Buying at auction in NSW
Bidders Guide
NSW Fair Trading mandates that all bidders must receive a copy of the Bidders Guide before registering. It contains information about how auctions are to be run in NSW as well as how to register to bid and what kind of identification you must provide to register. Download a copy of the Bidders Guide.
Example Letter of Authority to Bid at Auction
Property address: [insert full property address]
Date of auction: [insert auction date]
This letter authorises a nominated person to bid at auction on behalf of the purchaser named below.
Please complete Section A or Section B as applicable.
Section A
Individual purchaser/s
I/ We, [Purchaser’s full legal name/s], of [Purchaser’s residential address/s], phone number [Purchaser’s phone number], being the holder of license identification number/s [Purchaser’s ID number and ID type], hereby authorise the person named below to bid on my/our behalf at the auction of the property listed above.
Section B
Company or business entity purchaser
(This letter to be provided on company letterhead)
Company name: [Full legal company name]
ABN: [Company ABN]
Registered address: [Company registered address]
Phone number: [Company phone number]
The company hereby authorises the person named below to bid on its behalf at the auction of the property listed above. The company acknowledges that its ABN will be recorded in the Bidders Record in accordance with NSW legislation.
Authorised bidder details
(Complete for both Section A and Section B)
Full legal name: [Authorised bidder’s full name]
Residential address: [Authorised bidder’s address]
Phone number: [Authorised bidder’s phone number]
Identification number and type: [Authorised bidder’s ID number and ID type]
This authority is given for the purpose of bidding at auction and, if successful, entering into a Contract for Sale for the above property.
Signed:
Signature: _______________________________
Name: _______________________________
Position (if company): _______________________________
Date: _______________________________
Pre- register for an Auction
Pre-registering ahead of auction day helps everything run smoothly and gives you one less thing to think about when it matters. It also ensures that we can check that any letters of authority are compliant to ensure the day runs smoothly for representative bidders.