Benefits of Selling Real Estate At Auction
Auction marketing is faster and more effective than any other real estate marketing method.
Speedy Process, Quick Turnaround
An auction is immediate. It happens during a set time and is completed during that time. It's quick and efficient.
You Set the Time and Place of Your Sale
It's as simple as that. You work with Auction Brokers to schedule what works best for you.
You Know Exactly When Your Property Will Be Sold
There's no wondering whether or not your property will sell. As soon as we reach your reserve, it WILL sell and it will sell during the set auction time.
Comprehensive Marketing of Your Property
Part of conducting an auction is marketing it to the general public to get as many people there as possible.
Buyers Come Prepared to Buy
Auction goers come with money in their wallets, pockets and hands and are prepared to come home with property. It's a seller's delight. For real estate auctions this is especially advantageous because buyers must qualify to buy through a deposit of cash, or a cashier's check.
There is no haggling over price. The auction method is quick and efficient. When people bid, they make a commitment to buy the property at that price without discussion or debate.
Auctions motivate buyers to perform. People get caught up in the competitiveness of the bidding and many times this drives the price of items higher. To some it's like a game, and they want to win at all costs (or hopefully for you, at high costs!) And did you know that 9 times out of 10, an auction brings in the fair market value, if not more, for any item put across the auction block?
There's no more exciting atmosphere than an auction. Crowds of people competing for property, combined with that lively auction chant makes for some great entertainment and fun. It makes people feel good and makes them feel like spending.
Auctions Work Well in Both Good and Bad Economic Times
People love auctions, because they love sales. Statistics show, in a good or bad economy auctions remain a steady force. When the economy is bad, the auction industry does not feel the impact: people still flock to auctions.
*Content in this page was provided by the National Auctioneers Association