General Terms and Conditions

Special Terms and Conditions in the Document Section are Incorporated herein.

Bid increments are the sole discretion of the Auctioneer.

REAL ESTATE AUCTION ANNOUNCEMENT Required opening bid published (Message the Auctioneer about how to access the reserve.) This property may be purchased immediately as the Reserve Met light goes green. Make the bid and offer the price you are willing to pay, no matter what you are willing to pay, make your offer as soon as possible. Bidding is active now, you can see the last bid, just ask. Cash or Seller may consider qualified financing offers. Submit all offers the the Auctioneer (Multiple forms considered). Subject to Terms and Conditions of Sale, Buyer Costs, as is Condition, Competitive Bids, and Auctioneer Fees. Message the Auctioneer for other details and how to place an offer. Make a Bid or an Offer do either one. It is the same thing. It’s easy, it’s simple, it’s transparent. Trust ~ Verify ~ Bid ~ Details are online, documents online. If you can’t find them, message me. 13 percent Buyer’s Premium. *Myers Jackson – Texas Auctioneer – TDLR 17057

BROKER PARTICIPATION COMMISSION is VARIABLE

With a duly registered buyer and/or agent of a qualified Real Estate Broker, the Buyers Broker may be paid $1000 more or less or at Listing Broker/Auctioneers option up to a 3% fee based on the initial offer with the buyer broker qualified registration subject to procuring cause rights. Any commission payment shall be subject to the full collection of the Buyer Premium paid by the buyer as described in the Specific Terms and Conditions of Sale. Brokers may only be paid 3% on a written opening bid being conditionally subject other incentive payments paid to the buyer and may be paid only if the Buyer’s Agent is the actual procuring cause and have properly submitted the correct forms, holds an exclusive buyers representation agreement and has advised the buyers of the terms and condition of sale, abiding by all announcements, procedures, or other direction without claiming any exceptions to any foregoing procedure and having all parties Buyers Broker/Agent and Buyers having completed the online registration form at MyersJackson.bid. All offers must be made through the auctioneer by order of the seller.

Broker payments shall not apply in the case that the buyer is given a discount from the buyer premium, other incentives or other discounts to reduce the required buyer payments. This section shall not apply if a buyer agent agreement exists for compensation between the buyer and the agent’s broker. In the event the Buyer receives any discount or other incentives, and the Buyers Broker holds or does not hold an exclusive buyer representation agreement the Listing Broker/Auctioneer will not pay any Buyer Broker Compensation unless an agreement between the parties have been made in writing prior to the execution of the Memorandum of Bid.

Additionally, the Buyer’s Agent shall only be paid a commission after proper offline and online registration of any represented or non-represented buyer with both the Buyer’s and the Buyer’s Broker/Agents’ full and correct information and then by completing the authorized form in writing or by completing full registration in an authorized bidding system.

Myers Jackson Real Estate Auctioneer asks you to consider and think, Transparent Multiple Offers in an open competitive environment, attend live bid openings, or see available bid history online. Most properties may be opened for inspections by schedule. Commissions are variable and based on sliding scale payments at the end of a successful closing payable to the buyer’s broker. Offers made through standard broker procedures may be subject to a compensation of lesser value. Offers submitted through the Broker / Auctioneer’s instructions may be subject to compensation of a higher value. Offers subject to procuring cause. Acknowledgement of Representation must be received by the Auctioneer prior to Buyer placing an offer or contacting the Auctioneer. Myers Jackson is a Licensed Auctioneer 17057, Licensed Real Estate Broker, Accredited Auctioneer of Real Estate. Terms and Conditions subject to change. Disclosures available online at MyersJackson.bid. Call the Auctioneer at 469-460-4848

◦ Buyers may submit any offer. ◦ Buyers bid may be rejected subject to deficiencies. ◦ Any buyer offer presented must be subject to the terms and conditions of sale. ◦ Terms and Conditions must be subject to change without notice. ◦ Auctioneer must award the sellers approved or accepted sale price consistent to required buyer submissions, subject to required payment transactions, (i.e. escrow deposits and auction premiums, buyer premium payments and other auctioneer fees combined with the memorandum of sale, terms, conditions, and closing instructions. ◦ For auctions, all online pre-bidding may start at as low as $1 or other increment as determined by the auctioneer. Some land tracts in the auction are subject to a reserve which is the confidential minimum. Any price offered below such unit must not be sold. During a live simulcast auction the auctioneer may open the bidding on any land tract by placing a bid below the reserve, if applicable, on behalf of the seller. All land tracts are offered subject to confirmation, counter bidding, terms and conditions of sale, with the seller reserving all rights, property owner rights including but not limited to the liberty of bidding. Bid amounts, Offer price or "Buy Now" excludes buyer premiums, taxes, title, license, finance charges, service fee, emissions testing charge, and other fees required or allowed by applicable law; document, transaction, attorney, documents and prep fees, which vary by state. Valid only on acre.bid (http://acre.bid) or acreage.bid see local broker/auctioneer for details; void where prohibited. ◦ Land tracts my be sold divided, separated, in any part, combined tracts or as a whole as published, announced, or re-designed, re-drawn, described, determined, or re-aligned by the auctioneer to include but not limited to a sale of described property off-line, online, live, simulcast or any combination there of. Any and All tracts must be subject to the let it ride provision that allows auctioneer to place, present, reposition or resell in future occurrences For online, live or simulated, simulcast sales, making an offer does not guarantee a sale, even if it is the highest offer received at the close of the sale. Sale of a land tract via online sale or Buy Now is only valid by signing a memorandum of sale, confirmed with bid award by the auctioneer by authorization with the owner of public record. Each land owner has the right at their absolute and sole discretion to refuse any offer or opt not to sell any parcel of land. No offer is valid until expressly accepted by land owner of record. By completing the pre-approved form, you agree that your profile may be used in future notifications by any Myers Jackson Company Affiliations, luxe.auction, acreage.bid, acre.bid, letsgo.auction, myersjackson.hibid, myersjackson.bid, myersjackson.com or any affiliates thereof. The user must agree to the Privacy Notice, Terms and Conditions, and acknowledge you may be contacted by parties associated with Myers Jackson family of companies and acknowledges such once notified at registration or at the instance the user is notified of publication or posting of sale. Buyers understand that you might not prequalify depending on the pre-qualification criteria. Pre-Approvals may not secure a buyers purchase position and shall not guarantee bid award and shall not guarantee any sale in any part or as a whole. Payments are due upon demand being subject to and treated as a cash transaction regardless of financing. You are strongly advised to personally examine, inspect, review title, survey any land tract, real estate or real property in which you are interested before the auction or online sale takes place. All real property tracts are sold AS IS and without recourse and there shall not be any warranties or representations, express or implied, with respect to such land tracts. Auctioneers, real estate brokers or sellers do not make any express or implied warranty or representation of any kind or nature with respect to merchantability, fitness for purpose, correctness of the catalogue or other description of the physical condition, size, quality, rarity, importance, medium, material, genuineness, attribution, provenance, period, culture, source, origin, exhibitions, literature or historical significance of any land tract sold. The absence of any reference to the condition of a lot does not imply that the lot is in perfect condition or completely free from wear and tear, imperfections or the effects of aging. No statement, whether written or oral, and whether made in the listing, or in supplements to the listing, an advertisement, a bill of sale, a salesroom posting or announcement, the remarks of an auctioneer, brokers, agents or otherwise, shall be deemed to create any warranty, representation or assumption of liability. All sales are final. No returns accepted without forfeiture of all deposits to include buyer premium payments, earnest money deposits, or other payment paid in advance of closing. *Myers Jackson is a Real Estate Broker, Auctioneer and cooperates with Real Estate Brokers and Auctioneers in multiple jurisdictions worldwide subject to the owners of record authorization, estate appointments, court orders, institutional directives, legal filings or other documented order to disburse, sale, liquidate, or otherwise transfer ownership . Subsidiaries, company names, corporations, limited liability companies, partnerships, joint ventures, including pointers to market and advertise the sale of property via web URLs, announcements, podcasts, webcast, printed and internet publications, social media outlets, social distribution, public, private or otherwise shall not be limited by any person, entity or agency during the lawful operation by any use of the Brokers, Auctioneer under agreement and authorized by the Sellers of Record or Appointment Thereof. Myers Jackson is licensed in multiple jurisdictions with headquarters located in Dallas County Texas.

4 Properties-TX-LA-NM Real Estate Auction