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Part 09 of 12 · Consideration
Making the Purchase: Offers, Negotiation, Auctions and Due Diligence
Finding the right property is only half the job. This guide walks through the buying process from offer to tenant: private sales, auctions, conditions, cooling off and due diligence, state by state, plus how Eddie negotiates and the auction story he tells as a lesson in risk.
Inside this guide
- The purchase process from offer to tenant, and who does what on your team
- How private offers, counteroffers and the 2026 state cooling off rules work
- Why auctions are unconditional, and what to finish before auction day
- The COVID auction story, told step by step as a risk lesson
- How Eddie negotiates: the six D's, evidence, and knowing your limit
Tools in this guide
Offer Checklist, Agent Questions Checklist, a fill in offer template, and a Due diligence tracker from offer to settlement.
Your next step
Negotiating, bidding and coordinating due diligence are where experience counts most. Learn how Dilleen Property's buyer's agency works, then decide whether it suits you.
Up next
Part 10 · Recycling Your Capital
Read Part 10 →
Buyer's agency
Want someone in your corner at the negotiation?
See how our buyer's agents handle offers, auctions and due diligence.
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On your reading path: Your library
Purchasing, cooling off and auction rules differ between states and territories. Get advice from a solicitor or conveyancer before signing.
General information only. Not financial, credit, tax or legal advice. Historical examples are not a reliable indicator of future results. See the important information inside the guide.