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Auction Resources

Why Sell by Auction?

Describes the key benefits of selling by auction

Bidders Guide NSW Fair Trading Fact Sheet Jan 2018

NSW Fair Trading document that all bidders must receive

Prescribed Auction Conditions

Terms, conditions and warnings on how to bid at auction

Proof of ID Checklist

Identification requirements for all bidders who wish to register

Buyers Pre-Auction Checklist

Questions to help buyers prepare for an auction

Tips for Bidding at Auction

Tips to help buyers bid confidently at auction

Reserve Letter

Letter for vendors/sellers to set auction reserve price

Authority to bid For and On Behalf of Another Person

Required letter authorising someone to bid on your behalf

Authority for Agent to Accept and Place Bids received by Phone or Online

Required letter authorising an agent to submit bids that you have conveyed to him or her by phone or other electronic means

Authority to Bid for Company or Super Fund or Trust

Required letter authorising someone to bid on behalf of an entity

Bidders Record

A form for agents to record details of registered bidder (retained for 3 years)

Bidding Sheet

A form for agents/assistants to record bids as they are made

On Site Auction Checklist

A checklist to help agents prepare for on-site auctions

In Room Auction Checklist

A checklist to help agents prepare for in-room auctions

Authority to Exchange Contracts on Auction Day

A form for completion by vendor/seller and purchaser on completion of auction

Exchanging Contracts Checklist

A checklist to help agents meet facilitate a legally binding exchange of contracts

Underquoting Guidelines NSW Fair Trading Mar 2020

Important guidelines for listing agents

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