Auction Benefits for Sellers

 
  • Creates competition among buyers
  • Stimulates the market and increases buyer Interest
  • Accelerated marketing program increases buyer interest and awareness of the property
  • Exposes the property to a large number of pre-qualified prospects
  • Requires that potential buyers pre-qualify for loans
  • Property sold “as is” without contingencies
  • Eliminates high seller carrying costs (utilities, maintenance, etc.)
  • Accelerates the sale; the property can be sold within 30-60 days of listing
  • Can elicit pre-auction offers on the property 
  • Reduces the time property is on the market
  • Seller knows exactly when the property will sell
  • Brings interested buyers to a point of decision where they must act now or lose the opportunity to purchase
  • Takes the seller out of the negotiating process
  • Seller sets the terms and conditions of the sale and maintains control of the property
  • There is no seller-paid commission (the buyer pays our commission in the form of a buyer’s premium)