• Equity Vault Auctions

    Equity Vault Auctions

    Bid Submission
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    This overview is for convenience only. The EVA Bidder Terms & Conditions (“T&Cs”) govern and control.

    Cost

    • No cost to bid.
    • Only the winning bidder pays EVA’s {buyer_prem_decimal279}% buyer premium.

    Winning Bid Deposit & Buyer Premium

    • If your bid is selected, a ${win_bid_deposit} winning bid deposit is due within 24 hours.
    • The deposit is not earnest money, is not credited toward the purchase price, and is not a seller expense.
    • The deposit is applied toward the buyer premium.
    • The remaining buyer premium balance is due at or before close of escrow, per the T&Cs.

    Order of Events

    1) Due Diligence (Before You Bid)

    • View the property and complete all inspections before bidding.
    • All bids are non-contingent.
    • By bidding, you waive applicable statutory rescission rights to the extent permitted by law.

    2) Submit Your Binding Bid

    • All bids are binding once submitted, subject only to the Bid Adjustment Window.
    • You must provide offer price, broker disclosure, requested buyer-broker commission (if any), intended earnest money, funding source, and closing timeline.
    • Proof of funds or lender pre-approval is required as provided in the T&Cs.
    • No bids are accepted in the final 72 hours without proof of funds or pre-approval.

    3) After Selection

    • You (or your broker) will receive a Sale Agreement from the listing broker.
    • The agreement must be signed, as written, by 5:00 p.m. on the second business day after notice of selection is transmitted to you.

    Bid Adjustment Window

    Bidding closes: {auc_close_date}, at 5:00 p.m. (PST)

    • All bids remain sealed until the adjustment window opens.

    How it Works During the Adjustment Window

    • Approximately 72 hours before bidding closes, EVA emails all participating bidders a one-time opportunity to increase their bid.
    • EVA will inform all bidders that the high bid(s) fall within a range (example: “The current highest bid(s) are within a range between $345,000.00 and $350,000.00.”).
    • Increases must be in $3,000 increments, beginning from the lowest amount in the high-bid range (e.g., $3,000 / $6,000 / $9,000, etc.). In the example above, the lowest possible adjusted bid would be $348,000.00.
    • Bid adjustments must be increases from the bidder’s original bid.
    • No fee to increase a bid.*
    • First-time bidders are not informed of the highest bid range.
    • The adjustment window closes 24 hours before bidding ends.
    • No adjustments other than increases from the bidder’s original bid are permitted.

    Why We Do This

    • Reduces last-minute pressure.
    • Encourages thoughtful bidding.
    • Protects early bidders and ensures a fair, orderly process.

    * Bid adjustments proportionately increase the buyer premium and winning bid deposit.

    Buyer obligations to EVA are governed by the T&Cs and are independent of performance under the Sale Agreement.

  • Your Bid Starts Here
    You Are Bidding On:
    {prop_street}
    {prop_city} , {prop_state}, {prop_zip}
     
    Bidding Closes On {auc_close_date} at 5:00 P.M.
     
    Enter your offer, review the details, and submit your bid — no cost to get started.
     
    Let’s get started. This form is where you submit your bid through the Equity Vault Auctions platform. In a few quick steps, you’ll learn how the platform works, enter your offer, confirm your purchase details, and review the auction terms. There’s no cost to place a bid — just follow the prompts and submit when you’re ready. We’re excited to see your bid and appreciate your participation.
  • Equity Vault Auctions

    Equity Vault Auctions

    How It Works

  • You Are Bidding On: 

    {prop_street} {prop_city}, {prop_state} {prop_zip}

    Bidding Closes On {auc_close_date} at 5:00 P.M.

     

     

    This overview is for convenience only. The EVA Bidder Terms & Conditions (“T&Cs”) govern and control.

    Cost

    • No cost to bid.
    • Only the winning bidder pays EVA’s {buyer_prem_decimal279}% buyer premium.

    Winning Bid Deposit & Buyer Premium

    • If your bid is selected, a ${win_bid_deposit} winning bid deposit is due within 24 hours.
    • The deposit is not earnest money, is not credited toward the purchase price, and is not a seller expense.
    • The deposit is applied toward the buyer premium.
    • The remaining buyer premium balance is due at or before close of escrow, per the T&Cs.

    Order of Events

    1) Due Diligence (Before You Bid)

    • View the property and complete all inspections before bidding.
    • All bids are non-contingent.
    • By bidding, you waive applicable statutory rescission rights to the extent permitted by law.

    2) Submit Your Binding Bid

    • All bids are binding once submitted, subject only to the Bid Adjustment Window.
    • You must provide offer price, broker disclosure, requested buyer-broker commission (if any), intended earnest money, funding source, and closing timeline.
    • Proof of funds or lender pre-approval is required as provided in the T&Cs.
    • No bids are accepted in the final 72 hours without proof of funds or pre-approval.

    3) After Selection

    • You (or your broker) will receive a Sale Agreement from the listing broker.
    • The agreement must be signed, as written, by 5:00 p.m. on the second business day after notice of selection is transmitted to you.

    Bid Adjustment Window

    Bidding closes: {auc_close_date}, at 5:00 p.m. (PST)

    • All bids remain sealed until the adjustment window opens.

    How it Works During the Adjustment Window

    • Approximately 72 hours before bidding closes, EVA emails all participating bidders a one-time opportunity to increase their bid.
    • EVA will inform all bidders that the high bid(s) fall within a range (example: “The current highest bid(s) are within a range between $345,000.00 and $350,000.00.”).
    • Increases must be in $3,000 increments, beginning from the lowest amount in the high-bid range (e.g., $3,000 / $6,000 / $9,000, etc.). In the example above, the lowest possible adjusted bid would be $348,000.00.
    • Bid adjustments must be increases from the bidder’s original bid.
    • No fee to increase a bid.*
    • First-time bidders are not informed of the highest bid range.
    • The adjustment window closes 24 hours before bidding ends.
    • No adjustments other than increases from the bidder’s original bid are permitted.

    Why We Do This

    • Reduces last-minute pressure.
    • Encourages thoughtful bidding.
    • Protects early bidders and ensures a fair, orderly process.

    * Bid adjustments proportionately increase the buyer premium and winning bid deposit.

    Buyer obligations to EVA are governed by the T&Cs and are independent of performance under the Sale Agreement.

  • Please Enter The Business Address

  • Broker Representation

  • We're Sorry

    The email address you entered does not match a verified email address in our system.

    Please check that your email address (above) is correct.

    You may continue through the bid process, but your bid will not be considered until EVA can verify your email address and identity.

    We will attempt to contact you using the information you provided. You may contact us at Info@EquityVaultAuctions.Com

  • About Seller

     

    The seller chose an auction-style process to let the market set the price.

     

    Rather than relying on a single opinion, bidders like you collectively establish value through open competition.

     

     

    The final price is not predetermined — it will be shaped by bidder participation.

     

    The current opening bid amount is ${prop_price}. You may bid any amount you wish by simply changing the "Your Bid Amount" below.

  • If you select “No,” please scroll up and click on Your Bid above, then return here and confirm the updated amounts before proceeding.

  • Your Bid
    Property: {prop_street}
    {prop_city}, {prop_state} {prop_zip}
    Out-of-Pocket Summary
    Sale Price (Contract Price)
    		 $ {yourBid}
    EVA buyer premium
    ({buyer_prem_decimal279}%)
    		 + $ {buyerPremium}
    Total Budget
    Your out-of-pocket expense. Not including customary
    buyer-paid closing costs, taxes, insurance, and
    other closing fees.
    		 = $ {yourTotal}
    Seller Proceeds (Estimate)
    Sale Price
    		 $ {yourBid}
    Buyer-Broker Commission
    (Seller-paid, if any) @ {whats}%
    		 − $ {buy_brok_comm_amt153}
    Estimated Net-to-Seller
    		 = $ {seller_net}
    Buyers and sellers will each have additional costs related to title, escrow, recording, taxes, insurance, and financing (if any). These costs are not included above and are governed by the written Sale Agreement.
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  • EQUITY VAULT AUCTIONS – BIDDER TERMS & CONDITIONS

    These Bidder Terms & Conditions (“Terms”) govern all participation in real property auctions facilitated through Equity Vault Auctions, a DBA of Bruce Kepford LLC (“EVA,” “Platform,” “we,” or “us”). These Terms form a binding agreement between the registering individual or entity (“Bidder,” “you”) and EVA. By registering, bidding, or otherwise participating in any auction on the Platform, Bidder agrees to be bound by these Terms.

    Platform-Only Notice: EVA operates solely as an online auction and transaction coordination platform. EVA does not act as a real estate broker, agent, auctioneer, or fiduciary, and does not provide legal advice, negotiation, representation, or contract drafting.

    1. Eligibility and Registration

    1.1 Legal Capacity. Bidder must be at least eighteen (18) years of age and have full legal capacity to enter into binding real estate purchase agreements under Oregon law.

    1.2 Accuracy of Information. All registration information must be true, complete, and accurate. EVA may deny, suspend, or revoke participation for any misrepresentation or omission.

    1.3 Financial Capability. Bidder affirms the ability to complete the purchase, including payment of the buyer premium, any required winning bid deposit, earnest money, closing costs, and all obligations under any Sale Agreement.

    1.4 Right to Deny Participation. EVA may approve, deny, suspend, or revoke participation at its sole discretion.

    1.5 Proof of Funds / Financing Verification. EVA may require proof of funds and/or lender pre-approval at the time of bid submission or within two (2) business days thereafter. No bids submitted within the final seventy-two (72) hours of an auction shall be accepted without timely receipt of required proof of funds or lender pre-approval, as specified by EVA.

    2. Buyer Premium & Winning Bid Deposit

    If the seller selects your bid, you must pay a $3,000 winning bid deposit within twenty-four (24) hours. This deposit is not earnest money, is not credited toward the purchase price, and is not a seller expense. The buyer premium equals 4.5% of the final bid amount. The winning bid deposit is applied toward the buyer premium; the remaining buyer premium balance is due and payable by the buyer at or before close of escrow, in accordance with the closing instructions. EVA may require electronic payment (including Stripe) for deposits when enabled for a specific auction.

    3. Total Budget, Sale Price & Net-to-Seller

    3.1 Total Budget. The Total Budget is the total amount the Bidder agrees to pay in connection with the purchase of the Property if selected. The Total Budget includes the buyer premium payable to EVA. Buyer shall also be responsible for all costs and expenses customarily paid by buyers in Oregon real estate transactions, including, without limitation, escrow and title charges, recording fees, prorations, lender-related costs (if any), and any other Buyer closing costs, except as otherwise expressly agreed in writing by Seller. For convenience only, EVA may display a calculated sale price derived by subtracting the buyer premium from the Bidder’s Total Budget. The seller—not EVA—evaluates bids and selects the winning bid in the seller’s sole discretion.

    3.2 Sale Price. The Sale Price represents the gross contract price offered to the seller before any seller-paid buyer broker commission.

    3.3 Net-to-Seller. The Net-to-Seller is calculated by subtracting any seller-paid buyer broker commission, if applicable and properly disclosed, from the Sale Price. Net-to-Seller is the amount the seller will receive before closing costs customarily paid by the seller.

    3.4 Buyer-Paid Broker Compensation. Any buyer broker compensation owed directly by the Bidder is not included in the Total Budget, does not affect the Sale Price or Net-to-Seller, and increases the Bidder’s actual out-of-pocket costs.

    4. Buyer Representation

    4.1 Disclosure of Representation. At the time of bid submission, Bidder must disclose whether Bidder is represented by a licensed real estate broker.

    4.2 Broker Notification. If Bidder identifies a broker as representative, EVA may notify that broker and provide a copy of the Bidder’s submission.

    4.3 Buyer Broker Compensation. A represented Bidder may elect not to request that the seller pay a buyer broker commission. If the Bidder requests seller-paid buyer broker compensation, the amount or percentage must be disclosed at the time of submission and may not be added or increased after bidding begins.

    4.4 No Undisclosed Representation. No buyer broker commission will be paid by the seller for undisclosed or improperly disclosed representation.

    5. Bidding Procedures

    5.1 EVA–Bidder Agreement; Effect of Bid Submission. By submitting a bid through EVA, Bidder enters into a binding agreement with EVA governing participation in the auction process and Bidder’s obligations if selected. Once submitted, a bid is final and may not be withdrawn or modified, except as expressly permitted during the Bid Adjustment Window under Section 5.7, prior to the close of bidding.

    5.2 Bidder Obligations Upon Selection; Default. If the seller selects a Bidder’s bid as the winning bid, Bidder is required to (i) timely execute the sale agreement presented by the listing broker, as written, reflecting the terms submitted through EVA; and (ii) proceed in good faith toward closing in accordance with those terms. Failure to timely execute constitutes a default of Bidder’s agreement with EVA, regardless of whether a purchase contract with the seller is formed.

    5.3 Liquidated Damages for Default. In the event of default under Section 5.2, Bidder agrees to pay $3,000 as liquidated damages to EVA by 5:00 p.m. on the second (2nd) business day following notice of default. “Business Day” means any day other than a Saturday, Sunday, or legal holiday observed in the State of Oregon. The parties agree actual damages would be difficult to ascertain and this amount is a reasonable estimate; it is not a penalty, not earnest money, and not credited toward the purchase price. Payment does not relieve Bidder of obligations that may exist under a Sale Agreement (if one is formed).

    5.4 Bid Amounts; Bid Adjustments. Initial bids may be submitted in any dollar amount. Any bid adjustment permitted by EVA shall occur only during the Bid Adjustment Window described in Section 5.7. Bid adjustments are limited to one (1) adjustment per bidder, must be made in increments of $3,000, and no fee or administrative charge shall apply to a permitted bid adjustment.

    5.5 Seller Selection. Seller selects the winning bid based on the highest Net-to-Seller amount together with any other factors (allowed by law) seller deems relevant, in seller’s sole discretion. EVA does not advise on, control, or participate in seller’s selection decision.

    5.6 Auction Timing; Administrative Authority. Each auction specifies an opening and closing date and time. EVA may apply a brief administrative grace period not exceeding thirty (30) seconds after scheduled closing to account for network latency. If technical disruption exceeds thirty (30) minutes during active bidding, the adjustment window, or within one (1) hour of scheduled closing, EVA may extend, pause, or reschedule the auction. EVA reserves the right to modify auction timelines, pause bidding, extend closing times, suppress or modify any Bid Adjustment Window, restart an auction cycle, and change status classifications, at its sole discretion.

    5.7 Bid Adjustment Window. Approximately seventy-two (72) hours prior to the scheduled close of bidding, EVA may email eligible bidders and provide a single, one-time opportunity to submit a bid adjustment. Eligibility requires submission of a complete bid prior to the seventy-two (72) hour cutoff. During the Bid Adjustment Window: (i) adjustments are limited to one (1) per bidder; (ii) increases only; (iii) increments of $3,000; (iv) starting point is the low end of the disclosed high-bid range; (v) no fee applies to a permitted adjustment (buyer premium recalculates according to final bid amount); and (vi) the Bid Adjustment Window closes twenty-four (24) hours prior to the stated bidding deadline. First-time bidders on that property who did not meet cutoff are not informed of, or given access to, the high-bid range. Exact bid amounts and bidder identities are never disclosed.

    5.8 Restarted Auctions. If an auction is restarted, all prior bids are terminated and archived, no prior bid carries forward, and the restarted auction constitutes a new and independent bidding cycle.

    6. Platform Agreement vs. Sale Agreement

    6.1 Separate Platform Agreement. Bidder’s participation constitutes a binding agreement with EVA governing platform participation and payment of the winning bid deposit (if selected) and the buyer premium, as applicable. 6.2 No Binding Real Estate Contract. Seller’s selection identifies the intended buyer but does not, by itself, create a binding contract for the sale of real property. A binding sale occurs only when Buyer and Seller execute a written Sale Agreement signed by both parties.

    7. Sale Agreement & Earnest Money

    7.1 Execution Deadline. Winning bidder must execute the Seller-approved Sale Agreement by 5:00 p.m. on the second (2nd) business day following notice of selection, unless otherwise stated in writing by seller. “Business Day” means any day other than Saturday, Sunday, or legal holiday observed in Oregon.

    7.2 Earnest Money. Earnest money is paid directly to escrow pursuant to the Sale Agreement. The buyer premium is not earnest money and is not credited toward earnest money.

    7.3 Brokerage; Sale Agreement Preparation and Execution. If represented, Bidder authorizes Bidder’s broker and the listing broker to coordinate preparation and execution of the Sale Agreement. If not represented, the listing broker—acting solely on behalf of the seller—will prepare the Sale Agreement. No agency, fiduciary, or contractual relationship is created between the listing broker and Bidder. Failure to timely execute the Sale Agreement, or any attempt to modify its terms, constitutes a default under these Terms.

    8. Property Condition, Disclosures & Waivers

    8.1 AS-IS Sale. All properties are sold AS-IS, WHERE-IS, WITH ALL FAULTS, without warranties or representations of any kind.

    8.2 Inspections. Bidder is solely responsible for all inspections and due diligence prior to bidding.

    8.3 Waiver of Statutory Revocation. Bidder knowingly waives any statutory right of revocation under ORS 105.464–105.475, to the extent permitted by law.

    9. Closing & Title

    9.1 Closing Period. Closing normally occurs within thirty (30) days after execution of the Sale Agreement, unless otherwise stated.

    9.2 Closing Costs. Buyer pays customary buyer closing costs.

    9.3 Failure to Close. If the transaction fails to close due to Buyer’s default, remedies are governed solely by the Sale Agreement. EVA is not a party to the Sale Agreement.

    10. Default & Remedies (EVA)

    Bidder is in default if Bidder: (i) fails to timely execute the Sale Agreement as written; (ii) fails to proceed to closing in accordance with the executed Sale Agreement, including any failure by Buyer to perform or any default under the Sale Agreement; (iii) fails to pay any amount due to EVA within required timeframes; (iv) attempts to withdraw or condition a bid after submission; (v) initiates a chargeback or payment dispute; or (vi) otherwise violates these Terms.

    11. Dispute Resolution

    Disputes shall first proceed to mediation in Oregon, followed by arbitration or litigation. Oregon law governs.

    12. Indemnification

    Bidder agrees to indemnify and hold harmless EVA, sellers, fiduciaries, and their representatives from claims arising from Bidder’s participation or breach of these Terms.

  • By signing below, I confirm that I personally checked each acknowledgment box and understand all auction terms and conditions.

  • Signed by: {fullLegal}

  • Your Bid
    Property: {prop_street}
    {prop_city}, {prop_state} {prop_zip}
    Out-of-Pocket Summary
    Sale Price (Contract Price)
    		 $ {yourBid}
    EVA buyer premium
    ({buyer_prem_decimal279}%)
    		 + $ {buyerPremium}
    Total Budget
    Your out-of-pocket expense. Not including customary
    buyer-paid closing costs, taxes, insurance, and
    other closing fees.
    		 = $ {yourTotal}
    Seller Proceeds (Estimate)
    Sale Price
    		 $ {yourBid}
    Buyer-Broker Commission
    (Seller-paid, if any) @ {whats}%
    		 − $ {buy_brok_comm_amt153}
    Estimated Net-to-Seller
    		 = $ {seller_net}
    Buyers and sellers will each have additional costs related to title, escrow, recording, taxes, insurance, and financing (if any). These costs are not included above and are governed by the written Sale Agreement.

  • Signed by: {fullLegal190}

  • Signed by: {fullLegal187}

  • By submitting this form, you are placing a binding bid.
    If selected as the winning bidder by the seller, you are obligated to proceed with the purchase.

     

    All bids are final, cannot be withdrawn and may only be increased one time, and only during the bid adjustment window as stated in the EVA terms and conditions.

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