View - Buy - or Bid Online
EARLY BIRD OFFERS
Properties are advertised and marketed for sale by online auction generally over 35 days.
During the first 30 days buyers can make an offer to the agent in the traditional way and these offers to purchase are presented to the seller for a quick response.
If the seller accepts the offer then the property is considered sold and there will not be any bidding.
If an offer has not been accepted prior to the published auction start time then all bids must be made online.
Check the start and finish times. They are published next to the property
BIDDING ONLINE
Anybody can Bid whether it's Cash;
Conditional on finance approval; or
Conditional on the sale of your property
All bids can be seen by the public just as it is with a traditional auction.
All bidders can read, download or print off all documents related to the property. If you would like to have your legal advisor look over them for you, there’s plenty of time.
Before you make a bid you can visit the property as you normally would.
When bidding you are only required to enter the $ amount of your bid
Your bid will be shown on the property page along with your chosen screen name
If you are the winning bidder the agent that listed the property for sale will be in touch with you to attend to all the paperwork.
Geewiz, what could be easier than that.
Unique Features
| Early Bird Offers |
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Buyers can make an Offer to buy in the normal way, but only before the online auction starts. Check the start and finish times. We call these Early Bird Offers. When the auction starts all bids go online |
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| Bidding in Real Time 24/7 |
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Bids can be made from anywhere at anytime during the bidding period and are displayed on the screen immediately.
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| Genuine Bids |
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To prevent fraudulent bids a Bidder must place a fully refundable $50 deposit to bid.
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| Integrity Ratings |
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Each property is awarded a maximum of 5 stars. The number of stars awarded depends on the disclosures the sellers makes available to bidders.
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| Notification Emails |
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All bidders are kept up to date with the bidding action. They receive notification emails each time a new bid is placed.
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| Auto-Extend Feature |
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Any bid placed within 15 minutes of auction close automatically extends the auction to end in 15 minutes. For example, if a bid is placed 3 minutes before auction close, it will extend the auction by a further 12 minutes.
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| NB:The Property Owner reserves the right not to accept a bid unless the reserve price has been reached. The Property Owner reserves the right to accept any bid or offer to purchase at any time if the bid has been displayed live on the website for 24 hours. The Property Owner reserves the right not to enter into a contract of sale that includes buyer conditions. |