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HOW TO BID AT AN AUCTION

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Pre-register as a bidder with payment of the stipulated registration fee. This is compulsory in order to bid.

Obtain a copy of the Conditions of Sale and the bidders pack

Thoroughly inspect all documents.

Inspect the asset fully and thoroughly before the sale commences.

Address all queries, questions and requests for advice before the commencement of the auction to Ian Wyles Auctioneers representatives and on the floor assistance.

Direct all questions to the on-the-floor assistants as the Auctioneer will normally not allow a public forum question time.

Raise your hand or bidders card to bid.

Make eye contact with the Auctioneer or his on-the-floor assistants so that they acknowledge your bid.

Call out your bid if necessary and attract the Auctioneer’s or his on-the-floor assistants’ attention.

Remove yourself from the bidding by shaking your head saying “no” or saying “no” if the auctioneer turns your way. Keep in mind that you are legally bound by your bid.

Remember that auction sales are non-suspensive and “voetstoots”. You must thus do your homework before bidding.

Settle deposits and payments immediately after the auction is concluded

16 Nov 2016 / IAN WYLES AUCTIONEERS

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