You are using an unsupported browser. Please update your browser to the latest version on or before July 31, 2020.
close

Follow us on Instagram Twitter Facebook LinkedIn

Auction Properties

All auction properties must have the following language in the Remarks field, per CVR Rule 5.31 – Auction Properties (https://resourcecenter.cvrmls.com/article-5-listing-procedures/section-5-31-auction-properties/):

  • 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 also include general information about the property in the Remarks field as well.

Any other information regarding the auction or auction process (such as submission dates, auction site registration, etc.) may only be entered in the Agent Comments field. 

  • 98
  • 30-Aug-2018
  • 708 Views