Auctions have been around since before 500 BC. They are exciting and entertaining, besides effective for both Sellers and Buyers. It is one of the few forums where both the Seller and Buyer leave satisfied.
BENEFITS TO THE SELLER:
Buyers who attend auctions come prepared to buy Fast sale, no long term waiting or costs such as taxes and insurance Property sells for true market value Makes the property known to a large number of prospects Accelerates the sale and closing Fosters competition amoung buyers to obtain best price All buyers are qualified to purchase. No qualifying contingencies. Exact date of sell is known to Seller Saved Seller from countless and unscheduled showings Removes seller out of the negotiation process and let's buyers compete Aggressive marketing increases interest and visibility
BENEFITS TO THE BUYER:
Smart investments are made as properties are usually purchased at fair market value through competitive bidding The buyer knows seller is committed to sell You as Buyer determine the purchase price No long negotiations Quick purchase and closing to reduce time Closing date is known Buyers all compete faily with each other. No unknown negotiations.
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Auction Education
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Want to learn the auction business. Ideal for real estate professionals.