Pre-Auction Sales Sample Clauses
The Pre-Auction Sales clause governs the sale of items before a scheduled auction takes place. It typically outlines the conditions under which an item may be sold prior to the auction, such as notification requirements to interested parties or the process for withdrawing the item from the auction catalog. This clause ensures transparency and fairness by clarifying how pre-auction sales are handled, thereby preventing disputes and managing expectations among sellers, buyers, and auction organizers.
Pre-Auction Sales. As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required ▇▇▇▇▇▇▇ deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A Broker Referral Fee of 2% (of High Bid Price) is offered to a cooperating VA State Licensed Real Estate Broker or Salesperson on any pre-auction offers that are properly completed and submitted on the appropriate forms provided by the auction company. Cell Phone: ▇▇▇-▇▇▇-▇▇▇▇ Email: ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ VA Auctioneer License #: 2907004930 VA Auction Firm License #: 2908001146 VA Real Estate License: 0225261471 VA Real Estate Firm License #: 0226023827 Cell Phone: ▇▇▇-▇▇▇-▇▇▇▇ Email: ▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ VA Auctioneer License #: 2907004932 VA Auction Firm License #: 2908001146 VA Real Estate License: 0225269205 VA Real Estate Firm License #: 0226023827 Level 1 Floor Plan Level 2 Floor Plan THIS CONTRACT OF PURCHASE (hereinafter "Contract") is made as of JUNE 22nd, 2024, between ▇▇▇▇ ▇▇▇▇▇▇▇▇▇, owner of record of the Property sold herein (hereinafter referred to as the "Seller"), and (hereinafter referred to as the "Purchaser", whether one or more). The Purchaser was the successful bidder at a public auction of the Property held on this date and this Contract restates the terms of sale announced prior to the auction sale.
Pre-Auction Sales. As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required ▇▇▇▇▇▇▇ deposit. Properly submitted offers will be presented to the Seller in a timely
Pre-Auction Sales. As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all of the auction terms and conditions, and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required ▇▇▇▇▇▇▇ deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance.
Pre-Auction Sales. As an agent for the Seller, the Auctioneer and any participating Brokers will present any and all bona fide formal written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales.
A. Pre-auction offers must meet all the auction terms and conditions and must be submitted to the Auctioneer on the Real Property Auction Sales and Contract, along with the required deposit.
B. The seller may accept or reject such offer at their sole and absolute discretion.
C. Properly registered Online Bidders may be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential.
D. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance.
E. A Broker Fee of (3% of the Winning Bid, not total contract price) is offered to a cooperating NC State Licensed Real Estate Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided by the Auctioneer or Seller’s Broker.
Pre-Auction Sales. As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre−auction sales. Pre−auction offers must meet all of the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required ▇▇▇▇▇▇▇ deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre−auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre−auction offers must allow a minimum of 24 hours for seller’s acceptance. A Broker Fee of (2%) is offered to a cooperating VA State Licensed Real Estate Broker on any pre−auction offers that are properly completed and submitted on the appropriate forms provided by the auction company.
Pre-Auction Sales. As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all of the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required ▇▇▇▇▇▇▇ deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A Buyer’s Broker Fee of (2%) is offered to a cooperating VA State Licensed Real Estate Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided by the auction company. Bidder: Printed Name Bidder Signature Date Buyer: Address Buyer: City / State / Zip _Matt ▇▇▇▇▇▇▇▇▇ Buyer: Email Auctioneer: Printed Name Buyer: Phone Auctioneers Signature Date Neighborhood Survey THIS CONTRACT OF PURCHASE (hereinafter "Contract") is made as of , between ▇▇▇▇▇▇▇ ▇. and ▇▇▇▇▇ ▇. ▇▇▇▇, owners of record of the Property sold herein (hereinafter referred to as the "Seller"), and (hereinafter referred to as the "Purchaser", whether one or more). The Purchaser was the successful bidder at a public auction of the Property held on this date and this Contract restates the terms of sale announced prior to the auction sale. Purchaser agrees to buy, and Seller agrees to sell the land and all improvements thereon and appurtenances thereto which fronts upon a public street or has a recorded access easement to a public street (hereinafter referred to as the "Property"), located in the County of Floyd, Virginia, and described as: – Tax ID # 39-108; Legal Description: INDIAN CREEK PARCEL 1 PC1-465; Consisting of +/- 39.89 acres and improvements ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇., ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ The purchase price of the Property is equal to the auction bid price plus 10% Buyer’s Premium, which is as follows: (hereinafter referred to as the "Purchase Price"), which shall be paid to the Settlement Agent (designated below) at settlement ("Settlement") by certified or cashier's check, or wired fu...
Pre-Auction Sales. As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required ▇▇▇▇▇▇▇ deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A Broker Referral Fee of 2% (of High Bid Price) is offered to a cooperating VA State Licensed Real Estate Broker or Salesperson on any pre-auction offers that are properly completed and submitted on the appropriate forms provided by the auction company.
Pre-Auction Sales. As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all of the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required ▇▇▇▇▇▇▇ deposit. Properly submitted offers will be presented to the Seller in a timely Simultaneous Close of Lot Bidding: Bidders desiring more than one lot will need to be high bidder on all lots desired. Each offering will stay open until all bidding is complete and all offerings will close simultaneously. ADMINISTRATIVE INFORMATION OWNERSHIP
1 1- Single Family Urban TAXING DISTRICT INFORMATION Jurisdiction 018 Area 001 District ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇ & BAREFOOT ZELDA G ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ HWY 221 RESIDENTIAL 03/17/2005 ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇/Pg: 733, 142 $0 03/13/2001 ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇ Bk/Pg: 596, 788 $179213 01/21/1998 Bk/Pg: 546, 0578 $187000 VALUATION RECORD 20 Reassessment Reassessment 2013 2017 2021 VALUATION L 19600 60400 90700 84600 96700 96700 Assessment Year Reason for Change 01/01/1998 01/01/2004 01/01/2008 01/01/2013 01/01/2017 01/01/2021 Topography: Rolling Public Utilities: Electric Neighborhood: Static Land Type -or- -or- Actual Effective Frontage Frontage Effective Depth Depth Factor -or- Square Feet Base Rate Adjusted Rate Extended Value Influence Factor Value Zoning: Legal Acres: 1 DV Developable Acreage 15 12.0890 1.00 8000.00 8000.00 96700 ▇▇▇▇
Pre-Auction Sales. The property will not be available for sale prior to the auction dates.
Pre-Auction Sales. Seller has instructed the Auctioneer that they do desire to receive any pre-auction offers. In the event a offer is made prior to auction and accepted all bids will be released.