Raine and Horne

= Compliance = If applicable * DISCLAIMER: The processes described in this document are general advice and does not take into account any state specific legislative requirements, office procedural checks or compliance checks. ProcessPlus may from time to time change and this will not be reflected in any static collateral. ProcessPlus remains the property of Raine & Horne Group and it is a breach of copyright to share this or to use the systems outside the Raine & Horne network. By using ProcessPlus you agree to indemnify Raine & Horne Pty Ltd for any and all claims that may arise in doing so. © 2020 Raine & Horne Pty Ltd. All rights reserved. Auction Day of auction: open property or attend onsite 30mins prior and setup as per auction checklist Attend open/inspection and set up as per OFI checklist Week prior to auction: call and send auction invitation via DesignPlus to all enquiries, attendees and hot buyers Make follow up calls within 24-48 hours of OFI to all buyers and update in CompassPlus Attend vendor meetings and make changes to listing as per instructions (marketing, copy)* Prepare and send owner feedback report in CompassPlus including Amplify dashboard URL 1-day before auction: preauction meeting to reconfirm auction campaign and reserve price Call or SMS vendor post inspection via CompassPlus app Register all attendees via CompassPlus app and send contract/documents to qualified buyers Leave DesignPlus thank you card for vendor/tenant* at the end of the open Passed in with no buyers Passed in with potential buyers Sold Under Hammer Prospecting: notify past clients, past appraisals and hot buyers of new listing Send buyer match from CompassPlus/DesignPlus to targeted buyers Notify neighbours along with ‘Just Listed/Auction’ DL letterbox drops Continuously work your buyers, follow up all buyer enquiries and monitor all digital campaigns Open For Inspection Private Inspection Reconfirm OFI times with vendor and tenant* at least 2-days prior to open 1-day before open: monitor listing file/OFI checklist and prepare OFI pack Register all attendees via Register Bid and CompassPlus app Yes No Was this successful? Continue to: Selling Congratulate vendor and purchaser and complete the exchange of contract/confirmation of deposit Negotiate with buyer and vendor privately to try achieve a satisfactory deal under auction terms Conversation with vendor to discuss new strategies (new auction, private treaty or withdrawal) Schedule and diarise weekly vendor and buyer meetings Auction property Confirm any updates to the auction contract with solicitor* 1-day before auction: send SMS reminder from CompassPlus to all attendees and enquiries 1 If investment, connect purchaser to PM department Notify interested parties of sale result Next Step: Sale to Settlement Sold sticker on signboard* = Compliance = If applicable * DISCLAIMER: checks. Proces to share this o © 2020 Raine Attend open/inspecti and set up as per OF checklist 1-day before auction: p auction meeting to reco auction campaign and re price 1-day before open: mon listing file/OFI checklist prepare OFI pack Confirm any updates the auction contract w solicitor* Next Step: Sale to Settlement Sold sticker on signboa 106 |

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