HANDS ON EXPERIENCE

ROUND ROBIN AUCTION RULES

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No pre-qualification is necessary to bid. All bidders are welcome!

1. If you wish to be included in the bidding process, then provide the

following:

o Your name

o Your contact number(s)

o Your preliminary bid.

2. All preliminary bids must be in multiples of $500 and can be left at

any time prior to 5 pm Sunday.

3. The bidding will be open. We will tell anyone the status of the bids

at any time.

4. Every bidder will have the opportunity to top the current bid until

the highest & best bidder is established.

5. The Josephine 26 will be sold to the highest & best bidder in

round-robin bidding by telephone Sunday evening starting 6pm. To

enter the round-robin bidding you must leave a bid for the home,

before 5 pm Sunday.

6. When the round-robin bidding begins, we will telephone the

highest bidder prior to the round-robin bidding first to give them the

opportunity to make the first bid.

7. The next highest bidder will get the second telephone call, and so

on down the list until all bidders have been called.

8. Every bidder will have the opportunity to top the high bid until the

final highest bidder is established. Bids during this round, must be

$200 apart. Each time you receive a call, you have 3 options:

OPTION 1: Raise the high bid by $200 or more in multiples of $200

OPTION 2: Stay at your current bid

OPTION 3: Quit the bidding process

9. If there is more than one bid at the same level, the earliest bid will

be honored.

10. The highest/best bidder will be offered the Josephine 26 at their

bid price.

11. A 5% deposit will be required and collected from the highest

bidder within 24 hours after the completion of the round-robin

bidding.

If the highest/best bidder does not meet the conditions of the termsof-

sale or fails to provide credible ability to purchase the tiny home,

the tiny home will immediately be offered to the second highest/best

bidder at his/her final bid price. If this bidder is unable or unwilling

to purchase the TINY HOUSE, the third-highest bidder will be

contacted.

TINY HOUSE AUCTION6P SUNDAY BOOTH 319