Selling at Auction

The true value of real estate is set by a competitive market. The fastest, most direct way to discover your property’s value is with a real estate auction using an accelerated, customized marketing campaign designed to maximize the number of qualified buyers to bid on your property. All interested parties gather in one place at one time to compete against each other for your property.

In this economy more sellers are quickly realizing the many benefits of the auction process. It has become the smart choice for selling properties of all types, sizes, and values.

BENEFITS TO THE SELLER:

• Buyers come prepared to buy
• Quick disposal reduces long-term carrying costs, including taxes & maintenance
• Assurance that property will be sold at true market value
• Exposes the property to a large number of pre-qualified prospects
• Accelerates the sale
• Creates competition among buyers - auction price can exceed the price of a negotiated sale
• Requires potential buyers to pre-qualify for financing
• The seller knows exactly when the property will sell
• Eliminates numerous and unscheduled showings
• Takes the seller out of the negotiation process
• Ensures an aggressive marketing program that increases interest and visibility

Learn more about how our services can help you sell your real estate at auction.

Buying at Auction

Auctions let bidders quickly, easily, and effectively buy property at fair market value. Lengthy and difficult negotiations with sellers are effectively eliminated. Buyers can purchase a particular piece of property, with pre-determined terms, on a set date and time. Buyers have complete control of price. Buyers name the price they wish to pay. The process allows property to always sell for fair market value. Bidders benefit from the transparency of auction sales. They know that they'll pay the true open market price for a piece of real estate.

BENEFITS TO THE BUYER:

• Smart investments are made as properties are usually purchased at fair market value through competitive bidding
• The buyer knows the seller is committed to sell
• In multi-property auctions the buyer sees many offerings in the same place at the same time
• Buyers determine the purchase price
• Auctions eliminate long negotiation periods
• Auctions reduce time to purchase property
• Purchasing and closing dates are known
• Buyers know they are competing fairly and on the same terms as all other buyers
• Buyers receive comprehensive information on property via due diligence packet

Learn more about buying at an auction and how to bid.