Common use of Pre-Auction Sales Clause in Contracts

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 xxxxxxx 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 Xxxxxxxxx Buyer: Email Auctioneer: Printed Name _ _ _ _ Buyer: Phone Auctioneers Signature Date Neighborhood Survey ** SAMPLE ** 1 CONTRACT OF PURCHASE THIS CONTRACT OF PURCHASE (hereinafter "Contract") is made as of September 23rd , 2021, between Xxxxxx X. Xxxx 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 of the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required xxxxxxx 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 Xxxxxxxxx Buyer: Email Auctioneer: Printed Name _ _ _ _ Buyer: Phone Auctioneers Signature Date Aerial Location Neighborhood Survey Topo ** SAMPLE ** 1 CONTRACT OF PURCHASE THIS CONTRACT OF PURCHASE (hereinafter "Contract") is made as of September 23rd 22, 20212021 between Ellyson S Xxxxxxxx lll and The Xxxxxxxx Family Revocable Living Trust of 1993 by & through Xxxx Xxxxxxxx and Xxxxx Xxxxxx, between Xxxxxx X. Xxxx owner 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.

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 xxxxxxx 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 M att Xxxxxxxxx Buyer: Email Auctioneer: Printed Name _ _ _ _ Buyer: Phone Auctioneers Signature Date Neighborhood Survey ** SAMPLE ** 1 CONTRACT OF PURCHASE THIS CONTRACT OF PURCHASE (hereinafter "Contract") is made as of September 23rd , 2021, between Xxxxxx X. Xxxx 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 of the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required xxxxxxx 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 Xxxxxxxxx Buyer: Email Auctioneer: Printed Name _ _ _ _ Buyer: Phone Auctioneers Signature Date Neighborhood Survey ** SAMPLE ** 1 CONTRACT OF PURCHASE THIS CONTRACT OF PURCHASE (hereinafter "Contract") is made as of September 23rd , 2021, between Xxxxxx Xxxxxxx X. Xxxx owner and Xxxxx X. Xxxx, 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 0000 Xxxxxxxxx Xx., Xxxxx, XX 00000 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 funds, subject to the prorations described herein. Purchaser has made a deposit with Auction Company, of (hereinafter referred to as the "Deposit"). The Deposit shall be held by the Auction Company, pursuant to the terms of this Contract, until Settlement and then applied to the Purchase Price. Settlement shall be made at on or before ("Settlement Date"). Time is of the essence. Possession shall be given at Settlement.