Auctions

Auctions have become a popular way of marketing property in most states and no wonder with record clearance rates being recorded in recent times.

Attending an auction can often be a stressful situation for homebuyers and organising a 10% cash deposit to attend each auction “just in case” can often be time consuming and expensive to arrange. Deposit Power Guarantees provide flexibility for all auction buyers serious about purchasing at auction. Our guarantees are issued for a specific amount, usually 10% of your maximum intended bid, and if successful the buyer is able to complete the property details and end purchase price to complete the guarantee.  This means that buyers have the flexibility to attend any number of auctions within the 6-month expiry date with the same guarantee until they are successful.

Deposit Power may offer a refund of the fee paid, less an admin fee if the guarantee is returned to us unused within 30 days of the issuing date

To obtain a fee quote, simply click on our Fee Calculator button or call the Deposit Power Helpline on 1800 678 979 to obtain more information on how Deposit Power Guarantees can help you at your next auction.