Info for Buyers and Agents - The Sterling Auction and Realty

Info for Buyers

Below are answers to the most commonly asked questions:

Property is sold cash-as-is and is sold subject to owner confirmation. However, I do guarantee a free and clear title with no liens, violations or backed taxes or your money back.
If the bid is accepted the Buyer has 30 days to close.
Buyer is responsible for state deed tax, title policy and current year taxes.
There is a 10% buyer’s premium added to the total purchase price. It is due the day of sale. You must have a 5,000 cashiers check (St. Lucie County) 10,000 ( Broward, Dade, and Palm Beach county) made out to Sterling Auction and a blank personal check in order to bid.

Info for Buyers

We keep it straightforward and stress-free for buyers. Check out these quick facts:

Question	Answer
How is the property sold?	Cash, “as-is,” subject to owner confirmation. We guarantee a free & clear title—no liens, violations, or back taxes. Money-back guarantee if not.
How long until I close after my bid is accepted?	You have 30 days to complete the closing.
What additional costs am I responsible for?	State deed tax, title policy, and current year’s taxes.
Is there a Buyer’s Premium?	Yes, there’s a 10% Buyer’s Premium added to the purchase price.
What do I need to bid?	For St. Lucie County: a $5,000 cashier’s check made out to Sterling Auction plus a blank personal check. For Broward & Dade County: a $10,000 cashier’s check plus a blank personal check.

Commission Structure:

Buyer’s agents: Upon closing of subject property your brokerage will be paid 1.5% commission.
Seller’s agents: If you bring an auction to us we will split the buyer’s premium with you! That equates to a 5% commission and we will do the work!

Info for Agents

We reward agents who team up with us. It’s simple, fair, and sets you up for success:

Role	Commission Structure
Buyer’s Agents	Earn 1.5% commission upon closing of the property your client purchases.
Seller’s Agents	Bring an auction to us and we’ll split the buyer’s premium—meaning you earn a solid 5% commission while we handle all the legwork!

We always respond in a timely manner, and we look forward to working with you soon.

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