Brenton Ward Real Estate 

ABN 57 501 064 871 
Phone +61 412 348 212 
Fax 61 08 8333 3069
Registered Agents, Auctioneers, Property Managers, Trainers. RLA 122299
PO Box 3150 Norwood 5067

Email brenton@brentonward.com.au

No Obligation Free Appraisal - Find Out Your Property $$$

Information for buyers and sellers
Form R1
Form R2
Form R3
Form R4
Form R5
Form R6
Form R7

DISCLAIMERS & LEGAL MATTERS 
Copyright 1998-2008

"Sharing success" 

 

HOW TO BUY AT AUCTION:

TO BE A SUCCESSFUL BUYER AT AN AUCTION THE FOLLOWING PROCESS SHOULD BE CARRIED OUT.

  1. Before auction, check the contract details and settlement date with the agent. Organise your finance, if you intend to obtain a loan from a bank, credit union or other lender contact them as soon as possible. With adequate notice most lenders will approve your finance prior to the auction. Determine the price that you are going to pay. Check the time and date of the sale so that you do not arrive too late to bid.
  1. When bidding:
    Position yourself where the auctioneer can see you.
    You may nominate the amount of the bid by calling out.
    You may bid by rising your hand or nodding to catch the auctioneers attention.
    Stay alert to ensure you know when to bid.
  1. If you are the successful bidder for the property you are required to sign the contract and pay a deposit of 10% of the purchase price (your personal cheque is acceptable).
  1. It is important that you finish as the highest bidder as you will either win the property by the fall of the hammer, or if the bidding does not reach the reserve and is passed in you will be told the reserve price and be given an opportunity to negotiate with the vendor immediately following the auction.

Your auctioneer will be happy to answer any question prior to the auction day or on site prior to the auction.

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