by Myers Jackson | Sep 10, 2022 | Terms
JUMP BID It is a bidding strategy by which a bidder increases the bid by more than the next accepted bid (such as placing your bid at $150 when the next accepted bid is $125). This practice is used by some bidders to discourage others from bidding in hopes of...
by Myers Jackson | Sep 10, 2022 | Terms
Auction Plan The plan for pre-auction, auction-day and post-auction activities. Real estate words and definition CLICK THIS BUTTON For other words and definitions related to real estate auctions CLICK THIS BUTTON For all active auctions, and properties for sale...
by Myers Jackson | Sep 10, 2022 | Terms
Auction Marketing The method of marketing assets utilizing the auction method of sale. Real estate words and definition CLICK THIS BUTTON For other words and definitions related to real estate auctions CLICK THIS BUTTON For all active auctions, and properties...
by Myers Jackson | Sep 10, 2022 | Terms
Auction Marketer An individual who contracts with sellers for the auction method of marketing property. In the case of real property, the individual may not actually conduct the sale but is directly responsible for all aspects of marketing the property. Real...
by Myers Jackson | Sep 10, 2022 | Terms
Auction Listing Agreement A contract executed by the auctioneer and the seller which authorizes the auctioneer to conduct the auction and sets out the terms of the agreement and the rights and responsibilities of each party. Real estate words and definition...
