Q. What must I bring
to the auction?
Valid photo I.D.
$2500 cash or cashier’s check (made payable to
yourself) for each property you plan
to bid on
Cash or personal check to complete the balance of the
5% Earnest Money Deposit
financing documents and the last 2
yrs of tax returns and W-2’s
Q. Can I register on
the day of the auction?
Yes, however to expedite your check in we recommend
that you register to attend specific
auctions 72 hours before the day of
Q. Can I attend the
auction without being a registered
Yes, however if we exceed the room’s capacity we must
give priority to registered bidders
Q. Do all properties
have a reserve price?
Many of the properties have a reserve price. Any
properties without a reserve price
will be specifically noted and
mentioned to be auctioned “absolute”
Q. Can I bid without
registering for the auction?
No. Onsite registration will be available for a
limited time once the auction has
Q. How long will the
Depending on the number of bids coming in on each
property, our auctioneers average
20-30 properties per hour.
Q. Can I bid for
someone not present at the auction?
Yes. You must have an original Power Of Attorney with
you at the auction. If you are
bidding online on behalf of your
client, you must return a Power Of
Attorney with the contract.
Q. Can I purchase
more than one property in the same
Yes, however you must check in as a multi-property
bidder. You will need to show $2500
cash or cashier’s checks for each of
the properties that you plan to bid
on. Be prepared to pay cash or write
a personal check for the 5% Earnest
Money Deposit for each of the
property that you are the winning
bidder for. You must also agree to
be pre-qualified by a designated
lender or show proof of your ability
to purchase the properties for cash.
Any proof must be dated within 15
days of the event.
Q. Can I bring my
realtor with me to the auction?
Yes, but it is not required
Q. How do I bid in
Raise your bidder card high above your head.
Professional bid callers will
identify you as the high bidder once
the bidding slows down.
Q. What happens if
I’m the winning bidder?
You will be approached to sign the Winning Bidder
Card, then escorted to a processing
station commence your purchase.
Q. What is the
The Buyer’s Premium is a service fee, used by most
auction companies, to help cover the
cost of marketing and performing the
auction without the upfront cost to
the seller. Check the specific terms
and conditions for the auction you
are attending to determine the
Buyer’s Premium. The Buyer’s Premium
is added to the Winning Bid to
determine the Total Purchase Price.
Q. What is the Total
The Total Purchase Price is the sum of the Winning
Bid and Buyer’s Premium. This is the
final price you will owe if you are the
Q. Can I cancel my
bid after being declared the winning
No. Once you have been declared the winning bidder,
you have agreed to purchase the
property. Please review the terms
and conditions for the specific
auction for more information.
Q. Can I assign my
bid to another buyer?
No. If you are the winning bidder, you are required
to complete the purchase.
Q. Will my
information be disclosed to the
public after the auction?
No. We are prohibited from disclosure during escrow.
Once escrow closes, your information
becomes available at the County