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.
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