This is why our agents will always go the extra mile to support you throughout the process.
Remember, a property auction is a fast-paced, public sale. The property is sold to the buyer with the highest bid after the seller’s reserve price has been reached. Our team is here to help and there is also good supporting material available to assist if you are new to auctions.
The auctioneer will not reveal the reserve price. The reserve is set between the auctioneer and the seller prior to auction. When the reserve price has been reached the auctioneer will announce the property is now "on the market" which means the highest bidder will soon own the property.
Buyers should register their interest with the agent and ask to be informed if another buyer makes an offer before the auction date.
Auction bids are open so you know what everyone else is bidding. If you haven’t been to an auction before, it’s a good idea to attend one as a spectator so you can see how they work.
If you win an auction, you are committed to purchase the property. You will usually be required to pay the purchase deposit on the auction day.
At Total Realty we pride ourselves on being of service to you so, if you are buying or selling and are looking to work with people who care, please feel free to contact one of our team anytime by calling 03 940 9797 or emailing enquiries@totalrealty.co.nz
