January 21, 2011

Auction Revolution by Evolution:

Evolution Realty are proud to present this showcase of outstanding properties, all of which are offered for Auction on Saturday 19 February 2011 from 12pm at the South of Perth Yacht Club in Duncraig Road Applecross.

Buyers and members of the public are welcome to both inspect the properties during the pre auction period, at the open times detailed in this booklet, and also attend on Auction day.

Evolution Realty and the Sellers of these properties have committed to this process in order to realign the market. Recent months have seen “selling constipation” as buyers display their reticence to commit to purchasing and many Sellers have placed their properties on the market at aspirational prices. We hope that by taking price out of the equation you will be able to concentrate on the property itself and its suitability to your needs. Buyers can rejoice in the fact that if they are serious about buying, then each of the Sellers in this booklet are serious about selling!

It is anticipated that each Auction will take 10 to 15 minutes. Reserve prices will be set on the day and will not be disclosed. Each of the properties can be sold prior to the Auction day, so if you are in a position to buy prior to Auction please feel free to make an offer.

Generally Auction terms are narrow and restrictive to Buyers. Generally we see deposits in the order of 5 to 10% of the purchase price, settlement terms of 30 days or less and offers being made as cash unconditional. In order to overcome this seeming unfairness, each of the properties, regardless of price is subject to the same, very liberal, conditions.

Deposit is $20,000 payable on fall of hammer

Settlement is on or before 4 April 2011 (7 weeks from the Auction date)

Bids and offers CAN be made subject to finance

Sellers will provide a timber pest and building inspection at their cost

We look forward to meeting you during the campaign and perhaps even on Auction day.

See you at the opens…………..IB (Ed)