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Most auction teams will welcome pre-auction offers, and if you are really interested in purchasing the property, then a prior offer is a good idea. Not all properties can be purchased before the auction as some sellers require them to be sold publicly in the auction room.
Making a pre-auction offer is simple: you put in writing what you are prepared to pay for the property, then submit your offer a week or two before auction day. Your job is to make the offer more appealing to the vendor than watching would-be owners in a property Hunger Games on their lawn.
It will generally consist of the Special Conditions of Sale, the Land Registry Search, Leases (if applicable), office copy entries and other pertinent documents affecting the property.
If you're successful, you need to pay your deposit on the day you sign the contract i.e. on Auction day. Some buyers arrange a bank cheque for a certain amount (paying anything required over the cheque amount via direct deposit on Auction Day). Others arrange to pay the deposit via EFT.
How can you pay a deposit? In New South Wales, a 10% fixed deposit is required unless otherwise stated, which can be paid by a personal or bank cheque, cash and other methods by arrangement between all parties.