
Episode #46
46 - How to Make an Offer and Negotiate with Agents: A First Home Buyer's Guide
Making an offer is where a lot of first home buyers get stuck. How do you make an offer? How much do you offer? What do you say to the agent? Nobody explains the process, and once you're in it, things move quickly and the pressure builds. In this episode, Jack sits down with buyers agents Veronica Morgan and Meighan Wells to walk through the offer process for a private sale, from preparation through to negotiation. They cover what to have sorted first, including why your conveyancer needs to see the contract before you offer rather than after, and when an offer actually becomes binding, because it's not the moment the agent says yes. Veronica and Meighan also break down everything an offer contains beyond the price, from the deposit and settlement terms to inclusions, and how a lower offer with the right terms can beat a higher one. And they get into how agents run a negotiation, the questions to ask along the way, and what to say when you're asked whether you can go higher. Whether you're making an offer this weekend, still working out what you can afford, or somewhere in between, understanding the process is what helps you make confident decisions when you start offering and negotiating. In this episode: What to have organised before you make an offer The questions to ask an agent about their offer process When an offer actually becomes binding, and why it changes state to state What makes up an offer beyond the price When an unconditional offer makes sense, and the finance risks to check with your broker What to say when an agent asks if you can go higher Timestamps 00:00 - How to Make an Offer in a Private Sale 02:42 - What to Organise Before You Make an Offer 06:54 - How to Choose a Conveyancer or Solicitor 11:50 - What to Ask a Real Estate Agent Before Offering 15:55 - When Does an Offer Become Binding? 22:10 - How Much Deposit Do You Need to Pay? 25:05 - Unconditional Offers and the Finance Risks 30:07 - What's Included When You Buy a Property? 34:38 - Real Estate Agent Tactics and How to Respond 37:24 - How to Talk to an Agent During a Negotiation 41:15 - How to Work Out What a Property Is Worth 42:45 - Why an Offer Is Never Just a Number 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 Home Buyer Academy First Home Buyer Course Your First Home Buyer Guide Podcast First Home Unlocked listeners get 50% off the First Home Buyer Course and access to the weekly Campfire sessions when they work with Jack as their mortgage broker. Connect with Veronica Good Deeds Property Buyers Veronica's LinkedIn Connect with Meighan Property Pursuit Meighan's LinkedIn Mentioned Episodes Episode 45: Inspections and Due Diligence: What to Check Before You Buy Your First Home 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 firsthomeunlocked.com.au

