Professional support built around a clear process.
Where assets are lawfully available for disposal as part of a recovery process, professional auctioneering can provide an orderly route to sale. FANSA can support the auction component of a recovery assignment once the necessary authority and instructions are established.
What this service covers
Recovery Sale Coordination
Supporting the auction sale process after receiving the appropriate instruction.
Asset Preparation
Organising asset descriptions, viewing arrangements and buyer-facing information.
Auction Administration
Coordinating registration, bidding and post-auction communication according to the applicable terms.
Sale Completion Support
Communicating successful sale information and the next steps required under the published conditions.
How the process works
The exact requirements can vary by assignment, but the typical FANSA process follows these stages:
Confirm Authority
Review the recovery instruction, authority to sell and any applicable court, regulatory or contractual requirements.
Asset Preparation
Organise asset information, notices, viewing arrangements and the documentation required for the auction.
Buyer Registration
Communicate the registration requirements, auction conditions and bidding procedures to prospective buyers.
Conduct the Auction
Run the auction in accordance with the authorised instructions and published conditions of sale.
Post-Auction Process
Communicate the result and coordinate the payment, documentation, collection and other required completion steps.
Contact FANSA with the asset details, your objective and any relevant auction instructions.
Contact FANSA →