Live real estate auctions are a unique venue to purchase real estate for sale in a competitive and exciting atmosphere. Sellers are highly motivated and an auction is a great opportunity to purchase real estate at the price you set.

But it’s important to do your homework first, and at Dynamic Auction Solutions, we believe that the more you know about the property of interest, the more confident you will be about bidding on it.

Buyers Tips

• Bring your pre-qualified price range
  
• Bring your picture I.D.
  
• Bring Certified Funds (required)
  
• Bring your Articles of incorporation, trust documentation, or other proof of signing authority (for those taking title in a company name or trust only)
  
• Arrive early to ensure you get a seat
  
• Pick up your registration packet at the registration table
  
• Review Auction Updates; i.e. Removals or Late Additions
  
• Introduce yourself to the bid assistant working in the section where you are sitting - their job is to assist you during the auction

Secure Financing
Get your financing in order before the auction.

While there is no requirement that you secure financing before attending an auction, it will help you to know in advance what you can afford to bid. It will also ensure financing trouble doesn’t force your deal to fall thru. If you can not secure financing on the property and close escrow within 30 - 45 days of the auction your down payment will be lost in some cases. Some properties at auction may be offered with seller financing. Check with your DAS auctioneer for details on specific properties of interest.