Expert tips: Your guide to winning at auction this weekend

Super Saturday is the Super Bowl of real estate - high stakes, fast pace, and a surge of buyer competition and this weekend promises to be a big one, falling before Melbourne Cup weekend in Melbourne and at the apex of Spring Selling season.

For sellers, it's an unmatched opportunity to capture market momentum and secure a premium result, says Jesse Matthews of Jellis Craig Stonnington.

"The sellers who succeed are the ones who align with top-tier agents, showcase their property effectively, and stay flexible around open homes," Matthews says.

"Super Saturdays bring motivated buyers to the table and it's all about capitalising on that."

Preparation is everything

Matthews adds that preparation is key. For sellers, that means ensuring the home is presentation-ready and aligning with an experienced agent who knows how to attract the right bidders.

For buyers, it's about doing your homework early - and having your finances, strategy, and emotions in check before auction day.

How to set yourself up for success

Place Estate Agents' Chief Auctioneer, Peter Burgin, who has overseen more than 15,000 auctions in his 20-plus-year career, says confidence and preparation are the secret weapons for buyers.

"The first step is always to get pre-approved. You want your finances in order before you even start the property search - it puts you in a position to make strong, competitive offers," Burgin explains.

"Always request a copy of the contract from the agent and take the time to review it thoroughly. Understanding the terms inside and out is essential before auction day."

"Do your homework. Research comparable sales and the property's value so you go in with a clear idea of its realistic price range."

"Set your boundaries early. Know what your ideal buying price is and, just as importantly, your absolute maximum. That way, you can bid confidently without getting caught up in the heat of the moment."

Strategy on the day

For buyers planning to raise their paddle this weekend, John Limperis of Williams Real Estate Newport offers a clear, tactical approach.

"Go in strong, go in early and set the pace," Limperis advises.

"It's all about controlling the momentum and you're in the driving seat if you go in to bid with your end number in mind and a clear goal in how you aim to get there."

"It's an emotional transaction, but as hard as it seems, you've got to try to leave your emotions behind when you're bidding."

In other words, composure is key. Auctions are designed to build tension and drive up prices - and those who keep their cool are the ones who make smart, strategic plays.

Whether you're a first-time buyer or a seasoned seller, preparation, research, and composure remain the keys to success on auction day - and to walking away a winner when the hammer falls.