b'Ive won a lot at the Conditional Auction. Whats next? Congratulations on your conditional auction win!You have now entered into a reservation period and have 20 working days to exchange on the property.We will contact you if you are the successful bidder and will need to pay the reservation fee (contact Auctioneer for details and amount) of the purchase price. This is payable immediately and is in addition to the purchase price.We will automatically charge you the fee (contact Auctioneer for details and amount). Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately at the end of the auction, if your bid is successful. You should check the Reservation Contract document contained as part of the legal documents for each property.A reservation agreement is produced at the end of the auction and the agent is authorised to sign this on behalf of both the successful buyer and the seller to evidence that an exclusivity agreement is in place between both parties. You then have 20 working days to exchange on the property and a further 20 working days for completion (unless otherwise stated or agreed by the seller).'