a better understanding of the property's condition, history, location, and its estimated value.
Get pre-approved for a loan: Before the auction, buyers should obtain pre-approval from a lender. This will give them an idea of how much they can afford to bid for the property.
Attend open inspections: First home buyers should attend open inspections to get a feel for the property and inspect it for any potential issues.
Hire a building inspector: Before the auction, buyers should hire a building inspector to conduct a thorough inspection of the property and provide a report on its condition.
Set a budget: Buyers should set a budget for the auction and stick to it. They should avoid bidding more than they can afford or beyond their budget.
Know the auction rules: Before the auction, buyers should understand the rules and regulations of the auction, such as the bidding process, deposit requirements, and the auction terms and conditions.
Attend other auctions: Attending other auctions will give first home buyers a better idea of the bidding process, how to read the crowd, and what kind of competition they may face.
Plan a bidding strategy: First home buyers should plan a bidding strategy, such as bidding early or waiting until the end. They should also have a backup plan in case they are outbid.
Arrange for funding: Buyers should arrange for funding, such as a loan or cash, to cover the deposit and purchase price of the property.
Get professional advice: First home buyers should seek professional advice from a real estate agent, financial advisor, or a solicitor to ensure they understand the auction process and make informed decisions.