Buyers come together for one big showdown. Our professional team of Auctioneers excite the crowd and motivates the buyers.
Buy this property now or it will not be available later. When the ads start and the signs and tent go up, people know the property is going to be sold on Auction Day.
You create a market for your property. Exposure is enormous compared to conventional efforts. Many times more people are exposed to the property during the “Auction Promotion”. It is concentrated and intense and can be compared to shooting off fireworks vs. turning on a light bulb.
Traditional sales set the price and bargain down. The auction process demonstrates the value and then “bargains up”.
It is almost impossible for properties being conventionally marketed to compete with one being auctioned.
15%-20% per year, with 8% or more loss every month from non-performing loan. Thousands of dollars paid in taxes, insurance and maintenance. Liability is an important factor. The sooner the property sells the greater the bottom line dollar.
In today’s ever changing markets, auctions are not only for distressed and foreclosed properties, they are considered “a tool of first choice” by the knowledgeable seller, not an avenue of last resort.