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To create your account choose the “Register” link on the header navigational bar or use any of the links available on the home page. You will be asked the type of account you will be registering. The options are as follows:
1. Individual:- Use this account if you are bidding on a property without the need of a real estate agent.
2. Certified Agent:- You must become a certified agent if you intend to post property on this site. there is no fee to become certified.
3. Bidding Agent:- Use this account type if you are placing a bid on behalf of a client. this ensures any commission due to you will be paid.
When registering you will be asked to complete a short form which includes standard information such as your contact details, preferred login credentials etc. Mandatory fields include:- · Name · City · State/Province/county · Zip/Post Code · Phone Number · Birthday · Username & Password · E-Mail address · Confirmation of terms an conditions acceptance
For real estate agents there is other information we need to collect such as license number and company affiliation.
Once registered you will receive E-Mail confirmation that you will need to respond to in order to activate your account. Until your account is activated it will show as being suspended. If you do not receive your activation email check your spam or similar folder and add Admin@fasthomeauction.com to your white list. Despite all our efforts some email accounts will block our messages, especially with free email accounts such as yahoo or hotmail. Should you encounter any registration difficulties please click on the contact us button above. Bidding on properties is easy! Watch our video to see step-by-step instructions. Placing a bid on a property you are interested in is easy, as you view the property details page you will have two areas from where you can place your bid, one next to the property details and a second at the bottom of the page. To place your bid simply enter the amount you wish to bid e.g. Fifty One Thousand Five Hundred Dollars would be entered as 51500.00 Please note no currency symbols ($) or commas (,) the system will insert them when you complete your bid. The bid will be placed in the auction currency. Once done you will be asked to review your bid and you will also be able to view vital details before confirming your bid. To submit your bid simply press the “Place Bid” button. If your bid is high enough to take the lead in the auction a confirmation message will be displayed to you, however if your bid has not taken the lead be it due to a higher proxy bid or not meeting the reserve price you will be invited to make a further bid. Should you decide to retract your bid this can be done via the “Current Bids” section of the member’s area. You can also place a proxy bid, proxy bidding allows you to place your “Maximum High Bid” you are willing to pay. At all times you will only pay the lowest required bid should you win the auction. For example, if the current bid on an auction is 50,000.00 you can place a proxy bid of 70,000. Should you remain the only bidder you will only pay 50,500.00. However should the property receive other bids the site will automatically re-bid for you beating someone elses bid by 500.00 (up to 70,000 in this scenario) to ensure you remain in the lead but never pay more than is needed. Selling properties is easy! Watch our video to see step-by-step instructions.
To list a property simply click on the “Sell” link found on the header navigational bar. The listing process is split up into several main sections, Specifically:
The listing process is developed in such a way that you are guided through every step seamlessly. The first part of the process is to choose the category you wish to list your property under, this can be revised at any time by using the “Previous Step” navigation button. Step two enables you to enter your Headline Number of bedrooms, bathrooms, the square footage and full property description, a full wysiwyg editor is in place to enable you to use HTML descriptions. If you have a voucher code to redeem this can be entered just below the description field. Moving on to step three, this is the biggest stage of the listing process. On this step you can set the following:- · Auction type:- Standard Auction This is a single quantity auction Dutch Auction Dutch auction enables you to list a multiple quantity auction, for example if you have 10 of the same condominiums to sell you can list all of these together in a single lot. Bidders will be able to select how many they wish to bid for. · Currency:- You can select your preferred auction currency using the drop down menu available US Funds is the default currency. · Quantity:- This field is only active if listing a Dutch auction, please see above for an explanation of this listing type · Auction Starts At:- Enter the amount you want your auction to start at, or the minimum you will accept if you are having an absolute auction, you can also set a reserve price to ensure you do not sell the item for this amount. Please see below for more information on this. · Reserve Price:- Enabling a reserve price affectively means you will not sell the item for less than the amount set, for example you can set the start price at 5.00 but only accept winning bids over 50.00, should a bid be placed for 49.99 the item will close without a winner. · Buy out :- Buy out allows you to set an amount you are willing to sell the item for – straight out. For example you can set the start price to $10,000.00 but offer interested parties the option to buy the item immediately for $100,000.00. You can also list a classified buy out only auction, these auctions remove all bidding options meaning the listing can only be purchased for a set amount. To set a classified buy out only auction you need to set the buy out value to be exactly equal with the start bid. · Offer-Range:- You can set a price bracket in which you are willing to accept offers, for example if you set the price amounts from 15.00 to 100.00 interested parties will be able to offer you an amount within these two numbers, you can opt whether to accept or decline these offers at any time via the members area. · Bid increment:- This option can be used to set your own custom bid increment if preferred. The default bid indrement is set to $500.00 · Set start/end time:- You can either opt to list your item right away and set a defined number of days for it to be live for or you also have the option to define your own custom start/end time. · Private Auction:- Private auction will hide the bidders identity on the item details page · Image upload:- To accompany your property you can either upload images from your local computer or enter the URL of an image(s) hosted elsewhere · Virtual Tour Media upload:- In addition to images you can also upload virtual tour media files, please note only .avi/.mpeg/.mov are supported or or enter the URL of the media hosted elsewhere · Auto Re-List For convenience you can opt to have your items automatically re-listed for you, options are available to allow you to select whether the item should be re-listed if sold and how many re-list attempts should be made. This is very useful if you are selling multiple units eg. condominiums. Moving on, you can then review the listing and make changes if required, please note you can still edit your listing once it is live via the members area. The final step provides you with listing confirmation and then payment.If the option is available you can use “Buy Out” to purchase the item immediately without having to place a bid. Some sellers offer such an option which can be used at any time until a bid has been placed over any applicable reserve price. The “Buy Out” option will appear on the item details page, you will be asked to confirm your intention to buy out the item before the sale is concluded. Buy out’s cannot be retracted. The item watch features lets you keep a close eye on any auction without having to place a bid on it. This feature means you can be kept up to date on how an auction is doing and prepares you to place a winning last minute bid. You can watch any auction by clicking on the “Watch this item” link on any auction page. The auction watch feature notifies you of newly listed auctions which contain keywords you have chosen. For example if you are looking for a Pool Home in Florida you could enter in those keywords from within your members area area. Each time a new auction is listed containing those keywords you will be notified via email. |
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