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Who uses Real Estate auctions?
What can an auction do for you?
When does the auction take place?
Where does the auction take place?
Why hold an auction?
Real Estate Auctions
Anyone who wants to buy or sell a property. Homes are all sold in "as is-where is" condition so there is no need to remodel in order to sell.
Obtain today's true market value for property in a simplified purchase process.
Because buyers are pre approved and come with earnest money in hand, a purchase agreement without contingencies can be signed on the day of the sale.
Because buyers are pre approved and come with earnest money in hand, a purchase agreement without contingencies can be signed on the day of the sale.
On the day and time of your choosing. Auctions are a year round event that are scheduled to fit the specific needs of the seller.
Generally they take place on location at the property site or on the auctioneer's website. If multiple properties are sold, it can take place at a host location like a hotel or community center.
Sellers save time, inconvenience and the cost of holding their property. The buyers take advantage of the savings. Buyers are all pre-approved and come with earnest money in the form of a certified check, money order or letter of credit from their bank. The auctioneer does all of the work.
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