Get the free PROXY BIDDING FORM - Sutton Kersh

PROXY BIDDING FORM Date of Auction ...................................................................................................................... Lot Number ............................................................................................................................................................................................................................ I

How to fill out proxy bidding form

How to fill out proxy bidding form:

1. Begin by obtaining the proxy bidding form from the appropriate source, such as an auction house or online auction platform.
2. Provide your personal information, including your full name, contact details, and any identification required by the auction house or platform.
3. Indicate the auction or item you wish to place a proxy bid on by clearly stating its name, lot number, or any other identifying information provided.
4. Specify your maximum bid amount, which is the highest price you are willing to pay for the item. It is important to carefully consider this amount as it will serve as your limit during the auction.
5. Review and understand the terms and conditions outlined on the proxy bidding form. These may include important details about bidding increments, buyer's premiums, and any additional fees.
6. Sign and date the form in the designated area, confirming your understanding and agreement to the terms and conditions.
7. Submit the completed proxy bidding form as instructed by the auction house or online platform. This may involve scanning and emailing the form, sending it via fax, or physically delivering it to the designated location.

Who needs proxy bidding form:

1. Individuals who are unable to attend an auction in person or participate in real-time bidding due to scheduling conflicts, distance, or other reasons.
2. Bidders who want to avoid the pressure of bidding against others present at the auction by having a predetermined maximum bid.
3. Those who prefer to maintain their anonymity during the bidding process and do not wish to reveal their identity to other bidders.

Note: It is important to refer to the specific instructions and requirements provided by the auction house or online platform you are using, as different organizations may have slightly different procedures and variations when it comes to filling out proxy bidding forms.

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What is proxy bidding form?

Proxy bidding form is a document that allows an individual or entity to authorize someone else to bid on their behalf at an auction or sale.

Who is required to file proxy bidding form?

Any individual or entity who wishes to have someone bid on their behalf at an auction or sale is required to file a proxy bidding form.

How to fill out proxy bidding form?

To fill out a proxy bidding form, the individual or entity needs to provide their personal information, the details of the auction or sale, and the name of the proxy bidder.

What is the purpose of proxy bidding form?

The purpose of a proxy bidding form is to authorize someone else to bid on behalf of an individual or entity who may not be able to attend an auction or sale.

What information must be reported on proxy bidding form?

The proxy bidding form must include the personal information of the individual or entity authorizing the proxy bid, details of the auction or sale, and the name of the proxy bidder.