|How does bidding work?
|You do a ONE TIME SETUP of an account
with Spencer Group Auctions. You will supply us with your contact
information: name, address, phone, etc..
|You may bid as an individual or you may have your
Real Estate Agent bid for you. There are separate registration pages
for individuals and agents.
|A Real Estate Agent who bids for you will receive
a 1% sales commission on the transaction if yours is the winning bid.
|You should read and agree to all material contained
prior to bidding.
|When you register you are assigned a Bidder ID number.
That number will be sent to the email address you provided at setup.
To bid you login with that number and your email address.
|You may bid as often as you want. There is NO
CHARGE TO BID. Each time you bid you will receive an email
confirmation of the bid amount and date.
|On the auction's ending date (cutoff date) we
contact the high bidder with directions on how to proceed
in making payment.
|The winning bidder will pay a $500 flat fee. The
fee may be paid with a certified check and must be received by us
within 3 business days.
|The $500 fee you pay will be applied to the down
|The full down payment amount is 10% of the Sale price
and will be due upon contract signing with Ronnie Spencer. All monies
Account or Bid