Types of Auctions Absolute Auctions Means property sells regardless of price with no minimums or reserves. No Bid-Ins, No Buy-Backs. At an Absolute Auction you are not bidding against the owner(s) of the property. This auction method will net the seller(s) the highest possible price because the buyers trust that the auctioneer will sell to […]
It is very important that bidders become educated about the property and the auction process. The rules are very straightforward and Sdz auctions recommends that every beginning bidder interested in real estate at auction does the following: Contact Us & Obtain the BIDDER PACKET Every real estate auction will have a bidder packet with the terms […]
Before attending an auction either online or in person, there a many terms that you will need to know! Not knowing these terms cause problems, especially when you intend on bidding. Here are the terms that you need to know for auctions! Absentee Bid A procedure which allows a bidder to participate in the bidding […]