What will cause my bid to be rejected?

Your bid will be rejected if:

  • you do not state your name, and did not sign the letter (if your bid was typed);
  • you do not state the exact address of the property you wish to purchase;
  • you state a range of figures ( e.g $1m to $ 2m) for your bid sum instead of one amount;
  • the property is not on the list of properties which the Trust is selling by Private Treaty;
  • words and figures in your bid letter do not agree;
  • Real Estate Agents who are making bids on behalf of bidders, do not attach a signed copy of the bid from the bidders;
  • when the bid/letter is opened, the information does not clearly indicate that a bid is being made on a property.
  • a higher bid is received from another person.
  • your proof of deposit and mortgage financing documents did not accompany your bid letter;
  • a certified Power of Attorney document giving authorisation for your Agent/Representative to make a bid on your behalf is not received.