Understand the proposed auction format
Ask how bidding will take place, whether a reserve applies, how deposits and buyer qualification work, and which party administers the process. The answers must come from the proposed agreement and operator. A marketing page cannot determine the format or obligations for your property.
Compare the seller’s actual economics
Request a written fee schedule identifying seller charges, any buyer premium, marketing costs and expenses payable if the property does not sell. Ask how each affects the way a bidder evaluates the purchase. Compare estimated seller proceeds using the same payoff and timing assumptions used for other routes. Do not treat an auction’s headline bid as the seller’s net.
Plan access, timing and the unsold outcome
Discuss how buyers will inspect the property, which disclosures and documents will be available, and what deadlines follow an accepted bid. Ask what happens if the reserve is not met or a buyer does not complete. A scheduled event creates a date for bidding; the agreement determines the obligations and remaining steps. No sale-price premium or guaranteed closing outcome is asserted here.
Sources & further reading
- Contact Gary Ashton's team checked 2026-09-26
- Gary Ashton official website checked 2026-09-26
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