A Fair Way to Divide
Auctions are the best and fairest way to settle an estate, divorce or end a partnership. All parties are given the opportunity to bid with the rest of the public and purchase at a fair price to all.
A Quick Process
The number one advantage of the auction process is the speed of the process. From the time of booking to closing is usually six to eight weeks. The auction itself may take less than 30 minutes. Auctions are a great way for individuals or businesses with a deadline.
No Limit
With private sales, sellers run the risk of overpricing their property and seeing very little interest or under-pricing their property and selling it for much less than it is worth. At an auction, the price is determined by the highest bidder with no cap on the final bid.
Knowing When Your Property Will Sell
When the auction date is set, you know when your property will be sold and closed.
Contingencies Erased
Property sold by the auction method is sold without contingencies. This means the property is sold “as is.” Prospective buyers are given time to view the property prior to the auction. Inspections and financing contingencies are eliminated. The only guarantee you make is to provide a clear and marketable title.
Shine The ’Big Light’ On Your Property
The advantage is your real estate will be marketed to potential buyers it would have not been marketed to otherwise. Bright signs and big ads in the newspaper focusing on your property will have a better chance of catching the eye of prospective buyers. I notify local Realtors and invite them to bring their customers local and out of town to bid on your property.
Auction Excitement
Nothing compares to the atmosphere and excitement of an auction. Every potential buyer coming face to face at the same time creates a competition and more emotion than any private showing.
Use A Trusted Local Company
You can come by my office during the planning and marketing phase and know you are dealing with the most successful real estate company in Bay County to sell your real estate at auction!