Auction

Discussion in 'The Buying & Selling Process' started by Jayc__, 21st Jul, 2012.

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  1. Jayc__

    Jayc__ Member

    Joined:
    1st Jul, 2015
    Posts:
    5
    Location:
    Melbourne
    Hi,

    As a agent, what actions could i pursue if the agency markets, advertise and scheduled a date for the acuction?

    1) The bank approach a real estate agency and they advise that they will exercise a sale on a property and will be conducting a mortgagee sale on a property and want to do it by auction in 45 days time.

    2) 2 weeks prior to the auction, the bank advise the agency that they are not going ahead as the customer has brought payments up to date.

    what actions can i pursue????

    Thank you
     
  2. Simon Hampel

    Simon Hampel Founder Staff Member

    Joined:
    3rd Jun, 2015
    Posts:
    12,412
    Location:
    Sydney
    Why do you need to pursue action? Have you incurred costs that you wish to try and recover?