by Myers Jackson | Sep 10, 2022 | Terms
Multi-Seller Auction Properties owned by multiple sellers, offered through a common promotional campaign and auctioned in a single event. 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
Multi-Property Auction A group of properties offered through a common promotional campaign. The properties to be auctioned may be owned by one seller or multiple sellers. For all active auctions, and properties for sale CLICK THIS BUTTON Contact Get InTouch...
by Myers Jackson | Sep 10, 2022 | Terms
Dual Agency The representation of opposing principals (buyers and seller) at the same time. For all active auctions, and properties for sale CLICK THIS BUTTON Contact Get InTouch Email: 411@myersjackson.com Phone: +1-844-400-2828 Phone +1-469-460-4848 Text...
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,...