All auction properties must have the following language in the Remarks field:

• The property must be identified as an auction property.
• You must identify the basis of the list price, which may be the assessment value, an appraisal value or the opening bid.
• Whether or not pre-auction offers will be accepted.

You may include the following information in your Remarks field:

• General information about the property.
• The date, time and place of the auction.
• The terms and conditions of the auction.
• Whether the auction is being conducted with or without the seller’s reserve.
• The time or way potential bidders may inspect the listed property.
• The amount of Buyer premium, if any.
• Any required procedures for Participants/Subscribers to register their representation of a potential bidder.
• Any other material rules or procedures for the auction

The following information is prohibited in the Remarks field, but may be included in your Agent Comments field:

• Contact or solicitation information.
• Any URL addresses, including company, bidding platform, etc. 

See CVR MLS Rule  5.31 – Auction Properties (https://resourcecenter.cvrmls.com/article-5-listing-procedures/section-5-31-auction-properties/) for more information.