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Auction Code of Conduct

  • The Auctioneer shall conduct the Auction in accordance with prescribed legislation.
  • The Auctioneer will clearly state the bid amount.
  • Prior to selling or passing in the property, the Auctioneer will clearly call the bid three (3) times.
  • If the Auctioneer advises that the property is “On the Market” or “Selling”, then the property will be sold to the highest bidder.
  • If the Auctioneer may or may not seek instructions from the Seller prior to selling or passing in the property.
  • The Auctioneer will not engage, subscribe or condone the use of Dummy Bidders.
  • If the Auctioneer exercises the right to bid on behalf of the Seller, he/she will announce and identify any such bids.
  • The Auctioneer, whilst working to achieve the best possible sale price for the Seller, will treat all bidders honestly, fairly and ethically.