Agent & Broker Portal
Buyer Broker/Agent Participation Terms
1. Brokers and Agents Must Register Bidders Before Each Auction
This broker registration applies only to the specific auction identified by the Auction ID submitted with it. It does not apply to future auctions, or to any pre-auction or post-auction offers or negotiations. All pre-auction and post-auction offers involving an agent must be communicated through the bidder's agent, with the agent disclosing representation. Please call our office with any questions.
2. Buyer Broker/Agent Participation Terms
A commission will be paid to the licensed real estate broker or agent who meets the terms below and whose registered bidder pays for and settles on the property through the identified auction for which the bidder was registered. The amount of commission is listed for each property under the terms and conditions section of that property. Commission is paid at settlement. No commission is paid on government auctions unless otherwise specified.
3. To Qualify to Receive a Commission
The broker or agent must register their prospective client for each specific property, before any inspection of the property by the client and before the start of the auction, using our Broker Registration form. It is the broker or agent's responsibility to ensure the registration is received and successfully completed.
4. Registration Is Required for Every Auction
A separate broker registration must be submitted by the broker or agent for each auction. Registrations do not carry over to future auctions, even where the auction involves the same property. Each auction is identified by an Auction ID, for example A-000016835. The Auction ID must be entered exactly as it appears on the listing, and can be found at the bottom of the listing's description in the Listing Details tab of the auction page on our website.
5. Rules Regarding Bidder Registration
The broker or agent must register their prospective client for the specific property or properties, before any inspection of the property by the client and no later than the start of each auction, using our Broker Registration form. It is the broker or agent's responsibility to ensure the registration is thoroughly completed, received, and successfully processed before the start of an auction. Broker or agent representation must be affirmatively disclosed by the broker or agent before participation in the auction. Representation disclosed after bidding or other auction activity has occurred may not be recognized for commission eligibility.
No broker or agent will be recognized on a prospect who has previously contacted Ashland Auction Group, LLC, or who has previously been contacted by Ashland Auction Group, LLC.
The broker or agent must attend the auction with the registered bidder and assist their client in bidding on each desired property.
The bidder's broker or agent must work with the bidder throughout the escrow and closing process.
The bidder's broker or agent must accompany the bidder during the signing of the real estate contract of sale, and sign the contract in the buyer's agent section.
The bidder's broker or agent must identify themselves as representing their client before the start of the auction.
The broker or agent will not be entitled to a commission if: (1) the broker or agent, or any member of their family or firm, participates as a principal at the auction; (2) settlement does not occur within the specified settlement timeframe; or (3) the person the broker or agent is representing does not settle on the property.
There are no exceptions to this procedure, and verbal agreements will not be accepted.
Commissions are paid only upon closing.
Incomplete or inaccurate registrations will not be processed and will need to be resubmitted.