Register on the Briggs Auction online bidding platform directly. When you register for a real estate auction, you agree to a $5,000 credit card authorization (hold).
The winning bidder agrees that they are entering into a binding agreement to purchase the property for the total of the final bid price + buyer's premium.
The winning bidder submits 10% deposit of full final bid price + buyer’s premium on same day of auction along with completed agreement of sale.
Transparency of the offers (bids) so you know if you are the high bidder and have the ability to raise your bid if not.
A quick 45-day settlement means that you’re in your dream home or investment property in no time.