If a property reaches its advertised reserve price... doesn't it have to sell?

Surprisingly, no.

In this week's FUNdamental Friday, Shane Pope is joined by veteran auctioneer Glen Coutinho to unpack Victoria's recent auction rule changes and explain why they may be creating more confusion rather than clarity.

They discuss:

✅ What happens when a reserve price is published
✅ Whether a vendor is actually required to sell
✅ Why buyers may be misunderstanding the new rules
✅ How auctions are changing in response to the legislation
✅ Why some properties may still sell below their advertised reserve
✅ The opportunities that confusion can create for prepared buyers

Because in today's market, not understanding the rules could mean missing the right property altogether.

🏡 Thinking About Buying A Home?

Check out PRE-Purchase, our free 10-part video series designed to help Australians navigate the buying journey with confidence.

From creating a property brief and researching suburbs through to negotiations, auctions and settlement, each episode tackles a key stage of the purchasing process.

🎥 Watch now:
https://thepropertycouch.com.au/prepurchase

⌛Timestamps
0:00 Has the new legislation made auctions harder?
0:24 Why Shane is frustrated
1:11 The reserve price question
1:16 Does a vendor have to sell?
1:53 Why the legislation creates confusion
2:14 Has the policy achieved its goal?
2:34 Alternative selling methods emerge
2:50 Why expressions of interest are increasing
3:14 Why buyers may miss opportunities
3:31 Shane's advice to buyers
4:01 The buyer's agent question
4:20 The key clue buyers miss
4:47 Why you should still attend auctions
5:04 Opportunity in a confusing market
5:23 Some of the best buying opportunities
5:58 PRE-Purchase success stories

LISTEN TO THE FIRST 20 EPISODES HERE >>

MOORR MONEY MANAGEMENT APP:
👉 Apple: https://apple.co/3ioICGW
👉 Google Play: https://bit.ly/3OT86bW
👉 Web platform: https://www.moorr.com.au/

FREE MASTERCLASS:
- How to Build a Property Portfolio and Retire on $2,000 a week >>

FREE BEST-SELLING BOOKS:
- The Armchair Guide to Property Investing
- Make Money Simple Again

FIND US HERE:
- Website
- Instagram
- Facebook
- Youtube