Why buy through AuctionJia
All listings by genuine sellers, who have contractually pre-agreed to sell to the winning bidder.
No "test market". Owners who put up for auction WANT TO SELL!
Full transparency with ability to see all bids.
Don't miss out on undervalued properties. Bid before the auction closes!
Our services are absolutely free for buyers!
If you are on the lookout for a property, but our current properties don't suit you, you can subscribe to our monthly newsletter on our homepage. Just key in your email, and wait for us to alert you to new properties for auction!
How to buy (step-by-step guide)
For a detailed guide to online registration and bidding, please view the file here: https://drive.google.com/open?id=0B2lnwjPHmtkYaVVldUhKMEM3VHM
1. Online Registration
Register an account on our website. After registration, an email will be sent to you to activate the account.
Fill up your contact details and accept the terms and conditions.
2. House Viewing & Bidder Verification
Attend one of our scheduled open house.
If you would like to bid, please sign the Bidding Agreement at the house viewing and provide a copy of your NRIC for verification. (this ensures all bids are genuine and binding).
We will email you once our system has verified and enabled your account to put in bids.
3. Review Conditions of Sale
Review the Conditions of Sale provided by the Seller.
4. Online Bidding
Auctions are open for a fixed period of one to two weeks, during which you can bid online at your own convenience, in your home / on your mobile. (Remember, all bids are binding offers, and we suggest you check with your bank or get an Approval In-Principle prior to the auction)
If you are declared the winning bidder, a Notice of Confirmation will be sent to you, and you will have to make a 5% deposit.
If you are the highest bidder, but did not achieve the Seller's reserve price, we will contact you for further negotiations, subject to the Seller's instructions.
We are more than happy to answer any further queries. Do contact us at your convenience.
On the bidding page, there will be a notification "Reserve price not met". If the reserve price has been achieved by the last bidder, this notification will not appear.
As all bids are binding, we suggest you check with your bank or get an Approval In-Principle prior to the auction.
As our auctions are conducted online, we need to ensure that each bidder is verified and contractually bound to purchase the property if they are the winning bidder. You only need to sign the Bidding Agreement once, to be able to bid on all properties on our website.
No, all bids are binding offers, and you are contractually obliged to purchase the property if you are the winning bidder.
No, we run an exclusive sales process for each property, and all bids are required to be put through the website to ensure transparency for all users.
We have created a fictitious sample property for you to test out bidding first. After you key in a bid, a pop-up will show you the price that was entered, and ask you to confirm. If you still click confirm on the wrong price, please email us with details, and contact the salesperson. It is up to our sole discretion to modify/cancel any bid.