How Does a Seller Benefit from Real Estate Auctions?

• Seller pays no commission! A Buyer’s Premium compensates the Brokers and Auction Specialist
• Property is sold "as is, where is" without contingencies. All inspections, document reviews and loan arrangements are compete prior to the auction date. Buyers come prepared to buy!
• Assurance that property will be sold for true market value
• Accelerated marketing time which reduces holding costs, taxes and maintenance and ensures an aggressive marketing program that increases interest and visibility
• Your property is exposed to a large number of pre-qualified prospects. You will have more potential buyers at your property in one day then you will have in one year!
• The seller sets the terms and conditions of the sale and knows exactly the time and date when the property will sell
• Once the auction-marketing program begins you will freeze the market in your neighborhood. Competitive properties that are for sale in the area are virtually eliminated until the auction sale is completed. All eyes are on your property!

How Does a Buyer Benefit from Real Estate Auctions?

• Buyers know they are competing fairly and on the same terms as all other buyers
• Confident investments are made as properties are usually purchased at fair market value through competitive bidding
• The buyer knows the seller is committed to sell
• Purchasing and closing dates are known
• Buyers determine the purchase price
• Long negotiation periods are eliminated
• Buyers receive a comprehensive information package on the property in order to do due diligence
• Broker, Realtor and Salesperson participation are encouraged