Auction Method Homes: Bidding process on Florida Auction Method Sales

No pre-qualification is necessary to bid.

All bidders are welcome!

1. There is NO fee to register to bid.

2. If you wish to be included in the bidding process, please provide the Bid Sheet from the bidding package by the end of the last open house or make your bid online or by e-mail on or before each end of the day as noted.

3. This is not an absolute auction. By placing a bid you are simply making an offer to purchase on your next Florida Home. The seller are not obligated to accept any offer whatsoever. All bids are simply an offer to purchase.

4. Real Estate Commissions:
A full price offer does not constitute a commission being due. The price listed is simply a required minimum bid price ans starting Bid ONLY. A real estate commission will only be paid when you have signed up with a real estate brokerage at the time of registration and once an offer has been accepted and a successful closing has transpired.

5. With exception of the bidding process, all of the other steps are similar to any other real estate transaction.

We will conduct several bidding rounds(Robin Round) in this manner.

A. Each time you receive a call you have three options:

a. Raise the high bid
b. Keep your bid the same price
c. Retire from bidding

B. We will offer the home to the highest or best bidder at his or her highest or best bid price. No bid is binding on the buyer or seller until a contract is executed.

C. If the highest bidder does not purchase the home or meet the conditions of the terms of sale, the home will be offered to the next highest bidder at the previous high bid price.

This auction method is a special marketing plan to bring Florida home buyer and seller together more quickly, in a condensed, mutually beneficial, selling period of time.

There is no risk !

We make the process rewarding and stress-free!

Get your bidding package in your inbox and be ready if you need to.

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Article by ATB

Annett T. Block personal and world wide real estate experience makes us the most valuable recourse for home buyers and property sellers in the Florida market. Using extensive real estate knowledge and strategies, speaking multiple languages and established relations in the global market, as well our “out of the box” thinking Annett is responsible for exceptional real estate transactions.
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