1. All bids are unconditional. When the hammer falls, you know your house is sold.
   
2. All bidders are pre-qualified and pre-registered. There are no subject clauses – all that work is done before the auction.
   
3. The process is transparent. This eliminates any doubt that there might be a better offer out there.
   
4. All buyers are afforded equal opportunity – a fair chance. That translates into maximizing your sales potential.
   
5. Your realistic reserve price protects you. This ensures that your home cannot sell below your expectations and may well sell above.
   
6. Value reinforcement. Each open bid reinforces the next to provide potential for the best possible sales price.
   
7. We’re not just selling your home. We are creating an exciting, open event that can attract multiple buyers to bid unconditionally on your home.
   
8. It’s very effective. It’s simple, quick, convenient.
   
9. It’s a premium alternative. When you sell live with macauction®, the open process benefits both seller and buyer.

1. Assesses the value of your home and recommends a listing price.
2. Helps you establish a confidential reserve price.
3. Lists your home on MLS and invites all other agents to bring their buyers through.
4. Markets and advertises your home to all potential buyers in the market.
5. Shows prospective buyers through your home.
6. Registers interested buyers and provides a Bidder Registration Package.
7. Determines an appropriate auction date and time, allowing buyers sufficient time to do their due diligence.
8. Works together with the macauction® Auctioneer, who conducts a highly professional auction at your property in person.

You now have an unconditional transaction!

Seller FAQs

What are the benefits to the home seller?
With macauction®, the seller gets a system: a comprehensive, condensed marketing program specific to their property, pre-scheduled viewing dates, a pre-scheduled auction time and date, pre-set terms of sale, and the comfort of determining their reserve price. All bidders are registered and qualified to participate in the sale of your home.

How does it compare to the current system?
macauction® is more than just auction – it’s a systemized marketing alternative that focuses on a high number of potential buyers along a controlled, condensed timeline, all directed towards the auction and a successful sale. Your home is still listed on MLS with a Macdonald Realty representative as your listing agent.

How do I price my home?
Your Macdonald Realty listing agent will conduct a comparative market analysis of your home and advise you how to price your property for sale by auction.

Can I sell before auction?
A seller may elect to entertain offers (from registered bidders only) prior to the auction date. Interested parties should consult the listing agent or this website to verify the seller’s instructions for a particular property.

Does the auction environment only work for certain types of property?
Many different types and styles of homes will qualify. A Macdonald Realty representative will determine the suitability of your property for auction.

Where is the auction held?
Auctions take place at the property, unless otherwise specified..

Where else are home auctions offered?
Argentina, Australia, Brazil, Ireland, New Zealand, the United Kingdom, and the United States. Australia is where auctions are most popular.

How can sellers be confident in selling real estate at auction?
Buyers can take comfort in the reputation of Macdonald Realty, as well as in the professionalism of the process, and in the rules and regulations that govern it.

How does the auctioneer determine the increments for bidding on a particular property?
Although there is no hard and fast rule regarding bidding increments, a general guideline might be as follows:

• properties below $1 million: increments of $10,000


• properties between $1-2 million: increments of $25,000


• properties between $2-3 million: increments of $50,000


• properties above $3 million: increments of $100,000

However, please remember that the auctioneer can adjust the amounts at his own discretion.

What do I need to do to list my home for sale with macauction®?
Please contact your Macdonald Realtor or macauction® directly.

For further information on buying at macauction®, please consult your Macdonald Realtor.