3) At the beginning of the auction, I will quote the starting price and the increase in price of the auction target. Bidders who respond to the starting price can raise their license plates, and please raise them above your head.
4) I have the right to temporarily adjust the price increase based on the on-site situation, which means I can increase or decrease it.
5) When the bidders present acknowledge that my markup is too small and are willing to add,, or even1million yuan, please verbally quote the price you have added and hold up your license plate.
6) When two or more bidders at the same price raise their plates, the auctioneer has the right to confirm the first to raise the plate.
7) When the highest price appears in the entire market, I still need to give other bidders three opportunities to increase the price. I will express it in this way,\"First, Second, Last (or Third)\". If no one increases the price after the three opportunities, I will decide whether to close the deal based on the reserved price. If the reserved price is reached or exceeded, I will strike the wooden mallet in my hand to indicate the deal, The transaction price obtained by hammering has legal effect, and no one has the right and cannot retract, nor can they overturn or change my transaction price, otherwise they will bear legal responsibility.
8) After striking the hammer, I will announce the buyer of the target on the spot. Please sign the \"Auction Confirmation Letter\" with our pany on the spot and pay the payment and mission to our pany in accordance with relevant regulations.
9) Please carefully read the bidding documents sent by our pany for other terms
Auction documents in people\u0027s hands. Here, we would like to remind everyone that your listing, bidding, markup, verbal quotation, and even transaction will be deemed as if you have fully understood, agreed to, and are willing to ply with the auction rules and terms required in our auction documents and transaction confirmation.”
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