First Home Unlocked
First Home Unlocked
Podcast Description
Buying your first home is a huge milestone, but it can also feel overwhelming, confusing, and full of pressure.
First Home Unlocked is here to change that, and to help you reach your first home with clarity and confidence.
Hosted by Jack Elliott, National First Home Buyer Specialist at Alcove, and Chris Bates, one of Australia’s top-ranked mortgage brokers, this podcast simplifies the home buying journey and empowers you with the keys to unlock your first home.
Each episode is practical, clear, and designed specifically for first home buyers. From understanding the buying process to choosing a property that fits your long-term vision, Jack and Chris will guide you through every step with real conversations and expert support.
You’re not in this alone. Hit subscribe and let’s unlock your first home together.
Podcast Insights
Content Themes
The podcast focuses on key aspects of the home buying process, including strategic timing for engaging with brokers, setting personal property visions, and understanding loan strategies. Episodes delve into topics such as why it's crucial to discuss your needs early with a broker, the importance of establishing a long-term vision for property ownership, and overcoming the confusion of first-time buying with practical advice.
Buying your first home is a huge milestone, but it can also feel overwhelming, confusing, and full of pressure.
First Home Unlocked is here to change that, and to help you reach your first home with clarity and confidence.
Hosted by Jack Elliott, National First Home Buyer Specialist at Alcove, and Chris Bates, one of Australia’s top-ranked mortgage brokers, this podcast simplifies the home buying journey and empowers you with the keys to unlock your first home.
Each episode is practical, clear, and designed specifically for first home buyers. From understanding the buying process to choosing a property that fits your long-term vision, Jack and Chris will guide you through every step with real conversations and expert support.
You’re not in this alone. Hit subscribe and let’s unlock your first home together.
Buying at auction works differently to a private sale. Once the hammer falls and you’re the highest bidder, the property is yours: there’s no cooling off period, and you can’t pull out if your finance doesn’t come through. You’re also bidding in public against agents and auctioneers who’ve done this hundreds of times, so it’s no wonder so many first home buyers find auctions daunting, or avoid them altogether.
Mortgage broker Jack Elliott brings buyers agents Veronica Morgan and Meighan Wells back for the final part of the Buyers Agent Series, and their message is simple: auction is just another way to buy, and good preparation keeps you in control. They explain why your finance and property checks need to be sorted before auction day, not after, and the terms you can ask the seller to change beforehand. Then they walk you through the day itself, including how to decide the most you’re willing to pay before the bidding starts.
If auctions are common where you’re buying, or the home you love is heading to one, this episode will help you walk in prepared and bid with confidence.
In this episode:
🔑 How buying at auction differs from a private sale, and why the rules change from state to state
🔑 Why pre-approval alone isn’t enough, and why your broker should check the property before you bid
🔑 Why an agent might ask for an offer before the auction, and what to find out before you make one
🔑 The checks to finish before auction day, and the changes you can ask for, like a 5% deposit instead of 10%
🔑 How to bid with confidence on the day, and why waiting too long to bid can cost you the property
Timestamps
00:00 – How to Buy a House at Auction in Australia
03:07 – Auction vs Private Sale: No Cooling Off Period
05:46 – Why Sellers Choose Auction in Sydney and Melbourne
09:16 – Do You Need Pre-Approval to Bid at Auction?
11:35 – Should You Make a Pre-Auction Offer?
16:50 – Due Diligence Before Auction: What to Check
22:00 – Can You Pay a 5% Deposit at Auction?
24:02 – What Happens on Auction Day
28:30 – How to Bid at Auction: Bidding Strategies
30:43 – What Happens When a Property Passes In?
32:41 – First Auction Tips: Watch Before You Bid
35:48 – Common Auction Mistakes First Home Buyers Make
40:25 – Final Tips and the First Home Buyer Course
Ready to start your own first home journey?Book a Get to Know You Chat with Jack, mortgage broker and National First Home Buyer Specialist.
More about Home Buyer Academy
Get 50% off the course and access to the weekly Campfire sessions when you work with Jack as your mortgage broker:start here
How to Price Property Like a Professional
Your First Home Buyer Guide Podcast
Connect with Veronica
Auction Ready by Veronica Morgan
Good Deeds Property Buyers Website
Connect with Meighan
Find Out More About Alcove’s Trusted Buyers Agents
Alcove Trusted Buyers Agent Map
Mentioned Episodes
Episode 41: Unlocking Buyers Agents: What First Home Buyers Need to Know
Episode 42: How to Choose a Quality First Home: A Buyers Agent’s Checklist
Episode 44: Price Guides, Off Market and Agents: How to Search for Your First Home
Episode 45: Inspections and Due Diligence: What to Check Before You Buy Your First Home
Episode 46: How to Make an Offer and Negotiate with Agents: A First Home Buyer’s Guide
Want to keep the conversation going?
👉 Join the First Home Unlocked Facebook Community
📅 Book a chat with Jack for tailored support
📱Follow Us on social media: Instagram,TikTok,Youtube
Disclaimer
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