Information for Bidders
If you are going to be bidding at auction, please read the following important information:
By law, all bidders are required to register. On the day of the auction, registrations will open half an hour prior to auction and we will require photo identification and proof of address. A drivers licence is ideal, if not a passport with a supporting document with your address on it. If you are bidding on a property where a 2nd person or multiple people will be signing the contract, they too will need to register and will require their photo identification. If you wish to register to bid prior to auction day, please speak with our office or the selling agent.
Authority to Bid
If you're going to have somebody to bid on your behalf, whether you are also attending the auction or not, you'll need to fill in an Authority To Bid - In Person form and provide identification for all parties.
Authority to Phone Bidding
If you'd like to have somebody bid on your behalf whilst you are on the telephone, you will need to have the Authority To Bid - On Phone form completed by both yourself and the person bidding and the identification of both parties provided. If you would like to have somebody from our agency bid on your behalf, we can arrange this.
Authority to Bid on Behalf of a Company or Superannuation/Trust Fund
If you are buying a property in a company name, superannuation fund or trust fund, you must provide a copy of the Certificate of Company Registration & the most recent Annual Review that provides evidence of the shareholders of the company. No financial details are required. You must also have the Authority To Bid - Company completed. Even if you are the sole director and you will be bidding and signing the contract yourself, the form must be completed.
Some other important documents to make yourself familiar with that are published by the NSW Office of Fair Trading are:
Payment of Deposit on Auction Day
Say goodbye to arranging cheques before auction day! Raine & Horne HM Group now offers DEFT Auction Pay - it makes paying property deposits easy: no cheques, just a simple and secure online transaction.