Why Auctions

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Why Choose Auctions
 

WHY AUCTIONS

Seller's Guide (Benefits)

  • No Commissions paid by seller.
  • Non-contingent offers on your property.
  • Creates a sense of urgency and requires a decission by existing interested parties.
  • Target markering and concentrated advertising campaign maximizes the return.
  • Sellers will receive, through open competitive bidding, the highest offers available on the market.
  • Established True Market Value via open competitive bidding.
  • Seller controlled terms of the transaction.
  • Considering the time value of money and ongoing interest costs, the Accelerated Auction Marketing may potentially yeild a higher net than might be obtained at a later date.
  • The Seller and all creditors can confidentially plan and make commitments knowing the property will be sold for the best price available on a specific date.
  • Auction sales generally close in 30-days or less from the date of the auction.

Buyer's Guide (Benefits)

  • 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 elimanate long negotiation periods.
  • Auctions reduce time and energy 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 dilligence packet.
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