Bidding is done entirely online at www.AshlandAuction.com . Once you understand the steps, the process is straightforward, transparent, and fast.
The list price on the MLS represents the suggested opening bid and may not reflect the final sale price. The final price is discovered through competitive bidding during the auction window.
Every auction has its own specific terms, deposit requirements, and closing dates. Before bidding:
Bidding typically stays open for several days. Monitor the countdown clock on the auction page.
The "Soft Close" Extension: To ensure fairness, if a bid is placed in the final minutes, the clock will automatically extend (typically by 2 minutes). This prevents "sniping" and allows all parties to respond.
To participate in the bidding process, you must meet the following requirements:
If you are the successful high bidder (subject to terms/reserve):
- You will receive an immediate email with deposit and contract instructions.
- A deposit (EMD) is required via wire transfer or certified funds.
- Our team will coordinate with the title company to prepare for settlement.
Our team is available 9am-5pm EST to help you navigate the process.