by Myers Jackson | Jan 7, 2025 | Auction News
Can I offer less than what I see has been offered? Buyers’ choice to bid what they prefer is viable and may be entertained. Present the auctioneer with the bid and see what happens. For Other Questions About Auctions & Auctioneers CLICK THIS LINK...
by Myers Jackson | Jan 7, 2025 | Auction News
Is there something wrong with the property? Having a property sold at auction is not necessary a desperation move. Would the MONA LISA sell from desperation… well NO. So, think about why real estate would he sold by an auctioneer. The simple answer is the seller...
by Myers Jackson | Jan 7, 2025 | Auction News
How much should I offer for the property? The amount offered is a decision for the buyer. The buyer may gain assistance from an appraiser, real estate agent, retain a broker price opinion or consider valuation models to help determine the price the buyer would pay....
by Myers Jackson | Jan 7, 2025 | Auction News
Can I inspect the property? The Uniform Commercial Code provides for reasonable inspection. In most cases the auctioneer will open the property in advance for such inspection. Inspection periods may take places with a scheduled appointment by contractors, licensed...
by Myers Jackson | Jan 7, 2025 | Auction News
What is Match The BID? When the seller observes the bidding process, at t any point the seller may accept the bid as presented. If the bid is less than the reserve, the seller, upon such observation the seller may order the auctioneer to reduce the reserve and match...