Auction Process

• Advertising which involves: detailed and catchy newspaper ads, printing and erecting of advertising boards, placing of internet ads.
• Marketing which involves: Showing of properties, handling of enquiries, notifying clients on database of upcoming auctions.

Actual Auction Day

• Viewing of property before auction (during advertising campaign).
• Registration of potential buyers.
• Auction of property.
• Report back to instructor.

Post Auction Negotiations including:

• The negotiation of the highest possible offer.
• Continual marketing process during confirmation period.
• After confirmation period negotiating with bond holder for acceptance of offer.
• Liaise with appointed transferring attorney.