AuctionPoint2014

HOW TO BID

The commercial real estate online auction event of the year

Customized Auction Alerts

Sign-up to find out about auction listings matching your criteria.

How to bid

When the auction opens, please follow the simple steps below to bid:

Step 1 - Review the Property List

Click on the “Property List” link to view all the properties to be auctioned.  You may sort the list by price, asset type or region to find properties meeting your criteria.

Step 2 - Get Details and Register

When you find a property meeting your criteria, click on the “Details and Bidding” link to enter the auction room for that asset.  There you will find property details, due diligence materials and the purchase agreement.  In order to access these materials, you will need to register.

Step 3 - Qualify to Bid

To bid on a property, you will need to submit a Bidder’s Deposit.  The Bidder’s Deposit is fully-refundable if you are not the high bidder on auction day. Once you are registered and logged in, click on the “Get a Bidder #” link in the auction room and submit your Bidder’s Deposit.  

Step 4 - Submit your Bids

On auction day, go to the Property List and click on the “Details and Bidding” link next to the asset which you will be bidding on.  Then, submit your bids in the auction room until the specified end-time.  Remember: you will need to register and qualify yourself prior to bidding!

Pre-auction offers: If you would like to purchase a property prior to auction day, please contact the listing broker to submit your offer. If a property enters contract prior to the bidding date, the property will be removed from the auction event and all participants will be notified.

Step 5 - Open Escrow

If you are the winning bidder...congratulations!  You will be contacted to sign the purchase agreement and open escrow.

QUESTIONS ABOUT THE ASSET?

Next to each of the properties on the Property List, you will find the listing broker’s contact information.  Please contact the listing broker with any questions or to arrange a property tour.

INSTITUTIONAL OR MULTI-PROPERTY BUYER?

Please contact us at 800-807-1688 and ask about our Premier Registration Program.