by Myers Jackson | Sep 10, 2022 | Terms
Dual Agency The representation of opposing principals (buyers and seller) at the same time. 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...
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. Real estate words and definition CLICK THIS BUTTON For...
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. Real estate words and definition CLICK THIS BUTTON For other words and definitions related to real estate auctions CLICK THIS BUTTON...
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,...
by Myers Jackson | Sep 10, 2022 | Terms
On-site Auction An Auction Conducted On The Premises Of The Property Being Sold. The on site, Auction is normally combined today with Internet, bidding, phone bidding, and may have absentee bids that have been written and submitted before the auction. All of these...
