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Tips for Buying at September Auction Event

The Coastal Living September Auction Event!

Sunday 20 September, our five Coastal Living offices will come together at Mercedes-Benz Sunshine Coast for an incredible day of auctions, with over 100 properties going under the hammer across the Sunshine Coast.

Whether you’re ready to bid or simply doing your due diligence before auction day, we’ve put together everything you need to know below to help make the process as smooth as possible.

Date: Sunday 20 September
Venue: Mercedes-Benz Sunshine Coast
Address: 65 Maroochy Blvd, Maroochydore
Pre registration: Closes at 5pm Friday 18 September
Registration: Commence at 9am
Auction commencement: 10am

Auction Day

With over 100 properties being auctioned throughout the day, auction registrations and paperwork can be busy, so we strongly encourage all prospective bidders to complete their registration and paperwork prior to Auction Day.

This will help ensure you’re ready to bid when your property comes up.

Before You Bid

If you’re intending to bid at the Coastal Living Auction Event, please ensure you:

  • Complete the appropriate Bidder Registration Form or Letter of Authority
  • Provide the required photo identification
  • Review the Contract of Sale
  • Review the Seller Disclosure Statement
  • Confirm the correct purchasing entity before registering
  • Ensure any required company or trust documentation is available and sent to our team

Please take particular care when completing the Buyer/s Details section.

The entity nominated when registering to bid is the entity that will be used on the Contract of Sale. If you’re purchasing through a company or trust, we recommend confirming the correct purchasing entity with your solicitor or conveyancer before auction day. If the forms are not completed correctly, you may be unable to bid on the day.

How Will You Be Bidding

Bidding in person on your own behalf

Complete the Bidder Registration Form and provide a copy of your photo ID.

Bid in person

Bidding by phone or online

Complete the appropriate Letter of Authority / Bidder Registration Form and provide the required photo ID.

Bid by phone

Bidding through a Buyer’s Agent

Your Buyer’s Agent will need to be appropriately authorised to bid on your behalf. Please ensure the required documentation is completed prior to auction day.

Someone else bidding on your behalf

If a friend, family member or another third party will be bidding on your behalf, the appropriate authority form must be completed before they can bid.

Someone else to bid on your behalf

Purchasing Through a Company or Trust

If you are purchasing through a company or trust, additional documentation will be required.

Company

You will be required to provide evidence of the company’s current ASIC details and authority for the person/s bidding and signing the Contract of Sale.

Trust

You will be required to provide the relevant trust deed and any supporting documentation relating to changes to the trustee or trust structure.

We recommend speaking with your solicitor or conveyancer before auction day if you are unsure which entity should be purchasing the property.

Deposit

The deposit is payable following the successful fall of the hammer, in accordance with the terms of the Contract of Sale.

Please ensure you understand the deposit amount and payment requirements for the property you are bidding on and are prepared to make payment immediately following a successful purchase.

Disclosure Statement

Queensland’s seller disclosure requirements apply to residential property transactions. Buyers should ensure they have reviewed the relevant Seller Disclosure Statement and Contract of Sale before bidding.

With 100 properties going under the hammer across five Coastal Living offices, the September Auction Event is set to be a fantastic day for buyers and sellers alike.

Don’t leave your registration until the morning of the auction.

Get your paperwork organised, review the property information and make sure you’re ready to bid when the opportunity comes up.

View the auction properties

We look forward to seeing you at the Coastal Living Auction Event on Sunday 20 September at Mercedes-Benz Sunshine Coast.