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Why Sell at Auction?


1. IT’S A QUICK SALE. An auction affords property owners to dispose of property now at today’s prices.

2. HIGH CARRINGY COSTS ARE AVOIDED. All properties incur costs during private negotiating marketing period. The sooner it sells the less carrying costs incurred. More money for the seller.

3. PROPERTY MARKET VALUE CAN BE DEMONSTRATED. Instead of relying on the appraiser to assign an asking price, the auction method shows what people are willing to pay. Moments before the final bid, another bidder serious about buying will bid just a few dollars more. The selling price is truly market driven.

4. AUCTIONS RECEIVE MAXIUM MARKET PLACE EXPOSURE. Auction companies saturate the market with advertising four to six weeks prior to the event.

5. AUCTIONS FREEZE THE MARKET. Every current buyer will at least come and investigate the property selling. The market is frozen. The opportunity to make what may be a good buy, as a practical matter, forces buyers to at least wait until the auction is held.

6. EXPOSES THE PROPERTY to a large number of pre-qualified buyers.

7. OWNER NEVER HAS TO WORRY ABOUT SELLING TO CHEAP. The property will bring today’s market price in the fastest possible way.

8. AUCTIONS ELIMINATE UNTIMELY SHOWINGS
. We will have three open house showings each
1-1 1/2 hours long where everybody will have a chance to inspect the property.

9. AUCTIONS TAKE THE SELLER OUT OF THE NEGOTIATIONS. The best case scenario in selling with a real estate agents is two buyers each making offers trying to “out bid” each other. At auction you already have the buyers there making offers. You as the seller sit back and wait till the last and best offer.

10. YOU DON’T HAVE TO PAY US. When charging a 6-10% Buyers Premium the buyer is charged. The Seller only pays marketing costs.

Why Buy at Auction?

1. Purchase property at fair market value.

2. Never has to worry about paying too much.

3. Eliminates long negative haggling negotiation periods.

4. Reduce time to purchase property.

5. Gain confidence as they compete.

6. Do not have to worry about contingencies because purchasing and closing dates are known.

7. Feel better about a purchase ~ just knowing there is a contending bid just one increment under purchase price.

8. Buyers know property owners are motivated to sell.

9. Buyers know property owners sell at lowest price possible.

10. Buyers can receive favorable financing.

11. Buyers set their own purchase price.

 

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