Bidder's Tips

     Home ] Analyst Auctioneer ] FAQ Auctions ] Tag Sales Auctions ] [ Bidder's Tips ]

 

 


Auction Bidder's Tips
It is important to physically inspect the property or inventory that you are interested in before the auction event; make sure that you have the cash needed - most are cash and carry.

If you will need financing you must make arrangements before auction day because auction day purchases are not contingent upon the bidder obtaining financing.

Read the Terms and Conditions and familiarize yourself with them.

 

What to expect on Auction Day. Try to arrive at least 30 minutes early for an important pre-auction seminar for first time auction bidders.

The entire auction process will be explained and demonstrated before the auction begins.

All items or property are sold "subject to the SELLERS confirmation" unless noted otherwise by the bid package, Terms and Conditions and by the Auctioneer can be changed at anytime up-to the time of the bid calling.

This means that the  SELLER has the right to accept or reject the high bid. SELLERS will be present or available on  phone and the answers will be immediate.

A BUYERS PREMIUM fee added to the bid price of each property that is sold on auction day. This fee becomes a part of the total contract price paid by the purchaser and is used to defray a portion of the costs involved in conducting the auction event.

If you are a successful bidder, you will be required to make payment as per the Auction Terms and Conditions; Service1-800-251-0746.
 
   Home ] Analyst Auctioneer ] FAQ Auctions ] Tag Sales Auctions ] [ Bidder's Tips ]   

    auctioneer@1gavel.com  38 Lincoln Terrace, 2nd Floor, Yonkers, NY 10701 - NJ  725 River Road, Suite 32-207, Edgewater, NJ 07020