Thursday, November 17, 2011

Why sell real estate at auction?

Why selling at auction?

  • Real Estate Auction offer the seller another option.
  • Auctions create competition among buyers. Consequently, the Auction price can exceed the price of a negotiated sale.
  • An Auction generates excitement and heightens buyer interest.
  • An Auction creates the most exposure in the shortest period of time and accelerates sales.
  • Requires that potential buyers be registered and qualified with certified funds on the day of the Auction.
  • Eliminates high seller carrying costs -- such as interest, taxes, and maintenance.
  • Eliminates high seller carrying costs -- such as interest, taxes, and maintenance.
  • Auction is a true market forum.
  • A seller can plan and select the date they want to sell. They control the sales process.
  • A seller sets the terms and conditions of the sale while maintaining control of the property throughout the Auction.
  • Auction eliminates numerous and unscheduled showings.
  • Auction takes the seller out of the negotiation process.
  • Auction is an aggressive, advanced marketing program that increases potential interest in and awareness of a property.
  • A seller is able to obtain liquidity, free up capital and move on to other investments or property decisions. 
Wish to find out more about real estate auctions? Wish to network with other real estate auctioneers? Join the Real Estate Auction Global Network Group

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