THE AUCTION PROCESS
(1) Marvin Alexander, Owner of Alexander Auctions & Real Estate Sales, meets with the Seller, Owner
and/or their Legal Representative to discuss the Seller's goals and the time frame which the Seller
needs to finalize the auction in.
(2) Marvin Alexander will review the real and personal property to determine when and how the real
or personal property needs to be sold to reach the Seller’s goals.
a. Live Auctions, on site or off site
b. Live Auctions, simulcast on the internet
c. Timed Internet On-Line Auctions – no live auction
(3) Alexander Auctions & Real Estate Sales and the Seller enter into an Auction Employment
Agreement stating the date of the auction and the costs involved in conducting the auction.
The Employment Agreement will include Alexander Auctions & Real Estate Sales’ commission,
cost of promotion and advertising and other associated costs for a successful auction.
(4) Alexander Auctions & Real Estate Sales will develop a promotion and advertising program
considering the property type, location, supply and demand.
(5) Marvin Alexander will photograph the real and personal property for promotion on websites,
brochures and advertisements in papers and printed publications leading up to the auction.
(6) Alexander Auctions & Real Estate Sales informs the Seller about the auction schedule and when
certain auction timelines will take place.
(7) Alexander Auctions & Real Estate Sales implements the promotion and advertising.
(8) Alexander Auctions & Real Estate Sales will set up the auction and attend to all of the details
to be prepared on the day of the auction.
(9) Alexander Auctions & Real Estate Sales conducts the auction.
(10) Alexander Auctions & Real Estate Sales picks up and leaves the Seller’s property clear when the
auction is over.
(11) Alexander Auctions & Real Estate Sales closes the auction and pays the Seller.