This is an agreement between an Auction House and an Auctioneer for the Auctioneer to performs services as an independent contractor as per the terms of the Contract.
Agreement With An Auction House For Furniture
State:
Multi-State
Control #:
US-INDC-01
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Auctioneer Services Contract - Self-Employed Independent Contractor?
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FAQ
Because furnishings are considered personal property, as opposed to real property, negotiating this aspect can present a challenge to a transaction. Both buyer and seller can successfully navigate this part of the deal by thinking ahead, getting details clearly in writing, and keeping things in perspective.
Updated July 14, 2020: Auction contracts are agreements between a seller and a buyer, in which the seller agrees to sell an item or property for the highest bid and the buyer agrees to pay it. They also take place between the bidder and the auctioneer.
In the end, it is up to the Organization running the auction to decide whether to honor the request. If the winning bidder would like to back out after the close of the auction, you can offer the item to the next highest bidder, or close the item as Not Sold.
A bid at an auction is an example of an Implied offer.
The buyer, with the help of their real estate agent, can negotiate the price of furniture when they submit an offer. The seller will review and accept this offer or choose to submit a counter-offer. Ideally, you'll both get to a place you're happy with and will create a contract that includes the sale of the furniture.