"If you're unable to attend the auction, you can make a bid by telephone or in writing. Contact the auction house for more information."
Remember to take two forms of identification, cheque book and all your banking details with you to the auction.
If possible, arrive early and familiarise yourself with the empty auction room.
On arrival, you may need to register with the auction house in order to bid prior to the start of the auction. Check with your auctioneer.
On arrival, get a copy of any addendum sheet. These are distributed around the auction room and contain late information or alterations. Don't assume that all the properties included in the catalogue will be offered on the day of the auction. Some may be withdrawn or sold prior to the auction.
Take a seat or stand somewhere in the room where the auctioneer will able to see you bidding clearly.
When placing a bid, make sure you gesture clearly at the auctioneer. Subtle twitches and winks will not be picked up. Either raise your hand or nod/shake your head clearly. The auctioneer will warn the room when he is concluding a sale.
If a property fails to reach its reserve price, don't give up! The vendor may decide to accept your bid later at the end of the auction. Make sure you leave your details with the auctioneer.
Don't forget that the property becomes the buyer's insurable risk as soon as the hammer falls. The conditions assume that the buyer has acted like a prudent buyer. If you choose to buy a lot without taking these normal precautions you do so at your own risk.
If you're considering purchasing a property at auction you should always consult with auction professionals and solicitors. This article is intended as a guide only.
