Auction

Procedure of Auction Services

Client provides details of the premises to the Auctioneers for valuation

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CSA renders complimentary valuation service to clients

Clients sign the appointment letter which specifies the date of auction and completion, opening bid and bottom price

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CSA issues land search to verify the details of the premises

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Strategic promotion will be launched which include:

 

  • Launching newspaper advertisement on major newspapers
  • Distributing printed matters in local vicinity
  • Arranging mail shot, email or fax to potential buyers
  • Uploading property details to our company website (www.chungsen.com.hk) in order to increase the exposure
  • Direct calling to potential buyers and existing clients
  • Arranging Open House

 

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Open Day: Site inspection by prospective buyers / Site inspection by appointment

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Day of Auction: Prospective buyers gathering in auction hall and bidding for the premises

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Bid higher than bottom price

If the premises has not been sold in the auction

(Deal completed)

 

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Signing of contract and Payment of deposit

Further promotion will be arranged

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Transaction completed

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