Auction Timeline

                                                                                   Days Prior to Event

Client approval and property information...........................

Order title abstract & binder (if approved) ..........................

Property inspection and photographs...................................

Place Magazine and Print Adds.............................................

Information to www.naaauctions.com or Proxybid.com....

Signage installed.......................................................................

Brochure information to printer ............................................

Layout and proof newspaper ads .........................................

Broadcast Fax and/or Email #1...............................................

First newspaper ads run .........................................................

Proof Brochure..........................................................................

Mail Brochures..........................................................................

Seller update #1........................................................................

Broadcast Fax and/or Email #2...............................................

Mail Brochures.........................................................................

Prepare Purchase Agreements...............................................

Seller update #2.......................................................................

Open for inspection.................................................................

Telemarketing..........................................................................

Broadcast Fax and/or Email #3..............................................

Seller update #3........................................................................

Prepare Bidder Packets - updates..........................................

Deadline for Broker Registration - 5:00 PM.........................

Auction registration ................................................................

Sale Day.....................................................................................

Follow-up and closing.............................................................

TexTerra Auctions, L.L.C.

1601 W. 38th Street, Suite 208

Austin, Texas 78731

45-90

45-90

45-90

45-90

45-90

45-90

45-90

45-90

45-90

30-45

25

25

21

21

14-21

14

14

10

10

7

7

7

2

1-hour prior

--0--

Post auction 1-30 days

TexTerra Auctions1601 W. 38th. St., Suite 208    Austin, Texas   78731512-419-9052www.texterraauctions.com

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