Buying at an auction
There's an auction coming up this weekend in LA that we are interested in but we have only bought Properties the conventional way and are not familiar with auctions. Besides the logistics of bidding and payment , do you usually go with your agent and who represents you with the deal? The terms state that an agent has to register 48 hours prior to auction and be present at auction to get 50% of commission. If I don't bring an agent is the auction realtor getting the full commission and handling paperwork/escrow for both parties? How does it usually work ? Thanks !