EPISODE · May 20, 2026 · 3 MIN
Five auction day mistakes bidders make
from Buyers Agents & Buying Property · host Property Investor Podcast
We uncover the five most common missteps bidders make on auction day and explain how they can drain your budget and turn a potential win into a costly nightmare.From skipping due diligence steps and not understanding terms, deposits, and fees, to letting nerves push you into overbidding, forgetting to inspect properties, and failing to set a strict maximum bid, these mistakes can derail your purchase.
What this episode covers
We uncover the five most common missteps bidders make on auction day and explain how they can drain your budget and turn a potential win into a costly nightmare.From skipping due diligence steps and not understanding terms, deposits, and fees, to letting nerves push you into overbidding, forgetting to inspect properties, and failing to set a strict maximum bid, these mistakes can derail your purchase.
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Five auction day mistakes bidders make
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