I got this message from an agent about an auction i'm having soon in QLD:
With regards to further things to be done; I will send, with the report, a letter confirming your reserve price which must be signed along with the terms and conditions for the auction which also must be signed. Both these forms are standard items.
Does anyone know if he's telling porky pies or is this legit ? It sounds like suspicious REA behaviour to me .. why didn't he ask for these forms to be signed at the same time i signed the selling authority ? In Melbourne i've never had an agent request the reserve in writing and claim it's a standard form so maybe it's a QLD thing Are there any QLD agents that can link me this form on the REIQ site thanks
Any suggestions how to handle this situation without getting him offside would be appreciated:
1) completely ignore the email (i've had computer problems)
2) disregard this aspect of the email when i reply to him
3) tell him i don't know what the reserve is but will have a think about it 10mins prior to auction (this is true)
4) give him a vendor bid to submit if there's no genuine bidders on the day .. but give it to him when i know there's no bidding (i have eyes/ears on the ground)
With regards to further things to be done; I will send, with the report, a letter confirming your reserve price which must be signed along with the terms and conditions for the auction which also must be signed. Both these forms are standard items.
Does anyone know if he's telling porky pies or is this legit ? It sounds like suspicious REA behaviour to me .. why didn't he ask for these forms to be signed at the same time i signed the selling authority ? In Melbourne i've never had an agent request the reserve in writing and claim it's a standard form so maybe it's a QLD thing Are there any QLD agents that can link me this form on the REIQ site thanks
Any suggestions how to handle this situation without getting him offside would be appreciated:
1) completely ignore the email (i've had computer problems)
2) disregard this aspect of the email when i reply to him
3) tell him i don't know what the reserve is but will have a think about it 10mins prior to auction (this is true)
4) give him a vendor bid to submit if there's no genuine bidders on the day .. but give it to him when i know there's no bidding (i have eyes/ears on the ground)