• To participate in the auction and be eligible to bid, all interested bidders are required to register.
• Bidder registration forms and the terms and conditions relevant to a particular auction can be found online for every property at www.gezgroup.com when searching upcoming auction events.
• All buyers interested in bidding should familiarize themselves with the terms and conditions specific to each property and to inspect all applicable documents prior to bidding.
• Most auctions allow for either sealed bids or telephone bidding for those bidders unable to attend the auction.
• In order to bid all buyers need to be registered with Gez Group prior to commencement of the auction.
• At time of registration buyers will need to provide their contact details, a valid driver’s license and present a cashier’s check payable to and in the amount of that which is specified in the terms and conditions of that auction.
• Once registered bidders will be given an Gez Group bidder card with an assigned number. All bidders are required to be in possession of a bidder’s card in order to bid.
• Should bidders require a mortgage in order to make a purchase, these arrangements need to be made before auction day. Auctions are not contingent transactions and it is very important to note that any necessary financing or property inspection arrangements need to be conducted prior to bidding.
• After registering make your way to the bidding area.
• All necessary announcements will be made by the Auctioneer and/or Real Estate Broker prior to the commencement of the auction. All announcements made from the auction podium will take precedence over all printed material and the website.
• The auctioneer will call for an opening bid and the auction will begin. To place a bid, simply raise your bidder’s card in the air that it is clearly visible. Always make sure you communicate your bid to the Auctioneer or his Assistants.
• Bidding will continue until the highest bid is accepted and announced by the Auctioneer.
• Should you be declared the high bidder or successful bidder you will be required to complete the Successful Bidder Acknowledgement Form and the Real Estate Auction Sales and Purchase Agreement following the conclusion of the auction.
• A buyers premium may be added to the bid price of each property that is sold, this transaction fee forms a part of the total purchase price.
• Try and arrive early to the auction, this will allow you an opportunity to ask the Gez Group Auctioneers, Real Estate Brokers or Settlement Agent any relevant questions you may have.
• The entire auction process will be explained before the auction begins.

Please contact us should you have any further questions

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