by Myers Jackson | Jan 6, 2025 | Auction News
Can the agent bid for me? Only under strict authorization with power of attorney give permission for an agent to bid for a buyer. If the agent bids outside of these bound the agent is responsible for the actions taken to bid on the property and must fulfill the...
by Myers Jackson | Jan 6, 2025 | Auction News
Can I stop other people from bidding? No such interface is prohibited. The Department of Justice pursues criminal actions for this behavior that includes bid suppression, bid rigging, payoffs, conspiracy, or any conspiracy to interfere with any portion of the...
by Myers Jackson | Jan 6, 2025 | Auction News
Does a real estate agent get paid a commission or BAC? In most cases, yes. A Real Estate Broker or the Brokers Agent must announce the buyer in advance. In most cases there are forms or a certain procedure that is required. Procuring cause must be proved to receive...
by Myers Jackson | Jan 6, 2025 | Auction News
What is a Buyer Premium Concession? This means a discount will be taken in account and announced by the Auctioneer. The announcement may be made prior to the initiation of the bidding. The Terms and Conditions may change with the Auctioneers Announcement. ...
by Myers Jackson | Jan 6, 2025 | Auction News
How do I access the reserve? By initiating a bid online, a notification will be sent to the bidder. In other portions of the sale the auctioneer may make verbal announcements to indicate if the reserve has been met. Otherwise, the reserve is a confidential number...
