How do I pay the deposit if I am successful at an auction?


(Transcript)

If you are successful at the auction, you need to actually pay your deposit on the day, and you have a binding unconditional contract, which would be under auction conditions. A lot of agents accept check at auctions. That is definitely acceptable. At DiJones, we also have auction pay, which means we can direct-debit the funds out of your account. For those people who don’t have checkbooks, it means we can facilitate the transaction on the day. It’s nice and easy for both the vendor and the purchaser.

Share this article