Please review before contacting our team:
Please take a moment to review the information below and the documents linked below.
Most questions about bidding, financing, closing timelines, and fees are answered below.
Reviewing the disclosure packet and auction instructions will save you time and help you bid with confidence.
Property Auction – Frequently Asked Questions
Is this a cash-only auction?
No. These properties are not cash-only.
Buyers may purchase using:
Cash
Conventional financing
Other approved loan programs
If you are financing the purchase, you must upload a current lender pre-approval letter during bidder registration.
How does the auction process work?
Our auction process is designed to be transparent, efficient, and fair.
Review the documents
Download and carefully review the Disclosure Packet and Auction Instructions linked on this website.Register as a bidder
Create an account on the auction platform and complete bidder registration.Upload proof of funds or pre-approval
All bidders must upload:Proof of funds (cash buyers), or
A lender pre-approval letter (financed buyers)
Bidder vetting and approval
Every bidder is vetted to ensure they can close the transaction.
Most approvals happen within about one hour.Place your bids
Once approved, you may bid. The auction platform works similarly to eBay — bids are visible in real time and you may bid as often as you like.
How does bidding work?
All bids are visible to approved bidders
You may submit multiple bids
The highest bid at the close of the auction is the leading bid
Is there a reserve or minimum price?
Yes.
Each property has an opening bid.
The seller reserves the right to accept, reject, or counter any bid, regardless of the final bid amount.
Is there a buyer’s premium?
Yes.
A 3% buyer’s premium is added to the final bid amount and becomes part of the total purchase price.
How does closing work after the auction?
After the auction ends:
The winning bidder and the runner-up must submit purchase contracts within 24 hours
The seller will proceed according to the auction terms
How long does closing take?
Non-HOA properties with cash buyers: as little as 10 days
Financed purchases or HOA properties: typically 30 days or more
Who pays for title?
The seller pays for title.
Why do you require bidder approval?
Bidder approval ensures only qualified buyers are bidding, protects sellers, and reduces failed contracts.
Most approvals occur within about one hour of document submission.
Can I inspect the property before bidding?
Inspection availability varies by property and is outlined in the disclosure materials. Buyers are encouraged to complete all due diligence before bidding.
Should I review the documents before bidding?
Yes. Bidding indicates agreement with the auction terms and disclosures.
ABOUT HAWLEY TEAM AT KELLER WILLIAMS FORT MYERS AND THE ISLANDS:
Hawley Team are REALTORS© known for exceptional client service. They are one of the only fifth-generation native southwest Floridian real estate offices in the area.
The Hawley Team was started with the mission to delight and surprise our clients with exceptional service, exceeding their expectations at every step in the transaction. Their goal is to be your real estate professional for life. Their offices are located at 12840 University Drive, Fort Myers, Florida 33907.
For more information, visit teamhawley.com, call (239) 355-4040, or find us on www.facebook.com/hawleyteamkw or www.instagram.com/hawleyteam.
