The Sellers Reserve auction process is built around clarity. Here's exactly what happens, from the first open home to the fall of the hammer.
“All the information you need, ready to go from day one.”
This is your window to complete every investigation before auction day. Take it seriously — once you bid, your due diligence is presumed complete.
“Get in early and pick your lucky number.”
Approved bidders receive a Bidder Number. Agents bidding on behalf of a client must submit Authority to Bid on Behalf of Another Person before bidding opens.
“Serious sellers, looking for serious buyers.”
Auction purchases are non-contingent. That's why sellers love it — cleaner contracts, fewer fall-throughs, a predictable timeline. Bring your due diligence to the room.
“Try not to be nervous.”
The room is built to be competitive, transparent, and a little electric. You always know where you stand and what it will take to stay in the game.
“On the market.”
Reserve protects the seller. Once it falls, the auction becomes a true market — the highest bid wins.
“YAY!”
From the fall of the hammer the transaction is binding. The paperwork that follows formalizes what the auction already decided.
