by Myers Jackson | Sep 10, 2022 | Terms
Minimum Bid Auction An auction in which the auctioneer will accept bids at or above a disclosed price. The minimum price is always stated in the brochure and advertisements and is announced at the auctions. For all active auctions, and properties for sale CLICK...
by Myers Jackson | Sep 10, 2022 | Terms
Commission The fee charged to the seller by the auctioneer for providing services, usually a percentage of the gross selling price of the property established by contract (the listing agreement) prior to the auction. Commissions for a sales person, a real estate...
by Myers Jackson | Sep 10, 2022 | Terms
Collusion The unlawful practice whereby two or more people agree not to bid against one another so as to deflate value or when the auctioneer accepts a fictitious bid on behalf of the seller so as to manipulate or inflate the price of the property.  Collusion,...
by Myers Jackson | Sep 10, 2022 | Terms
Clerk An individual employed by the principal auctioneer or auction firm to record what is sold and to whom and for what price. For all active auctions, and properties for sale CLICK THIS BUTTON Contact Get InTouch Email: 411@myersjackson.com Phone:...
by Myers Jackson | Sep 10, 2022 | Terms
Public service announcement Auctioneers make cash happen for the seller from the buyer This combination works well together Contact Get InTouch Email: 411@myersjackson.com Phone: +1-844-400-2828 Phone +1-469-460-4848 Text Address: Myers Jackson P.O. Box 2014,...
