Why a starting bid of $500,000? Simple fact...I do not know what you are willing to pay until you tell the Auctioneer. Consequently, the Seller has hired the Auctioneer to find out what you are willing to pay. Therefore, multiple offers in a competitive manner is authorized. You must be willing to show proof of funds, and must be willing to make a competitive offer. Additionally, you must agree to the terms and conditions of sale. Moreover, Buyer's, have your agent present a Buyer’s Representation Agreement to enter the property, or JUST ATTEND THE OPEN HOUSE. Each party must register. Myers Jackson, Auctioneer under the direction of the seller may process and execute bids submitted (offers) that satisfy the sellers right to reservation, liberty of bidding, counter-bidding or other rights. Subject to online and or offline Terms, Conditions of Sale, Offer, Price, Seller Confirmation, *5%-*15% (Buyer's) or Auction Premium ~ TDLR 17057 (*terms, conditions of sale must dictate the amount of the auction (buyer's) premium, announcements made by the Auctioneer are authorized by the seller) Appointments to view the property is scheduled by *Auctioneer*, NOT BROKER BAY, NOT SHOWING TIME. The *AUCTIONEER* Buyers can make a bid with or without Buyer Broker Representation. Auctioneer represents the seller. The terms of sale posted by the Auctioneer must take precedence. Did a real estate agent tell you that ... you don't stand a chance.*DO NOT BELIVE THEM*. Insist your bid (offer) is known to the Auctioneer. INSIST you have an opportunity. ATTEND a OPEN HOUSE, Come out, BE PRESENT, ask questions when the AUCTIONEER is ONSITE. Be informed, be aware, take a look at the property during the scheduled times. If the REAL ESTATE AGENT does not understand how a buyer can make an GREAT PURCHASE through an Auction...just advise the Agent to find out how. *If you ARE told YOU CAN'T*...*THAT IS WRONG*...come see the Auctioneer, Call the Auctioneer, Message the Auctioneer. MAKE A DEAL