View - Bid - Buy Online Over 5 Weeks

How It Works

Bids can be Cash

or
Conditional to Finance approval

or
Conditional to the sale of your property

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 accept a bid unless the reserve price has been reached.

The Property Owner reserves the right not to enter into a contract of sale that includes buyer conditions. 
 

Unique Features

Bidding in Real Time 24/7
Bids can be made from anywhere at anytime over the 5 week period and are displayed
on the screen immediately. There is a 'Bid History' for all properties.

Genuine Bids
Bidders must place a fully refundable bidding deposit of $25. The property owner is
allowed the opening bid. Thereafter the owner is locked out. Each bid must exceed any
earlier bid by the minimum increment stated, eg. $1000

Integrity Ratings
Each property is awarded a maximum of 5 stars, which indicates to buyers how much
information is provided for the particular property. Displaying details such as a valuation
or a termite inspection report will increase the star 'Integrity Rating'.

Notification Emails
All bidders and real estate agents receive notification emails when a bid is placed.

Auto-Extend Feature
Any bid placed within 15 minutes of auction close automatically extends the auction
to end within 15 minutes. For example, if a bid is place 3 minutes before auction close, it will extend the auction by 12 minutes.

 

"It is my aim to provide for real estate agents, who believe in openness and transparency, a forum that enables and actually encourages proper disclosure. Utilising new technology we have created a user-friendly online auction system to take Australian real estate into the 21st century."

Tony Wiles, CEO, Geewizauctions.com Pty Ltd