Registering to participate in a live or online auction at Properties2Auction.com is a very easy process. Here are the simple steps we suggest:
Study the information available on the property. Start with the documents contained in the property documents link as well as the terms and conditions link available on our website.
Visit the property. The properties will be open for inspection prior to auction with the open hours listed on each property. All Bidders should complete their property due diligence prior to the auction. Any information provided by the seller or Auctioneer regarding sizes, floor plans, square footage and/or bedrooms/bathrooms for the property are approximations only and are based on information available.
Arrange financing, if needed. Our properties are ordinarily sold for cash or new loan financing without any financing contingencies, so you'll want to have any needed financing arranged before the auction day.
Verify Bidder Registration Requirements. Many of the auctions conducted by Properties2Auction.com require a certified cashier’s check (for live auctions) or an eDeposit account to be opened (for online auctions), to be eligible to bid. Prior to the auction verify if a cashiers check is needed, and if so the amount. This information can be found in the brochure for that auction. Remember, Registration is free, eligibility to bid requires deposits or a cashiers check.
Decide whether you wish to be represented by a real estate broker. If you do, be sure to have your broker register by the broker registration deadline for the auction. A Buyer / Broker Registration Form can be found below.
1. You must first open up an account at eDeposit.
All bidders are required to open an eDeposit account prior to bidding. When a bidder is ready to submit a bid on a particular property the bidder will be requested to transfer funds from their eDeposit account to the Properties2Auction eDeposit account equal to the deposit amount required for that particular property. If you are the winning bidder, the deposit will be applied toward your purchase. Unsuccessful bidders will receive a full return of their deposit once requested. If you are the successful bidder and do not complete the transaction, the deposit will be forfeited and no amount will be returned.
2. After opening an eDeposit account, please fill out the registration form below to obtain your ID number and password. You will need your eDeposit account number to register. Registration is free. You will be sent an ID number and password via e-mail shortly after successfully sending the form below. Write them down or print out a copy of the e-mail. You will need them to place a bid in auctions you wish to participate in.
3. To bid on a property, go to the bidding page for the property that you wish to bid on, view the term and conditions, enter your ID, password, bid amount and submit your bid.
An automatic bidding feature allows you to place a maximum bid and it will automatically adjust your bid to the winning bid amount in the stated bidding increment up to your maximum bid when you have been outbid by another bidder. The amount of your maximum bid is private from all other participants in the auction.
The winner and runner-up will be notified via e-mail at the close of an auction.
The Bidder (Buyer) / Broker Registration Agreement DOWNLOAD Now!
Agents MUST complete and return this Agreement to the Auctioneer 24 hours prior to the close of the auction. No oral registrations will be accepted. Download and print this document now!
REGISTER NOW! All fields with an * are required. You will need your eDeposit account number to register.
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