Answer: We require the homeowner to maintain their homeowner’s liability in force during the sale on the property in at least an amount equal to $100,000 per person per occurrence. Since the general public will be invited to the sale, you must be protected against accident or injury. In addition, we ask the owner to provide a key to the front door of the premises and they must allow us to come and go to do setup prior to the sale week. If a burglar alarm is present, we also must have the pass code.
Additionally, we need a POA (Power of Attorney) from the designated agent submitted prior to starting any sale