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ON-SITE

Auction procedure

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Request a bidders information pack about the property

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Property may be viewed by appointment, discuss this with the broker.

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Download the sales agreement or request one from the auction broker

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Auction day

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Viewing 1 hour prior to the auction & registration

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Obtain a bidder's paddle

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Auction time

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Highest bidder completes the sales agreement immediately after the auction

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A 15% payment must be paid into the trust account prior to leaving the auction

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The sale is subject to confirmation by the seller within 3 business days

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Purchaser must provide guarantees for the outstanding balance to the attorney within 21 business days

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Property is sold and the new owner can occupy the property after registration.