LET'S TALK AUCTIONS!
WHAT IS A REAL ESTATE AUCTION?
A real estate auction is a fresh and effective method of selling real estate. It is an intense, accelerated real estate marketing process that involves the public sale of any property sold live to the highest bidder. Real Estate Auctions are the fast and easy way to sell real estate without paying a commission!
HOW WILL AUCTIONS BENEFIT ME?
The real estate auction is a win-win proposition for everyone
SELLER BENEFITS:
No commission to the seller
Buyers come prepared to buy with certified funds and large deposits
Quick disposal reduces long-term carrying costs, including mortgage, taxes, insurance, maintenance and other related expenses.
Exposes the property to a large number of prospects
Accelerates the sale with preset terms, sale and closing dates, determined by the seller
Creates competition among buyers and a sense of urgency. The auction price can exceed the seller's expectations
Sales are not contingent on financing
Eliminates numerous and unscheduled showings
Saves the seller unnecessary long negotiation process, hassle and haggle free, property sold as-is
Aggressive, predetermined marketing program that increases interest and visibility through, local, regional and national markets
Lower closing costs
BUYER BENEFITS:
The buyer knows the seller is committed, highly motivated and realistic
Buyer determines the purchase price through live and competitive bidding
Smart investments are made as properties are usually purchased at fair market value or below through competitive live bidding
In multi-property auctions the buyers may choose from many properties at the same time and place
Auctions eliminate long negotiations
Purchasing and closing dates are known ahead of time
Buyers know they are competing fairly and on the same terms as all other buyers
Title and mortgage services available:
Find unique and unusual properties available through auctions.
WHAT PROPERTIES ARE SUITABLE FOR AUCTION?
All types of real estate may be sold by auction.
Residential properties: