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On-Site Auction Procedure
1
Request a bidders information pack about the property
2
Property may be viewed by appointment
3
Download sales agreement or request one from broker
4
Auction day
5
Viewing 1 our prior to the auction & registration
6
Obtain a bidder's paddle
7
Auction time
8
Highest bidder completes the sales agreement immediately after the auction
9
A 15% payment must be paid into the trust account prior to leaving the auction
10
The sale is subject to confirmation by the seller within 3 business days
11
Purchaser must provide guarantees for the outstanding balance to the attorney within 21 business days
12
Property is sold and new owner can occupy the property
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