How This Auction Works

This auction features four Vermont properties located in Vernon and Guilford. To provide the best opportunity for both individual buyers and investors, the properties will be offered using a multi-parcel auction format.

Step 1 – Individual Property Auctions

Each of the four properties will be offered separately. Bidders may register and bid on one property, multiple properties, or all four properties.

Step 2 – Portfolio Auction

After bidding on the individual properties has concluded, all four properties will be offered together as a single combined offering. This gives buyers the opportunity to bid on all four properties at once and compete with the combined total of the individual high bids.

Step 3 – Determining the Final Sale

At the conclusion of bidding, the auctioneer will compare the combined total of the high bids received for each individual property with the highest bid received for all four properties together.

The properties will be sold using the bidding method that produces the highest overall purchase price:

• If the combined total of the individual high bids is greater, each property will be sold separately to its respective high bidder.
• If the highest bid for all four properties together is greater than the combined individual high bids, all four properties will be sold together to that high bidder.

This auction format is designed to maximize value while providing buyers with the flexibility to purchase an individual property or compete to acquire all four properties together.

If you have questions about the auction process, bidding, or registration, please contact The Thomas Hirchak Company at 802-888-4662 or email us at info@thcauction.com before auction day.