Four steps, one date, and every cost stated up front. First time bidding on real estate? This page is for you.
Create a free account and register for the current Lineup. It takes about five minutes. A credit card verifies your identity and is never charged, and there’s no proof of funds at registration.
Everything happens before you bid. Read the lot’s document library: title commitment, disclosures or survey, and terms of sale. {{ visitLine }} and bring your inspector, lender, or broker.
Working with an agent? They can register you through the Broker Participation Program before the close and earn 3% when you win and close.
See the properties in the {{ sale.shortName }} →Bidding opens about two weeks before each Lineup closes. {{ bidWindow }} Bid from anywhere. On multi-tract lots, bid on a single tract, a combination, or the whole property.
Every Lineup is conducted by World Champion Auctioneer Craig Meier.If you win, you sign the purchase contract on sale day and send 10% earnest money by wire or certified funds. You close at a North Texas title company in 30 to 45 days.
Auction contracts aren’t contingent on financing, appraisal, or inspection. If you’re financing, have full approval before you bid.
A 10% buyer’s premium is added to the winning bid to set the contract price. Earnest money is 10% of the contract price. Closing costs follow the usual Texas practice.
Download the buyer’s guide (PDF) ↗An illustration, not an offer. Each lot’s terms of sale govern.
Ten days before each close, this checklist appears on the homepage and every property page. Tick things off; it remembers.
No. Bidding is entirely online at bid.landmanauctions.com, from registration through the close. We encourage you to see the property first, at an open house or a private showing.
Nothing. A credit card verifies your identity; it is never charged. The only buyer cost from the auction is the 10% buyer’s premium, and only if you win.
Yes, but the contract isn’t contingent on it. Have full underwriting approval before you bid, and confirm your lender can close in 30 to 45 days. Only bid what you’re confident you can close.
You’ll receive the purchase contract to sign electronically, then send 10% earnest money by wire or certified funds. The title company takes it from there.
Yes. Your agent registers you through the Broker Participation Program before bidding closes and earns 3% when you win and close. Buyers can’t be registered after the fact.
It depends on the lot. Each lot’s terms of sale, in its document library, say whether it sells with a reserve or absolute.