Ways to bid
There are many ways to ensure you can take part in an auction. Property auction bidding is simple and easy, so even if you aren’t available on the auction day, you don’t need to miss out on the property you are after.
We recommend you attend our auctions in person, if you are able to do so. You need to register to bid when you arrive and will be given a bidding number. You must have two forms of original identification as well as a method of paying your deposit, which can be a banker’s draft (made payable to Bond Wolfe Auctions) or debit card. Deposits for ALL lots being sold on behalf of Birmingham City Council must be paid by banker’s draft. We do not accept cash, personal or business cheques.
If you’re unable to attend the auction you can complete a remote bidding form in advance of the auction, giving the auctioneer permission to bid on your behalf up to your maximum amount. They will bid in accordance with the bidding in the room, so you can still get the property for less than your top bid. Your proxy bid is confidential between yourself and the auctioneers, and will not be shared with the vendor or any other bidders.
Please click here to download a copy of our remote bidding form. This must be returned by email to firstname.lastname@example.org or to our Birmingham office with your identification no less than 24 hours before the auction. This is to allow us time to process your request. You can keep up-to-date with the bidding by watching the auction live.
You must complete the remote bidding form and return it to our offices, with your 2 forms of identification, no less than 48 hours before the auction. One of our helpful team members will give you a call on the day of the auction and they will bid on your behalf, as per your instructions.
The remote bidding form can also be completed to request to bid by internet. It must be returned with your 2 forms of identification at least 48 hours prior to the auction. This gives us time to set up your account and provide you with your secure log in details to bid. You will be able to see the previous bids and place your bid accordingly. Please note you must read the legal pack before we can create your online bidding account, please ensure you register with the same email address you provide to us for the system to identify you. If you don’t follow these important steps you won’t be able to bid.
On your behalf
If you’re unable to attend, you can ask someone you trust to bid on your behalf. They will need a signed letter of authorisation from you giving them permission to bid, two forms of original identification for you and two forms of original identification for themselves. If for any reason you fail to complete, the bidder would be held liable to complete the purchase. You also need to make arrangements to pay the deposit and administration fee, you can either pay this on their behalf or we can take a card payment over the phone (not available for Birmingham City Council lots)
On behalf of your partner, family member or joint owner
Each purchaser should try to attend the auction if possible, and they must have 2 forms of original identification each. If they can’t attend you can bid on their behalf. You will need to bring two forms of original identification for yourself and for each person who wishes to purchase the property. You also need a letter of authorisation, signed by each person, authorising you to bid on their behalf. If you don’t have all the necessary documentation, as the bidder, you take full responsibility and will be legally obliged to complete the purchase.
On behalf of a company
You can bid on behalf of a company if you are one of the directors and have more than 50% share capital. If you own less than 50% share capital or you’re acting as an agent/employee on behalf of the company, you must provide a letter of authorisation, signed by each share holder, authorising you to bid. You must also provide original identification for yourself and for each shareholders with more than 25% share capital.
Properties offered via our online auction can be found within the properties page or by performing a property search. They will be indicated by an ‘online auction’ flag. You must create an account and register your interest. We will undertake an Anti-Money Laundering (AML) check and take your debit card details for payment of the deposit and administration fee. If you are unsuccessful, no payment will be taken. Once approved, you can bid for the property.
(The AML check will leave a soft footprint on your credit report but it should not affect your credit rating).