Bidding process: Ends on Wednesday, May 24 @ 7pm PST
ALL SHOWINGS WILL BE HELD DURING THE OPEN HOUSE on Sunday, May 21st between 12-4pm.
Buyers and agents can bid online anytime from the beginning until the end of the published bidding date provided they have submitted a pre-approval, DU and POF to the listing agent.
Once the seller accepts the winning bid, the entire process will proceed like a traditional real estate transaction. The buyer will submit a signed contract to the seller with the final sales price being the winning bid plus the buyer’s premium. The buyer and seller will open escrow with all of the buyer’s contingencies and inspections time frame outlined in the contract. For more information contact the Listing Agent!

SELLER RESERVES THE RIGHT TO ACCEPT, COUNTER OR REJECT ANY OR ALL OFFERS!

Buyer’s Premium is 3% (built into the contract price. Buyer’s premium will be added on top of the winning bid which shall establish the final sales price.)

Winning bid + Buyer’s Premium = Sales Price!

The winning Buyers shall provide a purchase contract within 24 hours from the time of acceptance of the winning offer by the seller. If the buyer does not provide the purchase contract within the time frame specified above, the seller reserves the right to accept other offers!
Notice to the winning Buyers. If you are the winning bidder, selected by the seller, at the end of the process and back out without submitting a purchase contract, you may be liable for a $500 penalty fee and will be invoiced for that amount.

*******IMPORTANT DETAILS*******
In order to place a bid on any property available by the online bidding platform, you must REGISTER and create an account at the URL above. If you are working with an Agent, you will need to provide us with their contact information.

By creating your account, you agree to accept AND understand the Terms and Conditions of the online bidding process and this platform.
In addition, you must either provide Proof of Funds if paying in cash OR a FULL Underwritten Loan Approval Letter (DU), pre-approval letter from a Mortgage Lender prior to getting access to the bidding platform. Registration and documents must be received NO LATER than 12:00 pm PST the day the online bidding ends.

If you are not registered and/or you have not provided suitable documentation by 12:00 pm PST on the last day of online bidding, you will NOT be allowed to bid on a property!

Also, we STRONGLY encourage you or your agent to login to your account prior to the end of the bidding period on the property you wish to bid on. It is IMPORTANT to understand the steps and functionality needed to place your bid. Technical or agent support will not be available after 12:00 pm on the final day of online bidding.

Offering Auto Extend – Our system Prevents Last Second Bidding by Automatically Extending the Bidding Time. If a bidder places a bid within 2 minutes of the end of the bidding time, the system will automatically extend the bidding time by 5 minutes in order to allow other bidders the opportunity to respond.

Attention Highest Bidder! – If you are the highest bidder, it does not necessarily mean your bid is the final declared winning bid or that your bid is accepted. There are many factors that go into a seller accepting an online bid such as type of mortgage financing, down payment, amount of earnest money, closing date, home sale and other contingencies. The listing agent will call all agents representing buyers who have placed competitively priced bids on a particular property on this platform to learn all the details of their offers. Only after the seller and their agent discuss the terms of all the competitive bids submitted on the site will they determine who the “Final Declared Winning Bidder” will be.

By agreeing to these Terms and Conditions you agree and understand any bids you submit will be available and visible to the public in real-time on the property page of our web site.

The Seller has required the listing agent to have all bids submitted online. We have been instructed NOT to review or present offers that were not submitted through the online process.

If you are bidding from a different time zone than the property, you MUST change the clock on your computer to insure your bids are submitted in a timely manner.

WE DO NOT RECOMMEND USING A MOBILE PHONE FOR BIDDING! IF YOU DO, YOU MUST REFRESH YOUR SCREEN TO ENSURE ACCURACY!

Pixley Lewis
Direct – 909-213-2110