What To Expect On Property Bidding Day

Now you are ready to attend the auction, but what should you do that day?

KNOWING AUCTION VENUE

Before going to the venue, there are several things that you need to take note:

  • Location
  • Date and time of the auction
  • Ensure electronics devices is allowed, such as laptop, tablet, and smartphone

CHECK PROPERTY STATUS
Before leaving to the auction, check again the status of the property, whether is scheduled for auction, cancelled, or postponed. Some auction is cancelled or postponed at last minute because the owner found new buyer before the auction start.

BE AT VENUE EARLY TO REGISTER
Once the auction schedule is confirm, make yourself arrive there 30 minutes before the auction begins. Register yourself register at the counter and make sure you bring your personal identification for verification purpose. Bring the registration proof along if the auction required pre-register.

BRING YOUR PAYMENT
Some auction required you to settle the full payment after the session. Check the requirement and the guidelines provided. You may allocate 5% to 10% of your budget to avoid missing great property.

Source: Auction.com

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