ARCHIVE | April 2020 - Online Auction

guide to online bidding – in just 3 easy steps BUYING at online auction STEP 1 Register to Bid • Go to the Hollis Morgan website and click on the Lot page that you want to bid on. • The online auction ‘widget’ will automatically pop up to prompt you. • Log in – or Register if this is your first time – and follow the instructions. • You will be asked to upload your ID and verify your registration via SMS text. STEP 2 Ready to Bid! • On the 23rd April you will receive an email reminder to enter your payment details for the auction. This is the earliest date that details can be provided . • You will not be approved for bidding unless payment details are provided. • Please note: we require DEBIT CARD details. STEP 3 Enter your payment details • Once you have successfully completed the registration and payment process you will receive email confirmation you are authorised to bid . • You will be able to start placing your bids from midday on 28th April . • Bidding will close on 29th April at 3pm for Lot 1 and at 5 minute intervals for the remaining lots. • Unlike eBay, bid sniping is impossible . All auctions will close as per their advertised ‘Auction End Date’, however if a bid is placed within the final 60 seconds of the auction’s scheduled end time the auction will be extended by an additional 60 seconds – known as the ‘bidding extension window’. • Download the Buyers Guide in the online legal pack for further information. Congratulations You are the winner! • As the winning bidder you will receive email confirmation , payment of £6,200 will be taken and one of the Hollis Morgan Auction Team will contact you to talk you through the next steps. • 2 important tasks to remember – The deadline to transfer the remainder of the deposit is Friday 1st May. – You also need to nominate your solicitor to complete the transaction.

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