Auction Benefits for Sellers

- By the end of this year, residential and commercial real estate sold at auctions is expected to reach $260 billion, according to Bill Sheridan, president of the National Auctioneers Association.

These days, auctions are another marketing option — Not a last resort!!

• Real Estate Auctions 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.
• Auction brings interested buyers to a point of decision — they must act now or lose an opportunity to purchase the property.
• 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.

	Contact Roy Slater
	First Name:
	Last Name:
	Email Address:
	Phone Number:
	Are you buying or selling:	select buying selling
	Comments: