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Here are some advantages to using an auction service:
• Creates competition between buyers resulting in higher price
• Creates a set sale date eliminating guess-work as to when a property will sell
• Offers sellers an alternative marketing option
• Exposes the property both locally and nationally
• Typically requires buyer to pay both transfer taxes resulting in a 1% savings to seller
• Takes the seller out of the negotiation process and eliminates time consuming contingencies
• Allows seller to free up capital on a timetable to his/her advantage
• Auctions signs create attention and urgency for action
• Properties are generally sold within 6 to 8 weeks of listing
• A buyers down payment is 10% thus creating a bigger commitment
• A seller knows exact date when the property will sell and when proceeds will be received
• Allows seller to set terms and conditions of the sale
• Eliminates high seller carrying cost such as interest, taxes, heat, sewer, water, maintenance, etc.
• Brings interested buyers to a point of decision.
Visit our about us page to learn more about our experience and knowledge. We look forward to providing quality auction services to meet your needs. You may also submit a request for further assistance from our contact us page.
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