Welcome continued
Benefits to the seller:
- Pay zero Real Estate commission - that's right, none!
- Accelerates the sale reducing long-term carrying costs, including taxes & maintenance
- Know exactly when the property will sell at true market value
- Eliminates numerous and unscheduled showings
- Takes the seller out of the negotiation process
- Buyers come prepared to buy
- Creates competition among buyers
- Requires potential buyers to pre-qualify for financing
- Provides an aggressive marketing program that increases interest and visibility
- Transaction details are handled for you once the bidding is complete
Benefits to the buyer:
- Smart investments are made as properties are usually purchased at fair market value through competitive bidding
- Buyers determine the purchase price
- Buyers bid from the comfort of their homes in a fair, open auction environment
- 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
- The buyer knows the seller is committed to sell
- Home can be inspected the weekend of the auction
- Transaction details are handled for you once the bidding is complete
Benefits to Realtors®:
- Offers clients and customers additional selling and purchasing options
- Property is sold within a relatively short period of time
- Exposes the property to many potential purchasers
- Successful auctions result in referrals and return business
- Agents can earn commissions as referring agent/broker, cooperating agent/broker, or as the listing agent/broker
Interested? For more information choose the header tab that applies to you (bidders, sellers, Realtors)
